Yardstick Competition for Transport Infrastructure Services
AbstractThe 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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Bibliographic InfoPaper provided by HAL in its series Post-Print with number halshs-00092671.
Date of creation: 2006
Date of revision:
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
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Infrastructure Funding ; Yardstick Competition ; Regulation;
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- Bivand, Roger & Szymanski, Stefan, 1997. "Spatial dependence through local yardstick competition:: theory and testing," Economics Letters, Elsevier, vol. 55(2), pages 257-265, August.
- 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, January.
- 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.
- Emmanuelle Auriol, 2000.
"Concurrence par comparaison. Un point de vue normatif,"
Presses de Sciences-Po, vol. 0(3), pages 621-634.
- Emmanuelle Auriol, 2000. "Concurrence par comparaison. Un point de vue normatif," Revue Économique, Programme National Persée, vol. 51(3), pages 621-634.
- 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.
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