Introduction -- Cost-benefit analysis of transport projects: Theoretical framework and practical rules -- Cost-benetif analysis of transport investments: An application to high-speed rail investments -- The consequences of pricing policies on investment decisions: An application to high-speed...

After collecting information on 166 high-speed rail (HSR) projects across the world, this paper examines some of the most relevant empirical issues related to the implementation of this transport technology in recent years. We firstly discuss the economic definition of HSR, trying to identify...

This accessible and non-technical introductory text presents the principal methods and key concepts involved in understanding and applying cost-benefit analysis, and demonstrating how to evaluate whether an investment project or policy proposal will contribute to increase social welfare. Gines...

Numerous countries have attempted to improve the performance of their railways by introducing more competition, but there is fierce debate and no consensus on how this is best achieved. This book reveals how railways were an obvious target for reform because they were often losing traffic and...

This book concerns the regulation of transport within a European context, covering air, inland waterways, rail, road passenger and freight, urban public transport, and short sea shipping. All these sectors have experienced substantial changes over the last two decades, in terms of ownership,...

After a brief historical overview of its main achievements, this paper examines some of the most relevant characteristics of the Spanish rail system and its performance in recent years. It particularly focuses on the new organizational model emerging from the 2003 Railroad Law which, after...

Trujillo, Martín, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985–98. Specifically, they look at the effects on GDP per capita, current public...