IDEAS home Printed from https://ideas.repec.org/a/blg/journl/v9y2014i2p87-97.html
   My bibliography  Save this article

A NOTE ON RELATIVE EFFICIENCY OF STATE TRANSPORT UNDERTAKINGS IN INDIA DURING 2000s

Author

Listed:
  • SINGH K. Sanjay

    (Indian Institute of Management Lucknow, India)

  • RAGHAV Shalini

    (Institute of Agricultural Sciences, Banaras Hindu University, India)

Abstract

The main aim of this study is to analyze the level of relative efficiency of State Transport Undertakings (STUs) in India during 2000s. The analysis is based on estimation of a translog cost function using fixed effects model of the panel data method. In the context of this study, the prime advantage associated with this method is that it allows the cost function to be estimated by taking into account the variables peculiar to each STU. We find that, on an average, smaller STUs are more efficient than their larger counterparts. It seems that there is inverse relationship between ranking based on efficiency measures and size. We also found that the STU, which operates with larger route length per bus is more likely to experience a higher level of efficiency. Furthermore, a higher level of utilization of buses and their capacity would lead to a higher level of efficiency in STUs.

Suggested Citation

  • SINGH K. Sanjay & RAGHAV Shalini, 2014. "A NOTE ON RELATIVE EFFICIENCY OF STATE TRANSPORT UNDERTAKINGS IN INDIA DURING 2000s," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 9(2), pages 87-97, August.
    • Handle: RePEc:blg:journl:v:9:y:2014:i:2:p:87-97
    as

    Download full text from publisher

    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/9210singh&raghav.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
    2. Singh, Sanjay K., 2014. "An inquiry into the cost structure of state transport undertakings in India," Transport Policy, Elsevier, vol. 32(C), pages 1-8.
    3. McMullen, B Starr & Stanley, Linda R, 1988. "The Impact of Deregulation on the Production Structure of the Motor Carrier Industry," Economic Inquiry, Western Economic Association International, vol. 26(2), pages 299-316, April.
    4. Fuss, Melvyn A., 1977. "The demand for energy in Canadian manufacturing : An example of the estimation of production structures with many inputs," Journal of Econometrics, Elsevier, vol. 5(1), pages 89-116, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Singh, Sanjay K., 2014. "An inquiry into the cost structure of state transport undertakings in India," Transport Policy, Elsevier, vol. 32(C), pages 1-8.
    2. Yazid Dissou & Reza Ghazal, 2010. "Energy Substitutability in Canadian Manufacturing Econometric Estimation with Bootstrap Confidence Intervals," The Energy Journal, , vol. 31(1), pages 121-148, January.
    3. H. Ahammad & N. Islam, 1999. "Estimating the WA Agricultural Production System: A profit function approach," Economics Discussion / Working Papers 99-11, The University of Western Australia, Department of Economics.
    4. Haller, Stefanie A. & Hyland, Marie, 2014. "Capital–energy substitution: Evidence from a panel of Irish manufacturing firms," Energy Economics, Elsevier, vol. 45(C), pages 501-510.
    5. Pablo-Romero, María del P. & Sánchez-Braza, Antonio, 2015. "Productive energy use and economic growth: Energy, physical and human capital relationships," Energy Economics, Elsevier, vol. 49(C), pages 420-429.
    6. Dargay, Joyce M., 1980. "The Demand for Energy in Swedish Manufacturing," Working Paper Series 33, Research Institute of Industrial Economics, revised Aug 1982.
    7. He, Yongda & Lin, Boqiang, 2019. "Heterogeneity and asymmetric effects in energy resources allocation of the manufacturing sectors in China," Energy, Elsevier, vol. 170(C), pages 1019-1035.
    8. Buetre, Benjamin L. & Ahmadi-Esfahani, Fredoun Z., 1993. "Estimation of Factor Demand and Substitution in the Australian Pig Industry: A Dual Approach," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 61(02-1), pages 1-12, August.
    9. Dong Hee Suh, 2015. "Declining Energy Intensity in the U.S. Agricultural Sector: Implications for Factor Substitution and Technological Change," Sustainability, MDPI, vol. 7(10), pages 1-14, September.
    10. Lin, Boqiang & Ahmad, Izhar, 2016. "Energy substitution effect on transport sector of Pakistan based on trans-log production function," Renewable and Sustainable Energy Reviews, Elsevier, vol. 56(C), pages 1182-1193.
    11. Robert Halborsen, 1977. "Industrial Demand for Energy," NBER Working Papers 0166, National Bureau of Economic Research, Inc.
    12. Daniel Atsbeha & Dadi Kristofersson & Kyrre Rickertsen, 2015. "Broad breeding goals and production costs in dairy farming," Journal of Productivity Analysis, Springer, vol. 43(3), pages 403-415, June.
    13. Bello, Mufutau Opeyemi & Solarin, Sakiru Adebola & Yen, Yuen Yee, 2018. "Hydropower and potential for interfuel substitution: The case of electricity sector in Malaysia," Energy, Elsevier, vol. 151(C), pages 966-983.
    14. Christopoulos, Dimitris K., 2000. "The demand for energy in Greek manufacturing," Energy Economics, Elsevier, vol. 22(5), pages 569-586, October.
    15. Kim, Dae K., 1983. "Energy Substitution In The Gulf Of Mexico Shrimp Fishery," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-6, December.
    16. Sharimakin, Akinsehinwa, 2019. "Measuring the energy input substitution and output effects of energy price changes and the implications for the environment," Energy Policy, Elsevier, vol. 133(C).
    17. Mufutau Opeyemi, Bello, 2021. "Path to sustainable energy consumption: The possibility of substituting renewable energy for non-renewable energy," Energy, Elsevier, vol. 228(C).
    18. Khalid, Waqar & Özdeşer, Hüseyin & Jalil, Abdul, 2021. "An empirical analysis of inter-factor and inter-fuel substitution in the energy sector of Pakistan," Renewable Energy, Elsevier, vol. 177(C), pages 953-966.
    19. Dongfeng Chang & Apostolos Serletis, 2014. "The Demand For Gasoline: Evidence From Household Survey Data," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 29(2), pages 291-313, March.
    20. Lundmark, Robert & Nolander, Carl & Olofsson, Elias, 2021. "Spatial production structure and input choices of forest products in Sweden," Forest Policy and Economics, Elsevier, vol. 128(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:9:y:2014:i:2:p:87-97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mihaela Herciu (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.