Abstract
WE ESTIMATE THE STANDARD COSTS IN THE ITALIAN LOCAL BUS TRANSPORT SYSTEM BY MEANS O F A TOP-DOWN APPROACH. COMMERCIAL SPEED RESULTS THE MOST IMPORTANT COST DRIVER, WHILE ECONOMIES OF SCALE ARE LOW AND ONLY PRESENT IN THE CASE OF SMALL TRANSPORT OPERATORS. MEDIUM SIZED AND LARGE OPERATORS EXHIBIT DISECONOMIES OF SCALE. WE FIND A POSITIVE CORRELATION BETWEEN INVESTMENTS IN BUS FLEET AND SERVICE COST. THE MODEL AIMS AT INTRODUCING POLICY CRITERIA FOR THE ALLOCATION OF PUBLIC FUNDS EARMARKED TO THE LOCAL PUBLIC TRANSIT SECTOR AMONG ITALIAN REGIONS.
| Translated title of the contribution | [Autom. eng. transl.] A model for the determination of the standard cost in local public transport services on buses in Italy |
|---|---|
| Original language | Italian |
| Pages (from-to) | 181-213 |
| Number of pages | 33 |
| Journal | Economia e Politica Industriale |
| DOIs | |
| Publication status | Published - 2014 |
Keywords
- COST PROXY MODELS
- FISCAL FEDERALISM
- LOCAL PUBLIC TRANSPORT
- STANDARD COST