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    A cost function for Australia's railways

    128651_12251_CRAE WP200906 Wills-Johnson A Cost Function for Aust Railways.pdf (487.0Kb)
    Access Status
    Open access
    Authors
    Wills-Johnson, Nick
    Date
    2009
    Type
    Working Paper
    
    Metadata
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    Citation
    Wills-Johnson, Nick. 2009. A cost function for Australia's railways, Centre for Research in Applied Economics Working Paper Series No. 200906, Curtin University of Technology, School of Economics and Finance.
    Faculty
    Curtin Business School
    School of Economics and Finance
    URI
    http://hdl.handle.net/20.500.11937/40996
    Collection
    • Curtin Research Publications
    Abstract

    This paper utilises a unique dataset comprising of a hundred years of Australian railway history to develop a cost function for Australia?s railways. It explores two different functional forms, highlighting the advantages and disadvantages of each, and explores some of the ramifications of the cost models, both in terms of the economics of Australia?s railways and their economic regulation.

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