A survey of recent developments in transportation cost function research

• Published in: The Logistics and transportation review Vol. 32; no. 4; p. 423
• Main Authors: Oum, Tae Hoon, Waters, W G
• Format: Journal Article
• Language: English
• Published: Vancouver University of British Columbia, Faculty of Commerce and Business Administration 01.12.1996
• Subjects: Cost analysis; Cost estimates; Costs; Decision making; Economic justification; Economies of scale; Efficiency; Productivity; Railroads; Studies; Transportation industry; United States > US

The origins of empirical cost analysis in transportation is reviewed, but concentration is on developments over the last 15 years or so. Aggregate cost functions are studied to infer broad cost characteristics of the industry, notably the presence or absence of economies of scale or density. Recentl...