Privatisation des sociétés d'autoroute et marché aval

We analyze the privatization of highway firms, focusing both on the sale of the shares of these firms and the tenders organized by the highway firms for the maintenance of the highways network. If a public works firm buys shares of a highway firm, tenders become inefficient and the revenue of the highway firm rises. We propose allocation mechanisms for highway firms' shares which raise State's revenue and reduce downstream tenders' efficiency.

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Year of publication:	2008
Authors:	Ettinger, David
Institutions:	Université Paris-Dauphine (Paris IX)
Subject:	privatisation \| sociétés d'autoroutes \| Appel d'offres

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Extent:	application/pdf
Series:	Economics Papers from University Paris Dauphine.
Type of publication:	Book / Working Paper
Notes:	Published in Annales d'Economie et de Statistique, 2008, no. 89. pp. 63-90.Length: 27 pages
Classification:	L33 - Comparison of Public and Private Enterprises; Privatization; Contracting Out ; L24 - Contracting Out; Joint Ventures ; L25 - Firm Size and Performance ; L89 - Industry Studies: Services. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010706868