Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...

Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...

Die Gebietskörperschaften in Deutschland sind zunehmend bestrebt, private Finanzierungsmodelle für den Bau und den Betrieb von Einrichtungen der Verkehrsinfrastruktur zu realisieren. Vor diesem Hintergrund wird versucht, mittels einer detaillierten Auswertung der Haushaltspläne des Bundes und...

The risk of infrastructure investments is driven by unique factors that cannot be well described by standard asset class factor models. We thus create a nine-factor model based on infrastructure-specific risk exposure, i.e., market risk, size, value, momentum, cashflow volatility, leverage,...

The study of the state of infrastructure in Meghalaya clearly reflects the poor status of the economic infrastructure. While the infrastructure of the states in the northeast, is generally poor compared to the rest of the country, that of Meghalaya is much worse compared to some of its...

Based on an idiosyncratic reading of the literature I propose intermediate (rather than tight or soft) regulation for balancing investment incentives with allocative efficiency and competition objectives. Intermediate regulation is compatible with incentive regulation and helps lengthening the...

Investment in network infrastructure – the energy, water, transport and telecommunication networks – which performs a vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always better. While the paper shows that investment in...

A comprehensive roll-out of public charging infrastructure will be costly. However, its impact on the diffusion of electric vehicles (EVs) is not clear at all. Our study aims at estimating the extent to which an increasing availability of public charging infrastructure promotes consumers’...

Transportation infrastructure is vital for the smooth functioning of international trade. Ports are a crucial gateway to this system: with more than 80% of trade carried by ships, they shape trade costs, and it is critical that they operate efficiently. Yet ports are susceptible to disruptions,...

There has been a significant increase in project financing in the public sector in Europe in the past decade, benefiting the implementation of infrastructure projects. In Italy, project financing is still much more limited than in such countries as Spain and the UK: the projects funded are...