Privatization and regulation of toll motorways in europe
Daniel Albalate (),
Germà Bel () and
No 200704, IREA Working Papers from University of Barcelona, Research Institute of Applied Economics
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.
Keywords: transport infrastructures; roads; privatization; regulation and tolls (search for similar items in EconPapers)
JEL-codes: L33 L43 L92 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2007-03, Revised 2007-03
New Economics Papers: this item is included in nep-pbe and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ira:wpaper:200704
Access Statistics for this paper
More papers in IREA Working Papers from University of Barcelona, Research Institute of Applied Economics Contact information at EDIRC.
Bibliographic data for series maintained by Alicia García ().