Do competition and ownership matter? Evidence from local public transport in Europe

Andrea Boitani, Marcella Nicolini and Carlo Scarpa

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Abstract: This paper investigates how the ownership and the selection procedure 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 77 companies operating in large European cities over the period 1997-2006. This allows us to consider firms selected either through competitive tendering or negotiated procedures. Retrieving the residuals we obtain a measure of total factor productivity, which we regress on firm and city characteristics. We find that totally or partially public firms display lower productivity than privately owned firms. Moreover, firms selected through competitive tendering display higher total factor productivity.

Keywords: Social; Sciences; &; Humanities (search for similar items in EconPapers)
Date: 2011-12-22
Note: View the original document on HAL open archive server: https://hal.science/hal-00768582
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Published in Applied Economics, 2011, 45 (11), pp.1419-1434. ⟨10.1080/00036846.2011.617702⟩

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Related works:
Journal Article: Do competition and ownership matter? Evidence from local public transport in Europe (2013)
Working Paper: Do Competition and Ownership Matter? Evidence from Local Public Transport in Europe (2010)
Working Paper: Do Competition and Ownership Matter? Evidence from Local Public Transport in Europe (2010)
Working Paper: Do Competition and Ownership Matter? Evidence from Local Public Transport in Europe (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00768582

DOI: 10.1080/00036846.2011.617702

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