Private Participation and Economic Regulation of Airports in Latin America

Victor Valdes () and Tolga Ülkü
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Victor Valdes: Universidad Anáhuac México
Tolga Ülkü: IU International University of Applied Sciences

Chapter Chapter 18 in Economic Regulation of Urban and Regional Airports, 2023, pp 423-441 from Springer

Abstract: Abstract This article overviews the state of private participation and economic regulation of 118 airports in 6 major countries in Latin America. It was found that concession contracts, regional companies, system of airports and revenue-sharing clauses with the government are common features among airports. Under the body of rules needed to enforce regulation, regulatory agencies exhibit low levels of governance and weak economic regulation. Rate of return regulation is more common than price cap regulation as the type of economic regulation at airports under study. Alternatives to existing type of regulations and their pros and cons are discussed.

Keywords: Private participation; Economic regulation; Airports; Latin America; Privatization; PPPs; Airport systems; Revenue-sharing; Rate of return regulation; Price cap regulation; Negotiate-arbitrate regulation (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-031-20341-1_18

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DOI: 10.1007/978-3-031-20341-1_18

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