Infrastructures have been traditionally built, maintained and operated by the public sector. Road and railway networks, energy, electricity and water were traditionally designed in public sector headquarters in many countries until the eighties. Since then, and due to fiscal crisis and public...

Private participation in the construction and operation of road infrastructure ia a way to deal with tight budget constraints and increasing demand for additional road capacity. Fixed term concessions has been the standard contract between the the public sector and private operators with poor...

This paper revises the underlining principles of the European transport policy and analizes how these principle have been translated into policy in the recent past. The analysis is based in three ideas: the vertical integration/unbundling of infrastructure and services as a mechanism which...

Public transport (urban and intercity) is organized in Spain both through concession contracts and public ownership. The regulator fixes prices and level of services,as well as the level of subsidy. This paper examines the regulated system in the Spanish bus industry in the last decades.

Private sector participation in infrastructure projects traditionally financed by governments (roads, airports, seaports) is increasing around the world. This paper describes how a toll road concession works. It discusses how the usual mechanism, based on a concession contract with a...

Public investment in high speed infrastructure is a priority of the Spanish government. High speed is a technological breakthrough in transport but, from an economic point of view, the question is whether is socially worthy to allocate public funds to this transport option. The answer requires a...

Desde 1990 la Administración General del Estado ha venido financiando el transporte urbano y metropolitano a través de diversos Contratos-Programas y Convenios de Financiación de Infraestructuras Ferroviarias. El objetivo de este trabajo es analizar los efectos que las distintas formas de...

Las infraestructuras tienen características que complican su provisión directa en el mercado, haciendo necesaria una implicación directa del sector público en su construcción y funcionamiento, e indirecta, mediante contratos de participación público-privada. Su mitificación social ha...

En la decada de los noventa hemos asistido a un incremento espectacular de la liberalizacion de las politicas de transporte. Lamentablemente, la transicion del gobierno hacia su nuevo papel esta siendo mas complicada de lo previsto, requiriendo ajustes con el fin de garantizar que se obtengan...