2004, 2003-2004, English, Article, Working paper edition: Assessing the efficient cost of sustaining Britain's rail network: perspectives based on Zonal comparisons Kennedy, John; Smith, Andrew S. J.

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/769
Physical Description
  • 473835 bytes, application/​pdf
  • Working Paper
Published
  • 2004-06-16T16:05:25Z
  • 2003-02
Language
  • English

Edition details

Title
  • Assessing the efficient cost of sustaining Britain's rail network: perspectives based on Zonal comparisons
Author
  • Kennedy, John
  • Smith, Andrew S. J.
Published
  • 2004-06-16T16:05:25Z
  • 2003-02
Physical Description
  • 473835 bytes, application/​pdf
  • Working Paper
Subjects
Notes
  • The objective of this paper is to inform the debate on how efficiency targets for Network Rail (formerly Railtrack) should be set during the 2002/​03 Interim Review and beyond. Given the problems experienced during the 2000 Periodic Review, which focused on external benchmarks, we propose an internal benchmarking approach, drawing on data for seven geographical Zones within Railtrack (over the period 1995/​96 to 2001/​02). Our approach mirrors the yardstick competition method used in other UK regulated industries. Three efficiency measurement techniques are applied to this data (DEA; COLS; SFA). Our results suggest that Railtrack (as a whole) delivered substantial improvements in productivity in the early years after privatisation, although these savings were largely offset by the post-Hatfield cost increases. However, looking forward, Zonal efficiency differences suggest that the company could make significant savings in future years by applying (its own) best practice consistently across the network.
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment