A cost function for Australia's railways
Access Status
Open access
Authors
Wills-Johnson, Nick
Date
2009Collection
Type
Working Paper
Metadata
Show full item recordAbstract
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.
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
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