COST SAVINGS FROM ONE-MAN OPERATION OF BUSES: A RE-EVALUATION
Estimated cost savings resulting from conversion of UK bus routes to one-man operation were reported by Brown and Nash in 1972. A reduction in operating costs by an average of 13.7% were reported. This article is intended to show that by a replication of this study using more recent data, multi-collinearity is revealed. This may have been severe enough to produce an unreliable estimate of the savings of conversion to one-man operation. A revised version of the Brown and Nash regression model is presented which eliminates problems associated with multi-collinearity. This analysis shows that one-man operation reduced operating costs by 15.6%. A rejoinder by Nash and Brown is included. (TRRL)
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/oclc/856156
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Corporate Authors:
London School of Economics and Political Science
Houghton Street, Aldwych
London WC2A 2AE, England -
Authors:
- Boyd, C W
- Publication Date: 1981-1
Media Info
- Features: References; Tables;
- Pagination: p. 59-67
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Serial:
- Journal of Transport Economics and Policy
- Volume: 15
- Issue Number: 1
- Publisher: University of Bath
- ISSN: 0022-5258
- Serial URL: http://www.jtep.com
Subject/Index Terms
- TRT Terms: Analysis; Bus transportation; Buses; Costs; Data analysis; Economic factors; Economics; Errors; Forecasting; Mathematical analysis; Mathematical models; Operating costs; Personnel; Public transit; Regression analysis; Routes; Transportation; Transportation operations; Transportation planning
- Uncontrolled Terms: Cost analysis; One
- Old TRIS Terms: Transportation administration
- ITRD Terms: 1272: Bus; 263: Economics of transport; 6440: Error; 132: Forecast; 6473: Mathematical model; 9054: One; 221: Operating costs; 102: Personnel; 744: Public transport; 6588: Regression analysis
- Subject Areas: Administration and Management; Economics; Planning and Forecasting; Transportation (General); I10: Economics and Administration; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 00334116
- Record Type: Publication
- Source Agency: Transport Research Laboratory
- Files: ITRD, TRIS
- Created Date: Aug 15 1982 12:00AM