| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Do Competition and Ownership Matter? Evidence from Local Public Transport in Europe |
| Andrea Boitani; Marcella Nicolini; Carlo Scarpa
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| 发表日期 | 2010
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| 出处 | Economy and Society
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| 出版年 | 2010
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| 语种 | 英语
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| 摘要 | This paper investigates how the ownership and the procedure for the selection of firms operating in the local public transport sector affect their productivity. In order to compare different institutional regimes, we carry out a comparative analysis of 72 companies operating in large European cities. This allows us to consider firms selected either through competitive tendering or negotiated procedures. The analysis of the data on 77 European firms over the period 1997-2006 indicates that firms operate under constant returns to scale. Retrieving the residuals we obtain a measure of total factor productivity, which we regress on firm and city characteristics. We find that when firms are totally or partially in public hands their productivity is lower. Moreover, firms selected through competitive tendering display higher total factor productivity.
Suggested citation: Andrea Boitani, Marcella Nicolini, Carlo Scarpa, Do competition and ownership matter? Evidence from local public transport in Europe, Applied Economics, Volume 45, Issue 11, 2013, DOI: 10.1080/00036846.2011.617702 |
| 特色分类 | C33;K23;L25;L33;L91
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| 关键词 | Local Public Transport
Public Ownership
Translog Production Function
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/do-competition-and-ownership-matter-evidence-from-local-public-transport-in-europe/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117801
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推荐引用方式
GB/T 7714 |
Andrea Boitani,Marcella Nicolini,Carlo Scarpa. Do Competition and Ownership Matter? Evidence from Local Public Transport in Europe. 2010.
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2010231040134NDL2010-009.pdf
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