Competitive procurement design: Evidence from regional passenger railway services in Germany

Matthias Hunold and Christoph Wolf

No 13-009, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: We study competitive awarding procedures of short haul railway passenger services in Germany from 1995 to 2011 by means of a newly collected data set. In particular, we use regression techniques to investigate the determinants of the number of bidders, the identity of the winning bidder and the subsidy level. We find that there are more bidders when the contract duration is high and the revenue risk low. The dominant operator is more likely to win contracts if it is the incumbent, the network is large, the contract duration is high, when used rolling stock is admitted and when there are few other bidders.

Keywords: competitive tendering; market entry; networks; public procurement; railroads (search for similar items in EconPapers)
JEL-codes: D44 H57 L92 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-tre
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:13009

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