Returns to Density in Operations of the Netherlands Railways

Tinbergen Institute Discussion Paper No. 04-004/3

31 Pages Posted: 25 Jun 2004

See all articles by Eric A. J. H. Pels

Eric A. J. H. Pels

Vrije Universiteit - Department of Spatial Economic

Vanessa E. Daniel

VU University Amsterdam - Department of Spatial Economics

Piet Rietveld

VU University Amsterdam - Department of Spatial Economics (Deceased)

Date Written: January 2004

Abstract

Rail cost function analysis has been a popular topic in the (empirical) economics literature over the past decades. Most studies find increasing returns to density for rail companies. The results can, however, be quite diverse. Results for the Dutch National Railway company (NS), for instance, indicate very strong increasing returns to density Andrikopoulos and Loizides, 1998) or decreasing returns to density (Preston, 1994). Using the, to our knowledge, most comprehensive dataset for the NS, this paper estimates a translog variable cost function for the NS. While the returns to density parameter shows increasing returns, like so many other papers, the calculated standard errors shows that the null hypothesis of constant returns may not be rejected.

Keywords: Transportation

JEL Classification: R41, L91

Suggested Citation

Pels, Eric A.J.H. and Daniel, Vanessa E. and Rietveld, Piet, Returns to Density in Operations of the Netherlands Railways (January 2004). Tinbergen Institute Discussion Paper No. 04-004/3, Available at SSRN: https://ssrn.com/abstract=558621 or http://dx.doi.org/10.2139/ssrn.558621

Eric A.J.H. Pels (Contact Author)

Vrije Universiteit - Department of Spatial Economic ( email )

De Boelelaan 1105
1081HV Amsterdam
Netherlands
+31-20-4446049 (Phone)
+31-20-4446004 (Fax)

Vanessa E. Daniel

VU University Amsterdam - Department of Spatial Economics

De Boelelaan 1105
1081HV Amsterdam
Netherlands

Piet Rietveld

VU University Amsterdam - Department of Spatial Economics (Deceased)

De Boelelaan 1105
1081HV Amsterdam
Netherlands
+31 20 4446097 (Phone)
+31 20 4446004 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
88
Abstract Views
1,450
rank
353,116
PlumX Metrics