We present the calculation of the order corrections to the coefficient functions contributing to the longitudinal () and transverse fragmentation functions () measured in electron-positron annihilation. The effect of these higher order QCD corrections on the behaviour of the fragmentation functions and the corresponding longitudinal () and transverse cross sections () are studied. In particular we investigate the dependence of the above quantities on the mass factorization scale () and the various parameterizations chosen for the parton fragmentation densities (; ). Our analysis reveals that the order α_s^2 contributions to are large whereas these contributions to are small. From the above fragmentation functions one can also compute the integrated cross sections and in an independent way. The sum , corrected up to order \alphastwo, agrees with the well known result in the literature providing us with an independent check an our calculations.