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Diskussionspapiere 1851 / 2020

Cost Efficiency and Endogenous Regulatory Choices: Evidence from the Transport Industry in France

We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French transport industry. The distinctive feature of the study is that it considers regulatory regimes as endogenously determined choices, explained by economic, political, and institutional variables. Our approach leans on a positive analysis to study the

2020| Joanna Piechucka
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