When Utility Aggregations Fail to Deliver Cost Savings

NIQ

March 2020 In: Network Industries Quarterly — Michael Klien. Abstract: There is growing evidence that utility aggregations do not necessarily lead to cost savings. In this paper I use a global database of utilities to document how aggregations change utilities with respect to network density and cost structure. I argue that aggregations typically do not…

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Are public private partnerships that rigid? And why? Evidence from price provisions in French toll road concession contracts

Mai 2018 Laure Athias et Stéphane Saussier – Transportation Research Part A Abstract : Transport concession contracts are commonly said to be standardized and too rigid. They would not allow public authorities to adapt them to evolving context and circumstances. This paper aims at challenging this view and, more particularly, the view that contractual rigidity for transport concessions is exogenous. Using a…

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Productivity change and its drivers for the Chilean water companies: A comparison of full private and concessionary companies

Mai 2018 María Molinos-Senante, Simon Porcher, et Alexandros Maziotis – Journal of Cleaner Production Abstract: The privatization of the water industry has aroused interest in comparing the performance of public vs. private water companies. However, little research has been conducted to compare the performances of full private (FPWCs) and concessionary water companies (CWCs). 

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The Economics of Public-Private Partnerships: Theoretical and Empirical Developments

Janvier 2018 Julie de Brux and Stéphane Saussier (Eds.), Springer Abstract: This book investigates the economic decisions behind the implementation of public-private partnerships (PPPs). The first part of the book discusses different forms of public procurement contracts, in particular in France and the UK, and provides an economic analysis of the potential advantages and pitfalls of public-private…

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PPP in Europe for building and managing public infrastructures: An economic perspective

Janvier 2018 Elisabetta Iossa and Stéphane Saussier, Annals of Public and Cooperative Economics Abstract: Public–private partnerships (PPPs) are long-term contractual agreements between the public and private sector for the provision of public infrastructures and services. Due to tighter budget constraints and to a renewed interest in greater involvement of the private sector in the provision of…

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Social and nonlinear tariffs on drinking water: Cui bono ?

Décembre 2017 Alexandre Mayol, Revue d’Economie Politique Abstract: This empirical study discusses both the incentive and redistributive effects of nonlinear tariffs on the drinking water of developed countries. Using an original panel database based on a natural experience with drinking water in France, we econometrically explore the impact of tariffs changes on consumption (linear versus nonlinear). 

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Public-Private Partnerships: the Swiss Specificity

Numéro : 2017-9 Laure Athias, Macina Moudo et Pascal Wicht – Public-Private Partnerships: the Swiss Specificity Résumé: Since the first implementation of the Private Finance Initiative in the United Kingdom in 1992, the last decades have seen a spectacular development of public-private partnerships (designated as PPPs hereafter) in many (developed as well as developing) countries,…

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Trading service quality for safety: a cautionary tale from the French ‘Robien law’ on elevator safety

29 novembre 2017 Lisa Chever et Michael Klien, Journal of Regulatory Economics Abstract: To deal with elevator accidents the French ‘Robien law’ mandated safety upgrades for ‘old’ elevators. Available statistics suggest that the law reduced fatal accidents but also coincides with an unprecedented deterioration in service quality, multiplying breakdowns and downtime. We exploit a unique data…

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La prise en compte par le droit des contraintes de financement des marchés de partenariats : Concilier flexibilité et maîtrise des engagements

Numéro : 2017-8  Frédéric Marty – La prise en compte par le droit des contraintes de financement des marchés de partenariats : Concilier flexibilité et maîtrise des engagements Résumé: Le recours aux marchés de partenariat peut répondre à deux motivations distinctes. La première peut tenir à un préfinancement privé des investissements publics, la seconde à…

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