Lessons learned from Chile's highly successful experience in introducing private capital into the transport infrastructure sector. - To increase investment in infrastructure, in the early 1990s Chile's government introduced private capital into the transport infrastructure sector, covering roads...

Subsidy policies on public urban transport have been adopted ubiquitously. In both developed and developing countries, subsidies are implemented to make transport more affordable. Despite their widespread implementation, there are virtually no quantitative assessments of their distributional...

This paper reviews the incentive structure of concession contracts in several Latin American transit reforms. It also presents a conceptual analysis of the optimal design of concession contracts. The conceptual discussion and case studies reviewed indicate that payment to operators should be...

<italic>This paper provides a unifying framework to analyze whether a monopoly transit provider will under or over-supply frequency. To this end we couch the problem in term of Spence [(1975). Monopoly, quality and regulation.</italic> The Bell Journal of Economics, 6, <italic>417-429] who analyzed the incentives to...</italic>

Chile increased boarding charges for international flights to finance campaigns for promoting the country as a tourist destination and to support a ‘Fight Against Poverty’ fund. We present a comparative review of airport charges in various countries around the world using a...

There has been a surge of interest recently on the relation between poverty and transport policies. When analysing the relation between poverty and transport, concern often centres on the affordability of public transport. In this paper we present two alternative definitions of affordability...