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IR14-009_Albalate.pdf (631.31 KB)

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Working paper

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2014

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cc-by-nc-nd, (c) Albalate del Sol et al., 2014
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/54662

When supply travels far beyond demand: Causes of oversupply in Spain’s transport infrastructure

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Abstract

Spain’s transport infrastructure policy has become a paradigmatic case of oversupply and of mismatch with demand. The massive expansion of the country’s transport infrastructure over the last decade has not been a response to demand bottlenecks or previously identified needs. For this reason, the intensity of use today on all interurban modes of transport in Spain falls well below that of other EU countries. This paper analyzes the institutional and regulatory factors that have permitted this policy, allowing us to draw lessons from the Spanish case that should help other countries avoid the pitfalls and shortcomings of Spanish policy.

Subject

Política de transports, Infraestructures (Transport), Transport terrestre, Política industrial

Subject (English)

Transportation and state, Transportation buildings, Automotive transportation, Industrial policy

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Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA))

Citation

ALBALATE, Daniel, BEL I QUERALT, Germà and FAGEDA, Xavier. When supply travels far beyond demand: Causes of oversupply in Spain’s transport infrastructure. IREA – Working Papers. 2014. Vol.  IR14/09. ISSN 1136-8365. [consulted: 16 of August of 2026]. Available at: https://hdl.handle.net/2445/54662

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