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The aim of this paper is to analyze the effects of intermunicipal cooperation and privatization on the delivery costs …
Persistent link: https://www.econbiz.de/10004971434
Recent theoretical developments on concession contracts for long term infrastructure projects under uncertain demand show the benefits of allowing for flexible term contracts rather than fixing a rigid term. This study presents a simulation to compare both alternatives by using real data from...
Persistent link: https://www.econbiz.de/10004977302
faces a consolidation problem, opting more frequently to implement policies of privatization and cooperation, at the expense … privatization and cooperation, and more to competition. The two options - cooperation and competition - have their merits when …
Persistent link: https://www.econbiz.de/10005059600
the recent process of privatization and its motivations. Since public ownership and regulation are substitutes for … government intervention, we check the hypothesis that highways privatization induces more strict regulation. Indeed, we observe …
Persistent link: https://www.econbiz.de/10005059616