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The road safety literature is typified by a high degree of compartmentalization between studies that focus on infrastructure and traffic conditions and those devoted to the evaluation of public policies and regulations. As a result, few studies adopt a unified empirical framework in their...
Persistent link: https://www.econbiz.de/10011616550
This paper implements both stochastic production and cost frontier analyses to estimate the efficiency of toll motorway companies in Spain, the country with the largest number of private concessionaires in this economic sector. Our dataset includes 32 concessionaires with different features for...
Persistent link: https://www.econbiz.de/10012981225
The efficiency-equity dilemma, in conjunction with political partisan interests, has received increasing attention in attempts to explain the territorial allocation of investment. However, centralization policies that seek to introduce or reinforce the hierarchization of the political system...
Persistent link: https://www.econbiz.de/10013126887
We empirically examine the relationship between traffic congestion and deaths in road accidents at the city level. We use panel data from 129 large cities in Europe for the period 2008-2017. We find strong evidence of a quadratic relationship between congestion and deaths in accidents, using...
Persistent link: https://www.econbiz.de/10014097714