The purpose of this study is to evaluate non-traditional means to raise additional private financing for the upgrade and maintenance of developing countries' road networks. To achieve this goal, it combines an in-depth review of Sub-Saharan Africa (SSA) countries' road funds' (RF) performance...

A number of states have used public-private partnerships (PPPs), usually funded at least partially by tolls, to manage highway or bridge projects. Whether to make more use of PPPs has been the subject of considerable debate. If PPPs are to improve social welfare through their management of...

This paper examines the private provision of road. One could imagine that private road commissions would act as a monopoly, charging prices in excess of competitive levels, restricting access to the roads, and failing to maintain their roads at a competitive standard. To analyze this claim, I...

Trotz weltweit umfangreichen Erfahrungen mit Public Private Partnership Projekten im Straßensektor bleibt der Umgang mit dem Verkehrsmengenrisiko für die Projektbeteiligten eine Herausforderung. Die Arbeit widmet sich daher der wesentlichen Fragestellung nach einer effizienten Allokation...

This paper analysis the welfare changes arising from a road project, undertaken as a public-private partnership, measured as the variation in utility, using a sequentially dynamic general equilibrium model. To circumvent the budget restriction imposed by the central government, the Azorean...

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...

In this study, we examine the impact of the STAR highway located in Batangas province, Philippines, on the public finance of the cities and municipalities through which it directly passes. Specifically, we exploit a unique, disaggregated dataset on tax (property and business taxes) as well as...

This paper studies the efficiency impacts of private toll roads in initially untolled networks. The analysis allows for capacity and toll choice by private operators, and endogenizes entry and therewith the degree of competition, distinguishing and allowing for both parallel and serial...

Private toll roads are now seriously considered as an alternative to public (free-access) road infrastructure. Nevertheless, complete private provision without governmental control is only rarely considered. A main consideration against private roads would be that operators would be primarily...