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  • 标题:Potential Gains from Mergers in Local Public Transport : An Efficiency Analysis Applied to Germany.
  • 本地全文:下载
  • 作者:Matthias Walter ; Astrid Cullmann
  • 期刊名称:DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
  • 出版年度:2008
  • 卷号:2008
  • 出版社:Deutsches Institut für Wirtschaftsforschung, Berlin
  • 摘要:We analyze potential gains from hypothetical mergers in local public transport using the non-parametric Data Envelopment Analysis with bias corrections by means of bootstrapping. Our sample consists of 41 public transport companies from Germany's most densely populated region, North Rhine-Westphalia. We merge them into geographically meaningful, larger units that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency, synergy and size effects following the methodology of Bogetoft and Wang [Bogetoft, P., Wang, D., 2005. Estimating the Potential Gains from Mergers. Journal of Productivity Analysis, 23(2), 145-171]. Our empirical findings suggest that substantial gains up to 16 percent of factor inputs are present, mainly resulting from synergy effects.
  • 关键词:Merger, Public Transport, Efficiency, Data Envelopment Analysis
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