Arthshastra Indian Journal of Economics & Research

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Technical Efficiency of Urban Public Transport Undertakings in India: A Study with Special Reference to CSTC


Affiliations
1 Junior Research Fellow, Centre for Urban Economic Studies, Department of Economics University of Calcutta 1, Reformatory Street Kolkata - 700 027, India
2 Associate Professor, Centre for Urban Economic Studies, Department of Economics 1, Reformatory Street, University of Calcutta Kolkata - 700 027, India

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In most of the big cities in India, buses are mainly run by publicly owned State Transport Undertakings (STUs), many of which make losses due to some social obligations to be fulfilled. In this paper, the values of certain performance indicators showed that some undertakings were in a much better position as compared to others. The Calcutta State Transport Corporation (CSTC) in the state of West Bengal, one of the oldest STUs in India, exhibited quite a dismal performance. In such a scenario, a comparison was made between the technical efficiencies of CSTC and a few other STUs of India using stochastic frontier analysis. CSTC was found to have a very low technical efficiency, corroborating the results obtained in terms of the performance indicators.

Keywords

State Transport Undertakings, Performance Indicators, Technical Efficiency, Stochastic Frontier Analysis

C13, L92, R40

Paper Submission Date : September 29, 2014 ; Paper sent back for Revision : May 13, 2015 ; Paper Acceptance Date : June 2, 2015.

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  • Technical Efficiency of Urban Public Transport Undertakings in India: A Study with Special Reference to CSTC

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Authors

Aparajita Chakrabartty
Junior Research Fellow, Centre for Urban Economic Studies, Department of Economics University of Calcutta 1, Reformatory Street Kolkata - 700 027, India
Sudakshina Gupta
Associate Professor, Centre for Urban Economic Studies, Department of Economics 1, Reformatory Street, University of Calcutta Kolkata - 700 027, India

Abstract


In most of the big cities in India, buses are mainly run by publicly owned State Transport Undertakings (STUs), many of which make losses due to some social obligations to be fulfilled. In this paper, the values of certain performance indicators showed that some undertakings were in a much better position as compared to others. The Calcutta State Transport Corporation (CSTC) in the state of West Bengal, one of the oldest STUs in India, exhibited quite a dismal performance. In such a scenario, a comparison was made between the technical efficiencies of CSTC and a few other STUs of India using stochastic frontier analysis. CSTC was found to have a very low technical efficiency, corroborating the results obtained in terms of the performance indicators.

Keywords


State Transport Undertakings, Performance Indicators, Technical Efficiency, Stochastic Frontier Analysis

C13, L92, R40

Paper Submission Date : September 29, 2014 ; Paper sent back for Revision : May 13, 2015 ; Paper Acceptance Date : June 2, 2015.




DOI: https://doi.org/10.17010/aijer%2F2015%2Fv4i3%2F71377