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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/57686
When supply travels far beyond demand: Institutional and regulatory 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. Based on our analysis, we also discuss policy remedies and suggest reforms in different regulatory areas, which could help improve the performance of Spain’s infrastructure policy.
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ALBALATE, Daniel, BEL I QUERALT, Germà and FAGEDA, Xavier. When supply travels far beyond demand: Institutional and regulatory causes of oversupply in Spain’s transport infrastructure. IREA – Working Papers. 2013. Vol. IR13/012. ISSN 2014-1254. [consulted: 18 of June of 2026]. Available at: https://hdl.handle.net/2445/57686