Infrastructure assets have undergone substantial privatization around the world in recent decades. How do these assets perform post-privatization? This paper examines global airports. Our central finding is that the type of ownership matters: Volume, efficiency, and quality improve substantially...

Infrastructure assets have undergone substantial privatization in recent decades. How do different types of owners target and manage these assets? And does the contract form--control rights (concession) vs. outright ownership (sale)--matter? We explore these questions in the context of global...

The aim of this study is twofold. First, it aims to put forward new information concerning the technical characteristics of State Road Transport Undertakings (henceforth, STUs) on the basis of a sample of medium and large-size Indian states. Second, it aims to analyze the level of productive...

Although there exist the conditions and reasons to let Pemex become a trully state owned, commercialy oriented, oil company, in reality Pemex does not behave as such, due to the limitations posed by its legal framework. Such legal framework poses severe limitations to Pemex’s capacity in...

Although there exist the conditions and reasons to let Pemex become a trully state owned, commercialy oriented, oil company, in reality Pemex does not behave as such, due to the limitations posed by its legal framework. Such legal framework poses severe limitations to Pemex’s capacity in...

The aim of the article is to present how Public Private Partnership (PPP), a new collaboration between public and private sector, is implemented and is developed, in three European countries (Romania, France and United Kingdom). Although PPP is considered to be an important instrument for...

To tackle the financial and economic crisis, the EU and its Member States are trying to stimulate investment in infrastructure projects as an important mean to maintain economic activity during the crisis and support the return to economic growth. Public Private Partnership (PPP) is a proven...

What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the...

This paper evaluates the effect of high-speed rail (THSR) on the land prices of targeted regions (THSR regions) in Taipei,China using prefectural-level data from 1993 to 2017. The construction of THSR started in 2000 and was finished in 2006. The THSR line to Zuoying (Kaohsiung City) first...

This paper investigates the trade effects of transportation infrastructure reforms funded by the Asian Development Bank (ADB) in the Central Asia Regional Economic Cooperation (CAREC) program. To do this, we applied a combination of geographic information systems (GIS), econometric, and...