En los últimos años, tanto en la Unión Europea como en España, se ha procedido a descentralizar algunos aspectos relevantes de la política de defensa de la competencia. El objetivo de este trabajo es analizar la interacción entre información y riesgo de captura asociada a esta nueva...

Many airports around the world suffer from peak-load demand problems. To meet demand at the peak periods, airports need to over-invest in capacity. However, the costs associated with the peak-load problem are not only those related to the new investment but much more extensive affecting other...

This paper shows what drivers the effectiveness of antitrust policy, by using internationally collated data on the perception of effectiveness of competition policy. It concludes that average antitrust effectiveness depends on per capita income and supranational policy leadership, such as the...

In Africa, the main objective of the port sector is to improve trade competitiveness and to reduce government expenditures. Nevertheless, the reform process in African ports is complex due to some factors, which adversely influence their ability to further develop and affect port efficiency....

This paper examines whether airline prices on domestic Spanish routes are higher than those on international routes. We estimate a pricing equation for all routes originating from Gran Canaria, differentiating between national and international routes. A key difference between these route types...

High-Speed Rail (HSR) infrastructure is costly and requires high investment during the construction and operation periods, which is mainly financed with public funds. This economic effort is seldom set off, which leads to subsidies with the money collected from public debt growth or tax pressure...

Este trabajo analiza el grado de concentración y desigualdad existente entre las 2.350 empresas mayores del mundo, aportando como novedades el basarse en la información publicada anualmente por el ranking de empresas del Financial Times, lo cual permite realizar comparaciones sectoriales y por...

Plans for the development of high speed railways lines (HSR) in Spain are widespread. At the beginning of 2010 four HSR lines were operating in routes where the air transport mode used to be dominant. In this paper we examine through econometric means the air carriers' reaction to these HSR...