Im April dieses Jahres überraschte Torsten Albig, Ministerpräsident des Landes Schleswig-Holstein, mit dem Vorschlag, zur Finanzierung der nötigen Infrastruktursanierung eine Sonderabgabe von allen Nutzern zur Wartung und zur Reparatur der Straßen zu verlangen. Ist dieser geplante...

Im April dieses Jahres überraschte Torsten Albig, Ministerpräsident des Landes Schleswig-Holstein, mit dem Vorschlag, zur Finanzierung der nötigen Infrastruktursanierung eine Sonderabgabe von allen Nutzern zur Wartung und zur Reparatur der Straßen zu verlangen. Ist dieser geplante...

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...

Die Verkehrsinfrastruktur in Deutschland ist chronisch unterfinanziert. Das belegen die Berichte zahlreicher Kommissionen zur Verkehrsinfrastrukturfinanzierung. Notwendige Maßnahmen zur Erhaltung, die durch das ständig wachsende Verkehrsaufkommen dringend erforderlich sind, werden nur in...

The author shows with pooled OLS estimations based on transport margins from international social accounting data that investments in improved road infrastructure have the potential to significantly reduce transport costs. However, this result can only be clearly confirmed for industrial...

Lack of adequate infrastructure is a significant inhibitor to increased trade of the countries of the Mediterranean region. Bringing their transport infrastructure to standards comparable with countries of a similar per capita GDP will be costly but worthwhile. We compare the current quantities...

This paper tests the linkage between a binary treatment (rural road improvement project) and a continuous outcome (cotton productivity) in Zambia's agro-based Eastern Province as measured by repeated cross-sections of farm-level data from the Zambian post-harvest survey (PHS). We use this PHS...

This paper investigates the dynamic impacts of rural road improvements on farm productivity and crop choices in Zambia's Eastern Province. There are several channels through which the feeder road improvements impact on farmers. Our aim is to estimate whether the differential outcomes in the five...

The member states of the European Union (EU) and the EU institutions have increasingly been using public-private partnerships (PPPs) to accelerate the development of (ambitious) trans-national infrastructure. This paper argues that in the EU (i) private sector partners remain risk-averse; and...

We show with the aid of pooled OLS estimations that investments in improved road infrastructure have the potential to signi cantly reduce transport costs. However, this result can only be clearly con rmed for industrial countries and is of primary importance for production and transportation of...

In this work we demonstrate the effects of different Chinese transport infrastructure investment strategies on long run marginal costs of steam coal supply in Europe. Increasing Chinese demand for steam coal will lead to a growing need for additional domestic infrastructure in China as...

We set out to decompose government investment, seeking especially to estimate how much governments in Europe invest in infrastructure in general and transport infrastructure in particular. It is concluded that infrastructure accounts for about one-third of overall government investment in the EU...

We study the determinants and productivity effects of regional transportation infrastructure investment in France, Germany, Italy, and Spain. We estimate productivity effects with regional production functions for each country controlling for the potential endogeneity of public infrastructure...

We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a 'death of distance' in industrial location, with increasing concentration...

This paper analyses the role of infrastructure endowment and investment in the genesis of regional growth in the European Union. It assesses the economic effects of the existence and improvement of transport networks in light of their interactions with innovation and local socio-economic...

Wer zwischen 2001 und 2002 in Schiffe investierte - auf dem Höhepunkt der Aktienmarktkrise - der reibt sich jetzt die Hände. Enorme Gewinne sind angefallen. Seit dem Beitritt der Volksrepublik China (im Folgenden stets VRC) zum allgemeinen Freihandelsabkommen der WTO - eben in jenem Jahr 2001...

In this paper we describe the EAR (regional economic accessibility) model to investigate the impact of the improvement of railroad infrastructure on regional GDP, population and firms growth in 99 Austrian regions. We evaluate the impact of four potential railroad infrastructure investment...

In this paper we describe the EAR (regional economic accessibility) model to investigate the impact of the improvement of railroad infrastructure on regional GDP, population and firms growth in 99 Austrian regions. We evaluate the impact of four potential railroad infrastructure investment...

Seit 1994 hat der Gesetzgeber die Möglichkeit geschaffen, Fernstraßen privat zu errichten und gegen eine Mautgebühr zu betreiben. Die bisherigen Erfahrungen sind ernüchternd. Warum ist Betreibermodellen bislang der Durchbruch nicht gelungen? Welche Hemmnisse lassen sich für ein...

This paper analyses the effect of railway investment on land prices and land use in a polycentric city under various regulatory regimes of land markets. The introduction of a faster mode of transport (train), accessible in discrete locations leads to an extended city size. The stations of the...

This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...

"Cost-benefit analysis (CBA) is indispensable for making good decisions on what transport projects to fund. It essentially aims to figure out which projects offer the best value for money. However, the practical relevance of CBA does not always live up to its appeal in principle. One problem is...

Vieles spricht gegenwärtig dafür, dass der Transrapid in Deutschland auf Kurzstrecken gebaut werden dürfte, obwohl konkurrierende Verkehrsinfrastrukturprojekte einen sehr viel höheren volkswirtschaftlichen Nutzen aufweisen. Warum hat der Metrorapid gute Realisierungschancen? Wie kommt es,...

This review considers the role of environmental effects in transport investment appraisal, mainly from the perspective of cost-benefit analysis, the most widely adopted appraisal technique. Although the basic principles of CBA are straightforward, several complications are identified that may...

Against the backdrop of increasing efforts of the German federal and states’ governments to open up additional private financial sources for transport infrastucture construction this paper tries to give a comprehensive overview over transport-related public expenditures and revenues of the...

This discussion paper deals with the reconstruction of transportation and telecommunication infrastructures in Eastern Germany and especially Saxony after the 1990 unification. Following a representation of investment measures and their influence on capital stocks in transportation...

Der europäische Binnenmarkt sowie die politischen und wirtschaftlichen Umwälzungen in Osteuropa und der ehemaligen Sowjetunion werden in den kommenden Jahren voraussichtlich einen entscheidenden Einfluß auf den Güter- und Personenverkehr in Europa haben. Das wiedervereinigte Deutschland ist...