The effects of operating and capital subsidies on total factor productivity: a decomposition approach.
A study is conducted to analyze total factor productivity (TFP) in public transit systems and to decompose it among subsidy effects, scale or output effects, and the rate of technical change by building on previous methods that distinguished between private costs and actual costs. Cross-sectional d...
| Publicado en: | Southern Economic Journal Vol. 67; no. 2; pp. 381 - 398 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
October 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510128563&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510128563 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00384038 SEJ jtl: Southern Economic Journal issn: 00384038 maglogo: N pubinfo: dt: October 2000 vid: 67 iid: 2 pid: 1482 pub: Southern Economic Association artinfo: ui: 510128563 10.2307/1061476 ppf: 381 ppct: 17 formats: fmt: @attributes: type: T tig: atl: The effects of operating and capital subsidies on total factor productivity: a decomposition approach. aug: au: Obeng, Kofi Sakano, Ryoichi su: Mathematical models of economics Subsidies Decomposition method Production functions (Economic theory) Bus lines United States sug: subj: United States Mathematical models of economics Subsidies Decomposition method Production functions (Economic theory) Bus lines ab: A study is conducted to analyze total factor productivity (TFP) in public transit systems and to decompose it among subsidy effects, scale or output effects, and the rate of technical change by building on previous methods that distinguished between private costs and actual costs. Cross-sectional data and an unbalanced panel of time series were drawn for single-mode bus systems in the U.S. Findings reveal that technical change is capital using, labor saving, and fuel saving, and the rate of technical change increases with higher capital subsidies and lower operating subsidies. Findings conclude that technical change through sources other than subsidies also increased the impact of technical change on TFP decline, and output or scale effect contributed more to the rate of change of TFP in absolute terms than any other variable. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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