In this paper we critically assess some economic principles underlying the European transport policy in recent years. In particular, our analysis focuses on three main ideas. The first one is the promising role played by the vertical unbundling of transport infrastructures and services as a key...

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...

The future of interurban public transport will be significantly affected by public sector decisions concerning investment in infrastructure, particularly the construction of new high-speed rail lines in medium-distance corridors where cars, buses, airplanes and conventional trains are the...

The future of interurban public transport will be significantly affected by public sector decisions concerning investment in infrastructure, particularly the construction of new high-speed rail lines in medium-distance corridors where cars, buses, airplanes and conventional trains are the...

This paper deals with public investment in High-Speed Rail (HSR) infrastructure and tries to understand the economic rationale for allocating public money to the construction of new HSR lines. The examination of data on costs and demand shows that the case for investing in HSR requires several...

Transport infrastructure contributes to social welfare when a basic condition is fulfilled: social benefits should exceed social costs. It has been common to see infrastructure with a biased perspective leading to the belief that the more, the bigger and the more advance technologically the...