This article analyzes the efficiency impacts of PPP-projects in the highway sector. The economic analysis concludes that the PPP-approach should primarily be considered as an alternative procurement strategy. PPP can be suitable for the new built, extension and renewal of certain highway...

<title>Abstract</title> US airports negotiate legally binding contracts with airlines and finance large investment projects with revenue bonds. Applying insights from transaction cost economics, we argue that the observed variation in contractual and financing arrangements at US airports corresponds to the...

This paper analyses the role of public-private partnerships (PPPs) for infrastructure development in the new EU member states and candidate countries in Central and Eastern Europe. We survey projects in transport, water, energy, and telecommunications sectors and then focus on the highway...

This article analyses the reform process in the European and the German natural gas sector. Competition in the industry and intra-European trade have been underdeveloped thus far. We argue that the European gas pipelines are a monopolistic bottleneck that require some form of access regulation,...

This paper analyzes the risk allocation in concession models for German highways, according to the "F-Model" and the "A-Model". We first assess the deficits of traditional construction and management of highways in Germany and present the two concession models. Next, theoretical backgrounds and...

With airport privatization and infrastructure expansion projects taking place in the liberalized European air transport market, airport and airline companies are critically reevaluating their vertical governance structures. This paper analyzes the comparative efficiency of vertical governance...

This paper focuses on classifying market access for long-distance passenger rail services in Europe into three main models and discusses the advantages and disadvantages of each of these models. The “Tendered Concessions” model aims to introduce competition for the market by which operators...

In diesem Beitrag werden auf Basis theoretischer Überlegungen Empfehlungen zur effizienten Allokation des Verkehrsmengenrisikos abgeleitet und auf Betreibermodelle für Bundesfernstraßen nach dem so genannten A-Modell angewandt. Es wird festgestellt, dass grundsätzlich eine Teilung des...

This paper analyzes the high-end range of traffic information systems for individual motorized traffic and for public transport. High value-added traffic services are characterized by dynamic, personalized information, including suggestions for alternative routing; they are supplied on a...