After a brief historical overview of its main achievements, this paper examines some of the most relevant characteristics of the Spanish rail system and its performance in recent years. It particularly focuses on the new organizational model emerging from the 2003 Railroad Law which, after...

This paper revises the underlining principles of the European transport policy and analizes how these principle have been translated into policy in the recent past. The analysis is based in three ideas: the vertical integration/unbundling of infrastructure and services as a mechanism which...

High Speed Railways (HSR) is currently regarded as one of the most significant technological breakthroughs in passenger transportation developed in the second half of the 20th century. At the beginning of 2008 there were about 10,000 kilometres of new high speed lines in operation around the...

When major investors own shares in several firms in the same industry, the traditional approach to concentration measurement by the Hirschman--Herfindahl Index (HHI) fails to accurately reflect the level of competition in the market. To address this problem we derive a generalized HHI formula...

Trujillo, Martín, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985–98. Specifically, they look at the effects on GDP per capita, current public...

The authors provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current public expenditures, public...

Trujillo, Martiacute;n, Estache, and Campos provide empirical evidence on the impact that private participation in infrastructure has had on key macroeconomic variables in a sample of 21 Latin American countries from 1985-98. Specifically, they look at the effects on GDP per capita, current...