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.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/9780762312467
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Supplemental Notes:
- Abstract reprinted with permission from Elsevier.
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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
- TRT Terms: Benefit cost analysis; Capital investments; Contracting out; Infrastructure; Investments; Operations; Public transit; Transit operating agencies; Transportation planning
- Uncontrolled Terms: Transportation infrastructure
- Subject Areas: Administration and Management; Highways; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01079512
- Record Type: Publication
- ISBN: 9780762312467
- Files: TRIS
- Created Date: Oct 22 2007 10:15AM