Book(print) World Affairs Online1987

Technical efficiency: An interstate comparison of railways in Australia

In: Economics Discussion Papers, 12/87

Lubulwa, A. S. G; Oczkowski, E; School of Economics

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Abstract

This paper explores the technical efficiency of the freight service divisions of the six state railway systems in Australia. A deterministic statistical 'best practice'-frontier is estimated and is then used as a reference or basis for measuring inefficiency within the freight service section of the Australian railway transport sector. The empirical model used in this context is the Cobb-Douglas production function. (DÜI-Sbt)

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