Maintenance incentives in highway concession contracts

Ricardo Gonçalves*, António Gomes

*Autor correspondente para este trabalho

Resultado de pesquisarevisão de pares

4 Citações (Scopus)

Resumo

In most European countries, the private sector has a direct or indirect participation in the construction, overhaul, maintenance, or operation of highways, normally through concession contracts and often with direct payments (tolls) by users. In this context, we construct a model, where demand also depends on road quality, in order to understand the incentives that a profitmaximising concessionaire has to maintain a highway in proper conditions. We provide an economic rationale for our results and also analyse how they are affected by changes in tolls, costs, and the duration of the concession contract.
Idioma originalEnglish
Páginas (de-até)99-122
Número de páginas24
RevistaJournal of Transport Economics and Policy
Volume46
Número de emissão1
Estado da publicaçãoPublicado - jan 2012

Impressão digital

Mergulhe nos tópicos de investigação de “Maintenance incentives in highway concession contracts“. Em conjunto formam uma impressão digital única.

Citação