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, Mexico? As more and more attention is paid to the use of tolls as funding mechanisms for new road and infrastructure … examine the relative impact of tolls and concludes that local policymakers have more leeway than they thought in raising funds …
Persistent link: https://www.econbiz.de/10008506928
Budget constraints are forcing many governments to consider implementing tolls as a means for financing bridge and road …
Persistent link: https://www.econbiz.de/10008567650
and the United States, very few examine the potential impacts of both tolls and exchange rates on the various traffic …, variations in the real exchange rate, and changes in real toll tariffs all influence cross border traffic volumes. Tolls on … northbound traffic into the United States are assessed by Mexico. The results also indicate that tolls can provide a reliable …
Persistent link: https://www.econbiz.de/10011110512
Optimism bias is a consistent feature associated with truck toll forecasts, à la Standard & Poor’s and the NCHRP synthesis reports. Given the persistent problem, two major sources of this bias are explored. In particular, the ignorance of operating cost as a demand-side factor and lack of...
Persistent link: https://www.econbiz.de/10005623437
Private participation in the construction and operation of road infrastructure ia a way to deal with tight budget constraints and increasing demand for additional road capacity. Fixed term concessions has been the standard contract between the the public sector and private operators with poor...
Persistent link: https://www.econbiz.de/10005786902
This paper presents a new mechanism for awarding tolled-highways, based on the variable-term concept proposed by Engel et al (1997). These authors claim that a mechanism based on bids for least-present-value of revenue (LPVR) eliminates the risk of demand and simplifies renegotiations. However,...
Persistent link: https://www.econbiz.de/10005835664
Private sector participation in infrastructure projects traditionally financed by governments (roads, airports …
Persistent link: https://www.econbiz.de/10005835762
(national roads and rails, highway, airports concessions) in the field of infrastructure financing. All the actors are trying to …
Persistent link: https://www.econbiz.de/10005837122
, PPP, price cap, etc.), the paper is structured by modes. For each infrastructure type (national roads, highways, railways … implications. National roads and railways are financed by general budget on the basis of a planning activity usually carried by the …
Persistent link: https://www.econbiz.de/10005837154
El objetivo de esta investigación consiste en ofrecer una primera aproximación acerca de la relación entre la disparidad económica regional y la inversión pública en infraestructura de transporte en México. En este sentido, el estudio comparte la perspectiva agregada que predomina en el...
Persistent link: https://www.econbiz.de/10008794659