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cc-by-nc-nd, (c) Albalate et al., 2007
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/63546

Privatization and Regulation of Toll Motorways in Europe

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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.

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ALBALATE, Daniel, BEL I QUERALT, Germà, FAGEDA, Xavier. Privatization and Regulation of Toll Motorways in Europe. _IREA – Working Papers_. 2007. Vol.  IR07/04. [consulta: 23 de gener de 2026]. ISSN: 2014-1254. [Disponible a: https://hdl.handle.net/2445/63546]

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