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.


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    Title :

    Economies of density and factor substitution in Dublin city bus services — a translog approach


    Contributors:

    Published in:

    Publication date :

    1988-11-01


    Size :

    9 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    Unknown