Abstract
We develop a hybrid cost model for the determination of unit standard costs in the Italian local public bus
transport sector. Detailed economic and transport data have been collected from companies producing more than
500 million of bus-kilometers in Italy observed in 2011. We draw upon the Bottom-Up approach for the estimation
of the cost of the driving personnel and the economic cost of the rolling stock which usually cover more
than 50% of the total economic cost. We thus adjust for efficiency the number of bus-kilometers per vehicle and
the number of net driving hours per driver, which are characterized by very different levels of efficiency across
Italian Regions. We resort to the Top-Down approach for the estimation of other costs. We find that an increase in
the number of net driving hours per driver produces higher savings in urban services than intercity services.
Conversely, the impact of an increase in the number of bus-kilometers per vehicle in the case of urban services is
almost equal to that in the case of intercity services. The applied model allows us to tune the required level of
efficiency according to regional desiderata. Our results might then be useful in order to define the maximum
economic compensation that can be required by any local public transport firm which takes part in competitive
tendering procedures for the allotment of service concessions or which is entitled with monopoly rights by political
choice and/or local public ownership.
Lingua originale | English |
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pagine (da-a) | 48-57 |
Numero di pagine | 10 |
Rivista | Transport Policy |
Volume | 62 |
DOI | |
Stato di pubblicazione | Pubblicato - 2018 |
Keywords
- standard cost