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ID112890
Title ProperEconomic evaluation of current conditions of competition and efficiency of automotive and rail systems in Colombia
LanguageENG
AuthorCorrea, Carlos Andres Vasco
Publication2012.
Summary / Abstract (Note)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.
`In' analytical NoteEnergy Policy Vol. 46; Jul 2012: p.78-87
Journal SourceEnergy Policy Vol. 46; Jul 2012: p.78-87
Key WordsAllocative Efficiency ;  Data Envelopment Analysis ;  Colombia Freight Infrastructure