Working papers in Transport Economics
Costs for Swedish public transport authorities in tendered bus contracts
Abstract: The main objective of this paper is to investigate how
different factors affect costs for Swedish Public Transport Authorities
(PTA). A theoretical framework is presented for the empirics, a cross
sectional regression analysis with cost and supply data from 20 Swedish
counties for the year 2012. The most important results are that a one
percentage increase in output yield a lower than one percentage increase in
cost. The usage of incentives scheme contract do not increase total costs.
Lastly, contracts operated by publicly owned operators seem to give higher
costs for the PTAs.
Keywords: Public Transport; Cost; Competitive Tendering; Public Transport Authority; Bus operators; Incentives contract; Fixed price contract; Incentives scheme; (follow links to similar papers)
JEL-Codes: H57; R48; (follow links to similar papers)
26 pages, November 6, 2014
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