Topic: 15. Productivity

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Technical Efficiency and Ownership: The Case of Booking Centres in the Swedish Taxi Market

The study examines competition between privately and publicly owned booking centres in the Swedish taxi market by studying technical efficiency, and breaking down technical efficiency into managerial and organisational efficiency. The main results are that a large amount of technical efficiency exists and that no direct relationship between technical efficiency and type of ownership can be found.

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Ownership and Productive Efficiency: The Case of British Ports

British ports provide a “laboratory” of mixed ownership enterprises. This paper applies stochastic frontier models to test the relative efficiency of public compared with private enterprises. The finding is supportive of the view that efficiency gains from privatisation may be limited if the change involves the transfer of ownership from the public to the private sector only.

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Economic Efficiency of Railways and Implications for Public Policy: A Comparative Study of the OECD Countries’ Railways

The productive efficiency of the railway systems in 19 OECD countries is analysed. The empirical results show that: (i) railway systems with high dependence on public subsidies are significantly less efficient than similar railways with less dependence on subsidies; (ii) railways with a high degree of managerial autonomy from regulatory authorities tend to achieve higher efficiency.

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The World’s Airlines. A Cost and Productivity Comparison

Measures of the total factor productivity and unit costs of 14 US and 27 non-US airlines in 1983 indicate that the US has a 12 per cent productivity advantage, partially offset by higher labour prices resulting in equivalent unit costs for the US and non-US carriers. Higher productivity levels are the result of higher traffic density. Deregulation is unlikely to close the productivity gap unless non-US carriers increase their traffic density.

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Total Factor Productivity in Bus transport

Total factor productivity is measured by a new technique. It appears that in bus transport during the 1970s average cost has fallen and efficiency has risen; but the result may be biased by the use of revenue (possibly including subsidies) as a measure of output.

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