Airports are an important factor of regional connectivity. Following the literature, a sufficiently dense airport network is an important determinant for growth. However, regional airports in Germany exhibit financial losses and depend on subsidies. This paper analyses the potential spillover...

This paper analyzes whether the expansion of regional airports in Germany caused positive spillover effects on the surrounding economies, exploiting the deregulation of the European aviation market as a quasi-experiment. Such potential spillovers are often used as an argument for the substantial...

Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of...

This paper analyzes whether the expansion of regional airports in Germany caused positive spillover effects on the surrounding economies, exploiting the deregulation of the European aviation market as a quasi-experiment. Such potential spillovers are often used as an argument for the substantial...

Many metropolitan cities in Asia are planning and implementing extensive investment in mass transit networks and thus are now on the threshold of becoming transit cities or car traffic saturation cities. The promotion of transit-oriented development (TOD) policies will be a key to the...

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft...

Greek governments have supported investments to rural areas financially either by covering part of the investment and/or offering advantages with respect to interest rate loans or tax advantages. This support had been tendered either by nationally financed programs, called Development Laws, or...

In den letzten Jahren konnte ein massiver Einbruch bei den kommunalen Investitionen in Ostdeutschland beobachtet werden. Im vorliegenden Beitrag wird gezeigt, dass dieser Einbruch unabhängig von der Wirtschaftskraft der Kommunen stattfand und in engem Zusammenhang mit dem Rückgang der...

We examine effects of urban passenger rail upgrades to Auckland's Western Line, including double tracking, station development, and related urban renewal projects. The results are used to assess anticipated net benefits of the developments. The rail-related upgrades are expected to be completed...

This work analyses the risk allocation between government and concessionaire in the High Speed Train (HST) Project from Rio de Janeiro to São Paulo and Campinas. The concession model proposed by the government to transfer the HST operation to private firms in 2010 was revised in 2012, with the...