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procurement mode following a railway reform in Germany to address endogeneity of service growth. Increases in service frequency … behavior shows that the effects of railway services on outcome variables are driven by substitution from road to rail. …
Persistent link: https://www.econbiz.de/10011083939
for the railway network. Its philosophy is one of vertical separation between ownership and operation of the rolling stock …
Persistent link: https://www.econbiz.de/10005792445
This Paper studies the interaction between repeated auctions of rail franchises of different lengths, uncertainty, and incentives for investment in rolling stock, following the privatization of British Rail. Theoretical predictions are tested empirically using a unique panel of data. Theory...
Persistent link: https://www.econbiz.de/10005666623
emissions related to transport are of smaller magnitude, roughly 3% in both periods. In a third exercise, we use linear …
Persistent link: https://www.econbiz.de/10005504371
factors – in terms of transport and information – explain behaviour of different components. Previous analyses should be …
Persistent link: https://www.econbiz.de/10011084541
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
How should a policy-maker prioritize interventions to improve the public infrastructure with which firms operate and … public input character of physical infrastructure and institutions, and uses an O-ring production function to model the … impact of poor quality infrastructure on output. Using survey data from over 72,000 firms in 95 countries, we verify the …
Persistent link: https://www.econbiz.de/10008468531
into joint ventures is especially relevant in the context of infrastructure projects in developing countries, though other …
Persistent link: https://www.econbiz.de/10008468544
The paper analyses governments’ trade-off between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for...
Persistent link: https://www.econbiz.de/10005124293
We use data from over 20,000 firms in 60 countries to identify constraints on the growth of firms. We interpret managers’ answers to survey questions on the extent to which various aspects of their external environment inhibit the performance of their firm as measuring the shadow cost of...
Persistent link: https://www.econbiz.de/10005124336