Renégotiation de contrats dans l’industrie du transport urbain en France
AbstractThis paper describes the renegotiation of delegated management contracts in the French urban transport. We brie y describe the sector, sketch a theoret- ical model showing that contract renegotiation explains an increasing pro le of subsidies over time. This model is nally estimated. Our analysis shows that wrongly assuming that local governments can fully commit to a pro le of subsidies and do not renegotiate contracts leads to systematically overesti- mating the e¢ ciency of rms in the sector.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/5046.
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- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2009. "Renégociation de contrats dans l'industrie du transport urbain en France," Revue économique, Presses de Sciences-Po, vol. 60(4), pages 927-947.
- Philippe Gagnepain & Marc Ivaldi & David Martimort, 2009. "Renégotiation de contrats dans l'industrie du transport urbain en France," Post-Print hal-00622833, HAL.
- H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
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