Privatisation des sociétés d'autoroute et marché aval
Ettinger, David (2008), Privatisation des sociétés d'autoroute et marché aval, Annales d'Economie et de Statistique, 89, p. 63-90
Type
Article accepté pour publication ou publiéDate
2008Journal name
Annales d'Economie et de StatistiqueNumber
89Publisher
INSEE - Institut national de la statistique et des études économiques
Pages
63-90
Metadata
Show full item recordAbstract (EN)
We analyze the privatization of highway firms, focusing both on the sale of the shares of these firms and the tenders organized by the highway firms for the maintenance of the highways network. If a public works firm buys shares of a highway firm, tenders become inefficient and the revenue of the highway firm rises. We propose allocation mechanisms for highway firms' shares which raise State's revenue and reduce downstream tenders' efficiency.Subjects / Keywords
auctions; privatizations; downstream interactionsRelated items
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