Autori
Ottoz, Elisabetta
Di Giacomo, Marina

Titolo
Diversification strategies and scope economies evidence from a sample of Italian bus transport providers
Periodico
Università degli studi di Torino. Dip. Di Economia e Statistica Cognetti de Martiis. Working paper series
Anno: 2008 - Volume: 2 - Fascicolo: 2 - Pagina iniziale: 1 - Pagina finale: 33

A growing number of local public transport (LPT) companies diversify their production lines by providing a large set of services. We investigate the cost structure of a sample of LPT companies operating in Italy in order to assess the presence and the magnitude of scope economies. We split thewhole sample of firms according to the diversification strategy: private firms, mainly diversifying in competitive transport-related services and public firms providing non-transport services in regulated markets. Regardless of the functional form and the method used, scope economies appear sizeable for both groups but higher for firms pursuing a transport related strategy, suggesting it should be preferable to the multi-utility development pursued by public LPT firms.



Testo completo: http://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2008dip/2_wp_ottoz_digiacomo.pdf

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