Diversification strategies and scope economies: evidence from a sample of Italian regional bus transport providers

Autor:	Elisabetta Ottoz, Marina Di Giacomo
Rok vydání:	2012
Předmět:	Economics and Econometrics Cost structure Scope (project management) business.industry scope economies transport companies Sample (statistics) Diversification (marketing strategy) cost function Economy Order (exchange) Public transport Economics Social Sciences & Humanities business
Zdroj:	Applied Economics. 44:2867-2880
ISSN:	1466-4283 0003-6846
DOI:	10.1080/00036846.2011.568399
Popis:	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 the whole 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.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::51628eec3650ce106d7bea7bdf76ab2c https://doi.org/10.1080/00036846.2011.568399 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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