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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
Infraestructures (Transport)
Seguretat viària
Express highways
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:
It is part of: Public Money & Management, 2016, vol. 36, num. 5, p. 365-372
Related resource:
ISSN: 0954-0962
Appears in Collections:Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

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