Abstract (EN):
This paper focuses on the analysis of the operational performance of a number of European
metro systems by adopting a production function approach. To begin with, this study
analyses the estimate of the inputs elasticities of the optimal production function. Next, it
studies the efficiency and effectiveness levels of each company, by analysing service
supplied and demand characterizing indicators, respectively. For these two purposes,
stochastic production frontier models have been applied. Due to the fact that production
effectiveness is influenced by the social-economic environment of the urban areas on which
the metro systems operate, the influence of these external effects on effectiveness is
estimated by regressing the effectiveness results on external variables. In addition, internal
effects on effectiveness are evaluated.
Idioma:
Inglês
Tipo (Avaliação Docente):
Científica
Nº de páginas:
22