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Renégociation de contrats dans l'industrie du transport urbain en France

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Author Info

  • Philippe Gagnepain
  • Marc Ivaldi
  • David Martimort

Abstract

The renegotiation of contracts in the French urban transport industry. This paper describes the renegotiation of delegated management contracts in the French urban transport. We briefly describe the sector, sketch a theoretical model showing that contract renegotiation explains an increasing profile of subsidies over time. This model is finally estimated. Our analysis shows that wrongly assuming that local governments can fully commit to a profile of subsidies and do not renegotiate contracts leads to systematically overestimating the efficiency of firms in the sector. Classification JEL : H11, D82.

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 60 (2009)
Issue (Month): 4 ()
Pages: 927-947

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Handle: RePEc:cai:recosp:reco_604_0927

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  1. Stephen Ryan, 2006. "The Costs of Environmental Regulation in a Concentrated Industry," 2006 Meeting Papers 9, Society for Economic Dynamics.
  2. J. Levin & P. Bajari, 2004. "Estimating Dynamic Models of Imperfect Competition," 2004 Meeting Papers 579, Society for Economic Dynamics.
  3. Gasmi, F & Laffont, Jean-Jacques & Sharkey, W W, 1997. "Incentive Regulation and the Cost Structure of the Local Telephone Exchange Network," Journal of Regulatory Economics, Springer, vol. 12(1), pages 5-25, July.
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Cited by:
  1. Daniel Danau & Annalisa Vinella, 2012. "Public-private contracting under limited commitment," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201227, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
  2. Daniel Danau & Annalisa Vinella, 2013. "From fixed to state-dependent duration in public-private contracts," Economics Working Paper Archive (University of Rennes 1 & University of Caen) 201344, Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS.
  3. Andrea Boitani & Marcella Nicolini & Carlo Scarpa, 2013. "Do competition and ownership matter? Evidence from local public transport in Europe," Applied Economics, Taylor & Francis Journals, vol. 45(11), pages 1419-1434, April.

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