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Rail infrastructure charging in Hellenic railways

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  • Tsionas, Efthymios G.
  • Baltas, Nicholas C.
  • Chionis, Dionysios P.

Abstract

In this paper we consider marginal cost estimation in Greek railways over the period 2000-2004. Marginal cost estimation has been recently an active area of research when disaggregated data by line of operation are available but factor price data are not available. We propose panel data techniques to deal with the problem of statistical efficiency of parameters estimators. Our estimates show that marginal cost in Greek railways is comparable to the estimates in other European countries.

Suggested Citation

  • Tsionas, Efthymios G. & Baltas, Nicholas C. & Chionis, Dionysios P., 2011. "Rail infrastructure charging in Hellenic railways," Journal of Policy Modeling, Elsevier, vol. 33(3), pages 370-380, May.
    • Handle: RePEc:eee:jpolmo:v:33:y:2011:i:3:p:370-380
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    References listed on IDEAS

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    1. Tsionas, Efthymios G. & Assaf, A. George & Matousek, Roman, 2015. "Dynamic technical and allocative efficiencies in European banking," Journal of Banking & Finance, Elsevier, vol. 52(C), pages 130-139.
    2. Bugarinovic, Mirjana & Boskovic, Branislav, 2015. "A systems approach to access charges in unbundling railways," European Journal of Operational Research, Elsevier, vol. 240(3), pages 848-860.

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