In theory, PPPs offer many advantages albeit with very limited solid empirical evidence, while issues regarding the misuse of PPPs for public accounting purposes still loom. The procurement of infrastructure through a PPP may be more expensive foremost because of two factors: the private sector...

Random utility maximisation is the pre-eminent behavioural theory used to model choices. An alternative paradigm, however, is random regret minimisation. While the majority of the literature examines the choices of individuals, this paper compares the choices of groups, as well as individuals,...

A number of static and dynamic specifications of a log-linear demand function for public transport are estimated using aggregate panel data for twenty-two Indian states over the period 1990 to 2001. In all cases, transit demand is significant and inelastic with respect to the fare. Service...

We study factors affecting the choice of projects to be included in the National Transport Infrastructure Plan for 2010-21 in Sweden, controlling for the CBA results. The centre-right government tended to favour counties that voted for it, and favour rail investments over road. We find no...

This paper explores the position of the coach on the German transport market with particular reference to the formal arrangements that apply to the industry. This note is provided following recent calls to review the regulatory framework which until now has largely prohibited the development of...

The purpose of this paper is to describe Sweden's recent reforms to open the railway passenger markets to entry, and to address how the reforms have handled four critical issues for the success of the reforms: the allocation of infrastructure capacity; the provision of maintenance and terminal...

This policy note aims to evaluate the effects of the traffic distribution rules introduced in the Milan airport system in 2000, whose objective was to steer traffic from Linate to Malpensa. However, Linate continued operating to the major European destinations, overlapping with the Malpensa...

Theoretical standard models and regulatory actions often ignore that firms are competing with other firms in related markets. In these contexts, cross-price relationships should be taken into account. The usual instinct with multiproduct firms would be to use Ramsey prices to find optimal...

We use an economy-wide model to estimate the impact of a representative climate policy on fuel prices and economic activity, and a partial equilibrium model of the aviation industry to estimate changes in aviation carbon dioxide emissions and operations. Between 2012 and 2050, with reference...

This paper studies the market conduct of the three busiest routes dominated by the three largest airlines in China. The competition strategies of the three largest Chinese carriers are found to be different from each other. In general, the market behaviour of Air China is consistent with that...