Yardstick Competition for Transport Infrastructure Services
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?
|Date of creation:||2006|
|Date of revision:|
|Publication status:||Published in 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. OECD = OCDE, pp. 63-108 (English language) - pp. 67-115 (version française), 2006|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00092671|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
References listed on IDEAS
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- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
- 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.
- Bivand, Roger & Szymanski, Stefan, 1997. "Spatial dependence through local yardstick competition:: theory and testing," Economics Letters, Elsevier, vol. 55(2), pages 257-265, August.
- Emmanuelle Auriol, 2000. "Concurrence par comparaison. Un point de vue normatif," Revue Économique, Programme National Persée, vol. 51(3), pages 621-634.
- 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.
- Dag Morten Dalen, 1998. "Yardstick Competition and Investment Incentives," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 7(1), pages 105-126, 03.
- 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.
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