We use the Vickrey–Clarke–Groves auction mechanism to propose a system of primary auctions of slots at congested European airports. The system would ensure allocative efficiency and would be incentive-compatible, flexible, understandable, implementable and transparent. Only 10% of slots...

Without questioning the fact that to achieve efficiency emitters should pay for the true costs of their actions (a core principle of economic policies such as pollution taxes), we find sufficient evidence in the literature to demonstrate that many other policy instruments can be used in...

Road transport imposes negative externalities on society. These externalities include environmental and road damage, accidents, congestion, and oil dependence. The cost of these externalities to society is in general not reflected in the current market prices in the road transport sector. An...

This paper presents an econometric analysis that compares the performance of different measures of distance in a gravity model using state data for Mexico. The estimation shows that at this geographic scale, the definition of distance does not affect the explanatory power of the model...

This paper investigates the effects of road infrastructure on industrial activity in Mexico from a quantitative perspective. It addresses three main issues. First, it investigates the existence of a relationship between road infrastructure and the industrial average product of labour. Second, it...

This paper describes a benchmark methodology for building a GIS model of the National Road Network in Mexico. A model of the road network is useful because it can help to calculate the shortest route between any two locations linked to the road system. The model estimates an average speed for...