Samenvatting
USING DATA FROM NORTH AMERICAN RAIL TRANSIT PROPERTIES, SHORT AND LONG RUN COST FUNCTIONS ARE ESTIMATED USING A NEOCLASSICAL ECONOMIC MODEL. VARIOUS SPECIAL ECONOMETRIC TECHNIQUES ARE EMPLOYED TO ESTIMATE THE RELATIONSHIPS FROM A HETEROGENEOUS DATA SET. THE ESTIMATED COST FUNCTIONS ARE THEN USED TO FORECAST THE COST EXPERIENCE OF THE BART SYSTEM IN SAN FRANCISCO.(Author/publisher).