Facoltà di scienze economiche

Analisi dell’efficienza di costo delle compagnie di bus italiane e svizzere

Filippini, Massimo ; Kuenzle, Michael

In this paper we have examined the scale and cost efficiency of Italian and Swiss regional bus companies. For this purpose, we have used the estimation of a frontier cost model using a fixed effect approach. Two translog cost frontier models were specified and estimated using panel data. The first model was estimated for a sample of 58 Italian bus companies, whereas the second model was estimated... More

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    Summary
    In this paper we have examined the scale and cost efficiency of Italian and Swiss regional bus companies. For this purpose, we have used the estimation of a frontier cost model using a fixed effect approach. Two translog cost frontier models were specified and estimated using panel data. The first model was estimated for a sample of 58 Italian bus companies, whereas the second model was estimated for a sample of 55 Swiss bus companies. The findings on efficiency were discussed in the political and regulatory setting under which the Swiss and the Italian regional bus companies are operating.