With a theoretical model we analyze the social and environmental effects of airline and HST integration in two different scenarios: airports with capacity constraints and airports with low airline competition. The merits of this theoretical model are twofold. First, the model allows us to...

The emission trading system (ETS) is being applied worldwide in different economic sectors as an environmental regulatory tool to induce reductions of CO2 emissions. In Europe the system has been applied since 2005 to energy intensive installations and, since January the 1st 2012, to airlines...

Emission trading systems (ETS) are being applied worldwide and in different economic sectors as an environmental regulatory tool that induces reductions of CO2 emissions. In Europe such a system is in place since 2005 for energy intensive installations and, since 1st January 2012, for airlines...

This paper compares electricity market reforms in the European Union with reforms in Chile and Brazil. The paradigm of competitive market structures for the electricity sector, as developed in the economics literature, is outlined: competitive markets in generation and retailing and an...

Abstract This paper revises some of the common views on transport infrastructure investment and proposes alternative ways to achieve a more efficient planning, evaluation and financing of transport infrastructures in a world where planners may pursue their own interests, there exist different...

This paper considers the existence of a given transport infrastructure and analyzes the optimal conditions for investing in a complementary or rival new infrastructure. The model allows us to identify some key variables to be considered in cost–benefit analysis and highlights the importance of...

Los beneficios de la competencia en el sector aeroportuario son múltiples. Por un lado, una mayor competencia puede generar menores costes de operación, mejores niveles de eficiencia en el servicio, así como una mejor especialización y adaptación a las necesidades idiosincráticas de los...

Air transport provides essential services in modern economies, though it produces significant negative external effects on the environment. Air quality, greenhouse gas emissions and noise are the main issues. The current environmental regulatory practice in air transport usually devises policy...

Public infrastructure investment is usually co-financed by supranational organizations. The selection of projects is supposed to be decided using the information provided by conventional cost-benefit analysis. Nevertheless, we show that the type of institutional design regarding the financing...