Influenced by the twin forces of globalization and urbanization, many cities are developing urban rail transit systems (URTS). The policies and ownership structures within which they are developed have a profound impact upon their efficiency. This paper analyzes the relationship between ownership structure and technical efficiency through the application of data envelopment analysis (DEA). A comparative analysis of 15 URTS reveals that, among the different available governance development models, privatization has a direct and positive bearing upon enhancing efficiency. © 2008 Elsevier Ltd. All rights reserved.
|Number of pages||13|
|Journal||Transportation Research Part A: Policy and Practice|
|Publication status||Published - Nov 2008|
- Ownership models
- Urban railways