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Title: Privatization and Regulation of Toll Motorways in Europe
Author: Albalate, Daniel, 1980-
Bel i Queralt, Germà, 1963-
Fageda, Xavier, 1975-
Keywords: Autopistes
Política de transports
Infraestructures (Transport)
Control de gestió
Express highways
Transportation and state
Transportation buildings
Management audit
Issue Date: 2007
Publisher: Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Series/Report no: [WP E-IR07/04]
Abstract: The private sector plays an increasing and relevant role in highway funding and management. For that reason, the regulation designed and enforced by public authorities becomes even more important for the social welfare results generated by this process. In this study, we analyze the current trends in highway funding and management paying special attention on the recent process of privatization and its motivations. Since public ownership and regulation are substitutes for government intervention, we check the hypothesis that highways privatization induces more strict regulation. Indeed, we observe that as the private sector increases its size, toll regulation becomes more detailed.
It is part of: IREA – Working Papers, 2007, IR07/04
ISSN: 2014-1254
Appears in Collections:Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))

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