Title of article
Economic evaluation of current conditions of competition and efficiency of automotive and rail systems in Colombia
Author/Authors
Carlos Andrés Vasco Correa، نويسنده ,
Issue Information
ماهنامه با شماره پیاپی سال 2012
Pages
10
From page
78
To page
87
Abstract
This study uses microeconomic data from the transportation systems of land cargo in Colombia: rail and trucking, to determine their degree of allocative efficiency through the non-parametric method Data Envelopment Analysis DEA. The average overall efficiency found was 74.4% for trains and 20.56% for trucks. These figures indicate that rail is more efficient in the allocation of resources. This means that trains in Colombia use their input better than trucks to maximize their production, given the costs and technological characteristics of each system. This is a signal for the design of a public policy for investment in transportation infrastructure that seeks to raise the competitiveness of Colombian exports, investing not only in roads but in complementary systems such as railways too.
Keywords
Allocative efficiency , Data envelopment analysis , Colombia freight infrastructure
Journal title
Energy Policy
Serial Year
2012
Journal title
Energy Policy
Record number
973935
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