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The Economic Environment and Public Enterprise Behaviour

Belgian Railroads, 1950-86

Bibliographic Data

ID9727323
AuthorsBruno De Borger (0000-0001-8810-0513, corresponding author)
Year1993
Volume60
Issue240
Pages443
Publication date1993-11-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherJSTOR (PUBLISHER)
DOI10.2307/2554572
OpenAlexW2145494081
LanguageEN
Citations received2
References cited7

The purpose of this paper is to estimate the impact of variations in the economic environment on allocatively inefficient behavior by public enterprises, and to measure the implications of both allocative and technical inefficiency for the firm's costs and factor use. Empirical results for the Belgian railroad company suggest the importance of unemployment and the pressure experienced by managers to reduce the deficit as explanatory variables of allocative inefficiency. The implications of inefficiencies for factor use are found to be substantial, although the associated costs are quite small. Copyright 1993 by The London School of Economics and Political Science

Allocative efficiency · Business · Economics · Industrial organization · Inefficiency · Macroeconomics · Microeconomics · Public economics · Unemployment · Efficiency Analysis Using DEA · Global trade and economics · Transport and Economic Policies

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Unique citing works2
Citations per year0,08
Citation span2001 - 2011 (11)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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