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Efficiency of the Portuguese metros. is it different from other European metros?

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  • Santos, Joana
  • Simões, Pedro
  • Costa, Álvaro
  • Cunha Marques, Rui

Abstract

This research analyses the performance of Portuguese metros in the European context. By means of two non-parametric benchmarking techniques, respectively performance indicators and data envelopment analysis, we compute the efficiency of 37 European metros. In order to provide statistical inference and robustness to our results we apply the recent technique of bootstrap. We also use the partial frontiers (order-m) to identify outliers and the double bootstrap procedure in a second stage methodology to take into account the influence of the operational environment. The results show important levels of inefficiency both in the Portuguese metros and in other European metros.

Suggested Citation

  • Santos, Joana & Simões, Pedro & Costa, Álvaro & Cunha Marques, Rui, 2010. "Efficiency of the Portuguese metros. is it different from other European metros?," MPRA Paper 34904, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:34904
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Metro; Efficiency; Portugal; Performance Indicator; Data Envelopment Analysis;
    All these keywords.

    JEL classification:

    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General

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