The primary aim of the paper is to determine a short‐run cost function for Dublin City Bus Services (DCS), using a translog approach. The results show that there are significant economies of density in the transit operation. The results also indicate that the structure of DCS is characterised by a homothetic production function and that partial elasticities of substitution are non‐unitary.
Economies of density and factor substitution in Dublin city bus services — a translog approach
Transportation Planning and Technology ; 12 , 3-4 ; 221-229
1988-11-01
9 pages
Article (Journal)
Electronic Resource
Unknown
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