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Public-private partnerships (PPPs) can appeal to governments because they offer a new way of providing public services that is possibly more efficient than traditional public finance. But they can also appeal to governments because they allow new investments to be undertaken without any...
Persistent link: https://www.econbiz.de/10010903594
The International Transport Forum at the OECD has collected data on various taxes and charges levied on road haulage since 1998. The existing International Transport Forum database presents these results for selected years between 1998 and 2008. These data allow for comparison of road freight...
Persistent link: https://www.econbiz.de/10010903595
This paper lays out a framework for managing complex asset systems, such as road networks, with a view to optimising life-cycle value of the asset base. It is based on discussions at the International transport Forum Roundtable on Sustainable Road Funding held in Paris 25-26 October 20121 and...
Persistent link: https://www.econbiz.de/10010903596
Railway efficiency is a topic of interest worldwide for railway managers operating in competitive markets and for fiscally strained governments. Several recent studies indicate that European railways differ in terms of their efficiency. Based on a comparison with some major non-European railway...
Persistent link: https://www.econbiz.de/10010903597
India’s road network of over 4.1 million km is second largest in the world consisting of expressways, national highways, state highways, major district roads and other roads. These roads carry about 65 per cent of freight and 80 per cent of passenger traffic. National highways constitute only...
Persistent link: https://www.econbiz.de/10010903598
In 1993, the British government turned to the private sector to finance much needed investment in public infrastructure and manage services under its Public Private Partnerships (PPP) policy (Edwards et al., 2004), with transport forming by far the largest component by value of the PPP programme...
Persistent link: https://www.econbiz.de/10010903599
Many major airports are hubs for network carriers at the same time as serving a large local market. The complementarity between these functions is often seen as a prerequisite for viable hub operations, suggesting that spreading the hub network over multiple airports can be very costly and...
Persistent link: https://www.econbiz.de/10010903600
It is widely held that large institutional investors such as pension funds and sovereign wealth funds with long term liabilities and a low risk appetite are ideally suited to invest in transportation infrastructure assets. Despite the theoretical ideal match between a large source of capital and...
Persistent link: https://www.econbiz.de/10010833052
This paper is intended to serve three purposes. First, it presents a slightly abbreviated version of the summary of the book published by Regional Plan Association (RPA) in January 2011 about the serious capacity and delay problems at the three major airports in New York and what might be done...
Persistent link: https://www.econbiz.de/10010833053
We propose a series of kick-off points related to the economic appraisal of large urban infrastructure projects, taking some account of the specifics raised by the Grand Paris Express (GPE) regional automatic metro. The points, in the form of Maintained Hypotheses or Questions in Need of...
Persistent link: https://www.econbiz.de/10010833054