A performance-based subsidy allocation of ferry transportation: A data envelopment approach

Ferry transportation plays an essential role in transportation services between a mainland and its offshore islands, as well as among those islands. However, low volume routes frequently operate at a loss because they are socially necessary but not profitable. Thus, a government may provide financial support to such ferry routes. Since budgetary resources for offshore ferry routes are limited, this paper offers a performance-based method constructed through data envelopment analysis to help governments allocate subsidies to individual offshore ferry routes. The proposed method considers the concepts of cross-efficiency and structural efficiency, simultaneously. The allocation results for a current ferry subsidy allocation policy and the proposed method are compared. The results may provide valuable suggestions for allocation policies for subsidies to ferry firm.

• Record URL:
  • https://doi.org/10.1016/j.tranpol.2018.04.004
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S0967070X17304043
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/29485010
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Yu, Ming-Miin
  • Chen, Li-Hsueh
  • Hsiao, Bo
• Publication Date: 2018-9-30

Language

• English

Media Info

• Media Type: Web
• Features: References; Tables;
• Pagination: pp 13-19
• Serial:
  • Transport Policy
  • Volume: 68
  • Publisher: Elsevier
  • ISSN: 0967-070X
  • Serial URL: http://www.elsevier.com/locate/issn/096707X

Subject/Index Terms

• TRT Terms: Ferry service; Routes; Subsidies
• Uncontrolled Terms: Data envelopment analysis
• Subject Areas: Finance; Marine Transportation; Operations and Traffic Management;

Filing Info

• Accession Number: 01673039
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 22 2018 4:42PM