Renégociation de contrats dans l'industrie du transport urbain en France
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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- J. Levin & P. Bajari, 2004.
"Estimating Dynamic Models of Imperfect Competition,"
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579, Society for Economic Dynamics.
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- Jonathan Levin (Stanford University) & Pat Bajari & Lanier Benkard, 2004. "Estimating Dynamic Models of Imperfect Competition," Econometric Society 2004 North American Winter Meetings 627, Econometric Society.
- Bajari, Patrick & Benkard, C. Lanier & Levin, Jonathan, 2007. "Estimating Dynamic Models of Imperfect Competition," Research Papers 1852r1, Stanford University, Graduate School of Business.
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- Stephen Ryan, 2005. "The Costs of Environmental Regulation in a Concentrated Industry," Working Papers 0510, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
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