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2 report(s) found with economies of scale in the keywords field
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This study analyzes economies of scale and density as a rationale for subsidizing transit agencies in small urban areas. A long-run cost model is estimated using data from 2006 to 2009 for 168 transit agencies that directly operated fixed-route bus service in small urban areas. Using vehicle revenue...
The overall objective was to determine the extent that economies of size and density are available to short line railroads. Size economies are limited for short line railroads. For example, doubling the size of the network (from 56 to 129 miles) decreases costs by only 6.9 percent. The elasticity of...
