The Contracting of Investments and Operation, and the Management of Infrastructure Funding Bodies

Public authorities can make a wide variety of institutional arrangements for the provision and operation of infrastructure. What is the best organization or, to put it more pragmatically, what are the advantages and drawbacks of the various options? This is the question that this chapter will address, building on the lessons of principal-agent theory and on the analysis of various situations pertinent to the European context. The creation of an infrastructure agency is discussed and then various modes of transportation are reviewed: motorways, railway tracks and seaports. Some numerical values are derived for parameters used in cost-benefit assessments of infrastructure projects.

  • Availability:
  • Supplemental Notes:
    • Abstract reprinted with permission from Elsevier.
  • Corporate Authors:

    Elsevier

    Linacre House, Jordan Hill
    Oxford,   United Kingdom  OX2 8DP
  • Authors:
    • Meunier, David
    • Quinet, Emile
  • Publication Date: 2007

Language

  • English

Media Info

  • Media Type: Print
  • Edition: First
  • Features: References;
  • Pagination: pp 81-109
  • Monograph Title: Investment and the Use of Tax and Toll Revenues in the Transport Sector. Research in Transportation Economics, Volume 19

Subject/Index Terms

Filing Info

  • Accession Number: 01079512
  • Record Type: Publication
  • ISBN: 9780762312467
  • Files: TRIS
  • Created Date: Oct 22 2007 10:15AM