This paper summarizes the evidence on the evolution of transport PPPs over the last 15 years or so. In the process, it provides a primer on the associated policy issues, including of the central role of project finance in the implementation of PPP policies and the debates on risk allocation in...

Our troubled highway system -- How the private sector is reinventing America's freeways -- Where America's 20th-century highway model came from -- The rediscovery of toll road companies overseas -- Toll concessions return to America -- The benefits of long-term P3 concessions -- Critics and...

This paper quantifies the causal effect of capital status on road network integration of U.S.micro/metropolitan statistical areas. Road network integration is defined using a class of measurements that evaluate how well a location is connected to all other locations through the National Highway...