Abstract

AFFIRMATIVE PARAMETRIC STUDY OF DIFFERENT ECONOMETRICS OF PASSENGER ROAD TRANSPORT CORPORATIONS OF THE SELECTED DEVELOPED AND DEVELOPING STATES

Dr. Rais Ahmad

Volume: 2 Issue: 4 2012

Abstract:

This paper describes the main objectives of the study. By using the development index based on the composite rank, the stratified sampling model has been applied. Next section of this paper deals with the nature and sources of data. Various concepts relating to cost, production, revenue, and efficiency of Passenger Road Transport have been defined along with their measurement and specification. Econometric models used in the study have also been discussed briefly. This study is based on the secondary data. The necessary information and data relating to cost, revenue, productivity, loss and profit, and various indices have been collected from the performance statistics of State Transport Undertakings, an annual publication of Central Institute of Road Transport, Pune. Annual reports of the Passenger Road Transport Corporations of the sampled states have also been considered.

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