The aim of this study is to analyze and compare the results from Propensity Score Matching (PSM) and Spatial Hedonic Prices (SHP) methodologies estimating value fluctuations on residential proprieties in Bogotá (Colombia). Specifically, this study examines value fluctuations on residential...

This article is an empirical study of residential land values in the vicinity of the TransMilenio system (Bus Rapid Transit, BRT) in Bogota´ (Colombia). The results have been established through impact evaluation by means of nonparameteric approaches (Propensity Score Matching, PSM) and...

A large theoretical and empirical literature suggests that the salience of network-based ties in contract enforcement under relation-based governance systems limits market expansion. This paper illustrates the incorporation of new agents into market exchange under conditions of informal contract...

It is generally accepted that the recent economic crisis of 2007-2010 has caused widespread economic recession in different countries. Since the ports and coastal regions are of great importance to economic infrastructure, this study examined the possible impact resulting from such a global...

This paper aims to analyse the impact of port demand variability on the allocative efficiency of Spanish port authorities during the period 1986-2007. From a distance function model we can obtain a measure of allocative efficiency using two different approaches: error components approach and...

PPPs in the rail sector have become increasingly common in the last two decades. They have been praised and criticized for a variety of reasons. This paper provides a comprehensive study of all rail PPPs to date, in order to observe long term trends and to quantify to potential of failure or...

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...

What is the total cost of building, maintaining and operating a new high speed rail (HSR) line? Trying to answer this question is the main objective of this paper. To address it we will make an extensive use a database containing information about 166 actual HSR projects in 20 countries is...

The Third Thai-Lao Friendship over the Mekong officially opened on 11th November 2011 facilitates the cross-border trade along Asian Highway 15 and Asian Highway 131 between Northeast Thailand, Central Lao PDR and North Central Vietnam. Since the establishment of East-West Economic Corridor...

This paper outlined the urbanization as well as the development of the industrial parks and transportation infrastructure in the Greater Hanoi area. It is worth to note that the transportation infrastructure in Greater Hanoi has been growing very fast during the past 20 years. It has not,...