Abstract This paper investigates the long-run cost structure of a specific firm of the U.S. urban multiservice transit industry, thereby permitting inferences to be made to the long-run cost structure of similar firms in the industry. The empirical results indicate that the firm exhibits economies of size over a wide service range. Since cost complementarity does not exist for all service combinations, the results do not support the existence of economies of scope.


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    Title :

    A firm specific analysis of economies of size in the U.S. urban multiservice transit industry


    Contributors:

    Published in:

    Publication date :

    1991-02-10


    Size :

    12 pages




    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English



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