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

Author

Listed:
  • 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.

Suggested Citation

  • 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.
  • Handle: RePEc:cai:recosp:reco_604_0927
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    References listed on IDEAS

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    1. Patrick Bajari & C. Lanier Benkard & Jonathan Levin, 2007. "Estimating Dynamic Models of Imperfect Competition," Econometrica, Econometric Society, vol. 75(5), pages 1331-1370, September.
    2. 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. 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.
    2. Daniel Danau & Annalisa Vinella, 2017. "From fixed to state-dependent duration in public-private partnerships," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(3), pages 636-660, September.
    3. 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, revised Jan 2015.
    4. Chort, Isabelle & Gubert, Flore & Senne, Jean-Noël, 2012. "Migrant networks as a basis for social control: Remittance incentives among Senegalese in France and Italy," Regional Science and Urban Economics, Elsevier, vol. 42(5), pages 858-874.
    5. David Martimort & Flavio Menezes & Myrna Wooders & DANIEL DANAU & ANNALISA VINELLA, 2015. "Public-Private Contracting under Limited Commitment," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 78-110, February.

    More about this item

    JEL classification:

    • 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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