Showing 1 - 10 of 234
correlation of the data or correlation with information omitted from the model. PMD provides an overall specification chi …
Persistent link: https://www.econbiz.de/10010274335
Many governments subsidize regional rail service as an alternative to road traffic. This paper assesses whether increases in service frequency reduce road traffic externalities. We exploit differences in service frequency growth by procurement mode following a railway reform in Germany to...
Persistent link: https://www.econbiz.de/10010316912
theoretical model assuming, first, that the amounts given is private information, only known to the donor and the donee, while the … amounts bequeathed is public information. Second, we assume that parents care about the reputation that their bequest behavior …
Persistent link: https://www.econbiz.de/10010321811
Public agencies mainly rely on two modes to procure goods and services: auctions and direct negotiations. We study a 1994 policy change in Germany that introduced the possibility to procure rail services in auctions as well as in direct negotiations with the incumbent. We analyze the effect of...
Persistent link: https://www.econbiz.de/10011420574
This paper uses a static, small open-economy computable General Equilibrium (CGE) model of the Swedish economy to study the effects of consistent internalization of external effects from transport and manufacturing. We look at eight policy scenarios: first a fully implemented Social Marginal...
Persistent link: https://www.econbiz.de/10012654379
In Germany, competitive franchising is increasingly being used to procure passenger railway services that were previously provided by a state monopolist. This paper analyzes 77 tenders that differ with respect to network size, service frequency, contract duration and the proximity to other lines...
Persistent link: https://www.econbiz.de/10010315481
This paper studies the effects of introducing competition for local passenger railway markets in the German state of Baden-Württemberg. We compare the evolution of the frequency of service on lines that were exposed to competition for the market with lines procured by direct negotiations with...
Persistent link: https://www.econbiz.de/10010315593
procurement, quantity and price simultaneously. We then test this framework using information on lines that were auctioned and …
Persistent link: https://www.econbiz.de/10010316858
In a travel mode choice context, we use survey data to construct and test the significance of five individual specific latent variables - environmental preferences, safety, comfort, convenience and flexibility - postulated to be important for modal choice. Whereas the construction of the safety...
Persistent link: https://www.econbiz.de/10010321530
In this paper we use mixed logit specifications to allow parameters to vary in the population when estimating the value of time for long-distance car travel. Our main conclusion is that the estimated value of time is very sensitive to how the model is specified: we find that it is significantly...
Persistent link: https://www.econbiz.de/10010321716