This paper evaluates the main measures that have been used to regulate the interconnection prices in the telecommunication sector. We show that many of the regulations that are applying the vast majority of countries have very little theoretical support, and we identify the restrictions that...

"El principal resultado del estudio muestra que frente al crecimiento del transporte aéreo y su impacto en la economía colombiana, las polí-ticas públicas, especialmente las relacionadas con la infraestructura, no han respondido de manera adecuada para cerrar los cuellos de botella e...

El sistema chileno de concesiones ha sido uno de los fundamentos del desarrollo del país y ha creado una fuerte relación entre el sector público y el sector privado para financiar grandes obras. La reciente crisis financiera destruyó la confianza en las compañías de seguros...

Este trabajo analiza el impacto de las infraestructuras públicas sobre la productividad de las industrias manufactureras en Colombia entre 1990 y 2005, mediante el enfoque basado en la teoría de la dualidad. Concretamente, estudia los efectos que tiene la inversión en capital público sobre...

In road concessions – where the effort of the concessionaire cannot increase the demand for infrastructure – it is better not to allocate risk of demand into the concessionaire. Engel et. al. (1997) introduced variable term concessions in order to mitigate risk of demand allocated to the...

This paper presents a case of public – private partnership in road provision in Uruguay. It is a concession where the concessionaire is public owned with a contract so called of present value of expenditure. This scheme is a good solution in a country where people reject private ownership of...

This paper looks for empirical evidence to show if a very interventionist government stimulates or not private investment in Latin America. Using the same model as Caballero-Urdiales y López-Gallardo (2012), we extend their analysis from five Latin-American countries to all Latin America. The...

The goal of this paper is to evaluate the impact of the innovation promotion programs carried by the National Research and Innovation Agency (ANII). A combination of non-experimental methods was used to quantify the effects of public support to innovation in three dimensions of the firms'...

This paper describes and tries to quantify the effects of some factors that have affected costs of state owned electric utilities in Mexico (energy losses, fuel and labor). It is noted that the impact of the increases in fuel prices on the electric utilities' total cost in the last years has...