The article introduces a design process for policy packaging, combining a heuristic approach with a real world example of European policymaking. The policy packaging process is divided into six stages, starting with (1) the definition of goals and objectives, (2) the creation of an inventory of...

Transport policy is formulated and implemented at different levels in the EU. In practice it is not easy to separate the spatial dimensions of decisions, with serious implications for project appraisal and consistency. This problem is seen in border regions where the balance between local,...

This article investigates a dynamic general equilibrium model with a stockout constraint, which means that no seller can sell more than the inventories that she has. The model successfully explains two inventory facts; (i) inventory investment is procyclical, and (ii) production is more volatile...

Public-Private Partnerships have become a favoured way of introducing private capital into transport projects whilst maintaining an element of public interest. This paper considers the potential conflicts that might arise between the freedom of the private operator within a PPP and other...