Revues et Ouvrages

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…

Lire la suite

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…

Lire la suite

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). 

Lire la suite

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…

Lire la suite

Risk minimisation: the failure of electricity intra-day forward contracts

Septembre 2017 Raphaël Homayoun Boroumand, Stéphane Goutte, Simon Porcher, et Thomas Porcher, International Journal of Global Energy Issues Abstract: As market intermediaries, electricity retailers purchase electricity from the wholesale market or self-generate to ‘deliver’ to their customers. However, electricity retailers are uncertain about how much electricity their residential customers will use at any moment of the day…

Lire la suite

Impact of regulation on English and Welsh water-only companies: an input-distance function approach

Juin 2017 María Molinos-Senante, Simon Porcher, et Alexandros Maziotis – Environmental Science and Pollution Research Abstract: The assessment of productivity change over time and its drivers is of great significance for water companies and regulators when setting urban water tariffs. This issue is even more relevant in privatized water industries, such as those in England and Wales, where the price-cap regulation…

Lire la suite

The welfare costs of non-marginal water pricing: evidence from the water only companies in England and Wales

Mai 2017 Simon Porcher, Alexandros Maziotis, et Maria Molinos-Senante, Urban Water Journal Abstract: The evaluation of the economic efficiency of regulatory schemes is essential for regulators and utilities. In this study it is analysed for the first time the welfare costs of non-marginal cost pricing in the water supply in England and Wales, by computing the deadweight…

Lire la suite

Analyse économique des clauses environnementales dans la commande publique : Le pire instrument à l’exception de tous les autres ?

25 janvier 2017  Frédéric Marty, Droit de l’environnement Abstract : La première recommandation du rapport du Conseil d’analyse économique rédigé par Stéphane Saussier et Jean Tirole, publié au printemps 2015 était de ramener les finalités de la commande publique à un seul et unique objectif celui de l’efficacité économique. Cette recommandation a pu sembler s’inscrire à…

Lire la suite

Jumps and volatility dynamics in agricultural commodity spot prices

5 janvier 2017 Raphaël Homayoun Boroumand, Stéphane Goutte, Simon Porcher, and Thomas Porcher, Applied Economics Abstract : The spot commodities market exhibits both extreme volatility and price spikes, which lead to heavy-tailed distributions of price change and autocorrelation. This article uses various Lévy jump models to capture these features in a panel of agricultural commodities observed…

Lire la suite