Liberalization and efficiency in the European postal sector

  title={Liberalization and efficiency in the European postal sector},
  author={Cipriano Quir{\'o}s},
Market competition has been widely considered as one of the main determinants of business efficiency. This study evaluates this hypothesis for European postal operators. In particular, it takes advantage of the coexistence of various degrees of competition in national postal markets and the differences in regulations established among countries. For this purpose, a stochastic production frontier model is estimated, using a database of 17 European national postal operators. The results show that… CONTINUE READING