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Cost structure, efficiency and productivity in Hellenic Railways

Research output: Contribution to Journal/Magazine › Journal article › peer-review

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Cost structure, efficiency and productivity in Hellenic Railways. / Tsionas, Michael; Baltas, Nicholas C.; Chionis, Dionysios P.
In: Journal of Economic Asymmetries, Vol. 5, No. 1, 06.2008, p. 39-52.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Tsionas, M, Baltas, NC & Chionis, DP 2008, 'Cost structure, efficiency and productivity in Hellenic Railways', Journal of Economic Asymmetries, vol. 5, no. 1, pp. 39-52. <http://www.apforum.org/JEAV5N1.pdf>

APA

Tsionas, M., Baltas, N. C., & Chionis, D. P. (2008). Cost structure, efficiency and productivity in Hellenic Railways. Journal of Economic Asymmetries, 5(1), 39-52. http://www.apforum.org/JEAV5N1.pdf

Vancouver

Tsionas M, Baltas NC, Chionis DP. Cost structure, efficiency and productivity in Hellenic Railways. Journal of Economic Asymmetries. 2008 Jun;5(1):39-52.

Author

Tsionas, Michael ; Baltas, Nicholas C. ; Chionis, Dionysios P. / Cost structure, efficiency and productivity in Hellenic Railways. In: Journal of Economic Asymmetries. 2008 ; Vol. 5, No. 1. pp. 39-52.

Bibtex

@article{0488a88135ad4f9087be08aaae95785b,
title = "Cost structure, efficiency and productivity in Hellenic Railways",
abstract = "In this paper we analyze the cost structure of Hellenic Railways (OSE) over the period 2000-2006 using plant-level data. Our estimates provide marginal costs, which are essential for rational pricing policies in view of Article 7 in the Commission Directive 2001/14/EC. We find cost efficiency close to 64 percent in rail circulation and 84 percent in maintenance. Technical progress has been substantial in maintenance of rail track but almost zero in rail circulation. Policy measures and recommendations are provided based on our empirical results. ",
keywords = "Cost, efficiency, productivity, transportation",
author = "Michael Tsionas and Baltas, {Nicholas C.} and Chionis, {Dionysios P.}",
year = "2008",
month = jun,
language = "English",
volume = "5",
pages = "39--52",
journal = "Journal of Economic Asymmetries",
issn = "1703-4949",
publisher = "Elsevier BV",
number = "1",

}

RIS

TY - JOUR

T1 - Cost structure, efficiency and productivity in Hellenic Railways

AU - Tsionas, Michael

AU - Baltas, Nicholas C.

AU - Chionis, Dionysios P.

PY - 2008/6

Y1 - 2008/6

N2 - In this paper we analyze the cost structure of Hellenic Railways (OSE) over the period 2000-2006 using plant-level data. Our estimates provide marginal costs, which are essential for rational pricing policies in view of Article 7 in the Commission Directive 2001/14/EC. We find cost efficiency close to 64 percent in rail circulation and 84 percent in maintenance. Technical progress has been substantial in maintenance of rail track but almost zero in rail circulation. Policy measures and recommendations are provided based on our empirical results.

AB - In this paper we analyze the cost structure of Hellenic Railways (OSE) over the period 2000-2006 using plant-level data. Our estimates provide marginal costs, which are essential for rational pricing policies in view of Article 7 in the Commission Directive 2001/14/EC. We find cost efficiency close to 64 percent in rail circulation and 84 percent in maintenance. Technical progress has been substantial in maintenance of rail track but almost zero in rail circulation. Policy measures and recommendations are provided based on our empirical results.

KW - Cost, efficiency

KW - productivity

KW - transportation

M3 - Journal article

VL - 5

SP - 39

EP - 52

JO - Journal of Economic Asymmetries

JF - Journal of Economic Asymmetries

SN - 1703-4949

IS - 1

ER -