A Cost Function for Australia's Railways

27 Pages Posted: 17 Jul 2009

Date Written: July 17, 2009

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.

Keywords: Railways, Cost Functions

JEL Classification: L92, D24

Suggested Citation

Wills-Johnson, Nick, A Cost Function for Australia's Railways (July 17, 2009). Available at SSRN: https://ssrn.com/abstract=1435187 or http://dx.doi.org/10.2139/ssrn.1435187

Nick Wills-Johnson (Contact Author)

DBP ( email )

PO Box Z5267
St Georges Terrace
Perth, 6831
Australia

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