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Yardstick Competition for Transport Infrastructure Services

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Author Info

  • Dominique Bouf

    ()
    (LET - Laboratoire d'économie des transports - CNRS : UMR5593 - Université Lumière - Lyon II - Ecole Nationale des Travaux Publics de l'Etat)

  • Julien Lévêque

    ()
    (LET - Laboratoire d'économie des transports - CNRS : UMR5593 - Université Lumière - Lyon II - Ecole Nationale des Travaux Publics de l'Etat)

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    Abstract

    The hypothesis underlying this report is that yardstick competition might be an efficient way to regulate infrastructure provision, at least in its core activity: maintenance. But to support this hypothesis, we need to present yardstick competition quite extensively.Thus, this report is organised as follows:- The first chapter gives a brief overview of the regulation problem in order to present yardstick competition in the context of the various ways to regulate firms or utilities;- The second chapter presents yardstick competition more precisely with a theoretical approach;- The third chapter provides some examples of the use of yardstick competition in various industries;- The fourth chapter addresses the main point of the report: is yardstick competition possible and desirable for infrastructure provision?

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    File URL: http://halshs.archives-ouvertes.fr/docs/00/09/26/71/PDF/ECMT_bouf_leveque.pdf
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    Bibliographic Info

    Paper provided by HAL in its series Post-Print with number halshs-00092671.

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    Date of creation: 2006
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    Publication status: Published - Presented, ECMT (Ed.) = CEMT. Round Table 129 = Table ronde 129 - Transport services: Limits of (De-)Regulation = L'offre de transports : les limites de la (dé)réglementation, 2006, Paris, France
    Handle: RePEc:hal:journl:halshs-00092671

    Note: View the original document on HAL open archive server: http://halshs.archives-ouvertes.fr/halshs-00092671/en/
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    Web page: http://hal.archives-ouvertes.fr/

    Related research

    Keywords: Infrastructure Funding ; Yardstick Competition ; Regulation;

    References

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    1. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, December.
    2. Emmanuelle Auriol, 2000. "Concurrence par comparaison. Un point de vue normatif," Revue Économique, Programme National Persée, vol. 51(3), pages 621-634.
    3. Becker, Gary S, 1983. "A Theory of Competition among Pressure Groups for Political Influence," The Quarterly Journal of Economics, MIT Press, vol. 98(3), pages 371-400, August.
    4. Dag Dalen & Andres Gómez-Lobo, 2003. "Yardsticks on the road: Regulatory contracts and cost efficiency in the Norwegian bus industry," Transportation, Springer, vol. 30(4), pages 371-386, November.
    5. Klein, Benjamin & Crawford, Robert G & Alchian, Armen A, 1978. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 297-326, October.
    6. Bivand, Roger & Szymanski, Stefan, 1997. "Spatial dependence through local yardstick competition:: theory and testing," Economics Letters, Elsevier, vol. 55(2), pages 257-265, August.
    7. Dag Morten Dalen, 1998. "Yardstick Competition and Investment Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(1), pages 105-126, 03.
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