AN EXAMINATION OF THE COST STRUCTURES ASSOCIATED WITH PROVIDING URBAN BUS SERVICES IN BRITAIN

The paper examines the underlying cost structure associated with supplying urban bus services in Great Britain. A transcendental logarithmic cost model is employed and parameters estimated using data for 1980. It is found that the unrestricted functional form provides the most satisfactory statistical framework. A number of hypotheses regarding the impact of subsidies, peak intensity, and political influences are tested. There is evidence that diseconomies of scale are a characteristic of the largest undertakings.

• Corporate Authors:

  Longman Group Limited

  Journals Division, Fourth Avenue
  Harlow, Essex CM19 5AA,   England 
• Authors:
  • BUTTON, K J
  • O'Donnell, K J
• Publication Date: 1985-2

Media Info

• Pagination: p. 67-81
• Serial:
  • SCOTTISH JOURNAL OF POLITICAL ECONOMY
  • Volume: 32
  • Issue Number: 1

Subject/Index Terms

• TRT Terms: Analysis; Bus transit; Costs; Economies of scale; Operating costs; Peak periods; Politics; Subsidies
• Uncontrolled Terms: Cost analysis
• Geographic Terms: United Kingdom
• Old TRIS Terms: Bus services
• Subject Areas: Administration and Management; Economics; Finance; Highways; Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 00455170
• Record Type: Publication
• Files: TRIS
• Created Date: May 31 1988 12:00AM