El presente Manual de Evaluación Económica de Proyectos de Transporte se ha elaborado a partir de un objetivo general y de nueve principios que se desprenden del análisis económico y de las lecciones aprendidas en la práctica del análisis coste-beneficio (ACB) por agencias nacionales y...

El presente Manual de Evaluación Económica de Proyectos de Transporte se ha elaborado a partir de un objetivo general y de nueve principios que se desprenden del análisis económico y de las lecciones aprendidas en la práctica del análisis coste-beneficio (ACB) por agencias nacionales y...

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...

Private participation in road projects is increasing around the world. The most popular form of franchising is a concession contract, which allows a private firm to charge tolls to road users during a pre-determined period in order to recover investments. Concessionaires are usually selected...

This paper deals with public investment in High Speed Rail (HSR) infrastructure and tries to understand the economic rationale for allocating public money to the construction of new HSR lines. The exam of data on costs and demand shows that the case for investing in HSR requires several...

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...

Transport infrastructure contributes to social welfare when a basic condition is fulfilled: social benefits should exceed social costs. It has been common to see infrastructure with a biased perspective leading to the belief that the more, the bigger and the more advance technologically the...