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In road concessions – where the effort of the concessionaire cannot increase the demand for infrastructure – it is better not to allocate risk of demand into the concessionaire. Engel et. al. (1997) introduced variable term concessions in order to mitigate risk of demand allocated to the...
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private financing of the investment and ensures the stability of the expenditure in maintenance of the roads. The concession …
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Muchos estudios han evaluado los beneficios de los caminos rurales concentrándose en la reducción de costos monetarios y de tiempo en que los pobladores incurren para acceder a mercados de bienes e insumos o a servicios públicos clave. Esta investigación complementa dicho enfoque con una...
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point in this study is the concept of cost per point of scale. Once calculated, forecasts till 2050 have been estimated …
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