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Technical Efficiency and Contractual Incentives: the Case of Urban Public Transport in France

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  • William Roy

    () (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper studies the relative performances of contractual arrangements used in the French local public transport industry. Levels of inefficiency are estimated with a production frontier approach. The results confirm the theoretical properties of incentive contracts that lead to better technical efficiency.

Suggested Citation

  • William Roy, 2004. "Technical Efficiency and Contractual Incentives: the Case of Urban Public Transport in France," Post-Print halshs-00095304, HAL.
    • Handle: RePEc:hal:journl:halshs-00095304
    Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00095304
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    References listed on IDEAS

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    1. 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.
    2. Philippe Gagnepain & Marc Ivaldi, 2002. "Incentive Regulatory Policies: The Case of Public Transit Systems in France," RAND Journal of Economics, The RAND Corporation, vol. 33(4), pages 605-629, Winter.
    3. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
    4. Mizutani, Fumitoshi & Urakami, Takuya, 2002. "A private-public comparison of bus service operators," ERSA conference papers ersa02p146, European Regional Science Association.
    5. Luis R. Murillo‐Zamorano, 2004. "Economic Efficiency and Frontier Techniques," Journal of Economic Surveys, Wiley Blackwell, vol. 18(1), pages 33-77, February.
    6. Battese, G E & Coelli, T J, 1995. "A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data," Empirical Economics, Springer, vol. 20(2), pages 325-332.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Contracts; Contractual Incentives; Contractual arrangements; Efficiency; Performance; Urban Public Transport; Public service governance; France;

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