Please use this identifier to cite or link to this item:
http://hdl.handle.net/2445/110764
Title: | Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers |
Author: | Albalate, Daniel, 1980- Bel-Piñana, Paula |
Keywords: | Concessions administratives Autopistes Privatització Infraestructures (Transport) Seguretat viària Concessions Express highways Privatization Transportation buildings Traffic safety |
Issue Date: | 2016 |
Publisher: | Taylor and Francis |
Abstract: | This paper evaluates the welfare impact of a tolled motorway contract renegotiation in Spain. The results show that, after renegotiation, both taxpayers and the private concessionaire were better off. However, road users lost out. An agreement leaving road users unaffected, while securing gains for taxpayers and the concessionaire, would have been possible by negotiating a larger reduction in tolls linked to the extension of the contract duration. |
Note: | Versió postprint del document publicat a: https://doi.org/10.1080/09540962.2016.1194084 |
It is part of: | Public Money & Management, 2016, vol. 36, num. 5, p. 365-372 |
URI: | http://hdl.handle.net/2445/110764 |
Related resource: | https://doi.org/10.1080/09540962.2016.1194084 |
ISSN: | 0954-0962 |
Appears in Collections: | Articles publicats en revistes (Econometria, Estadística i Economia Aplicada) |
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648955.pdf | 208.76 kB | Adobe PDF | View/Open |
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