Privatization of highways in Brazil: comment on the financial viability
In this article the author discusses financial questions deemed as key issues, andthat should be carefully analyzed in highway privatization projects within the Brazilian reality.Expected returns, compared tariffs, costs, demand and capital structure are the coreon this work. The author performs a s...
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 1993 |
| País: | Brasil |
| Institución: | EDITORA 34 |
| Repositorio: | Revista de Economia Política |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs2.centrodeeconomiapolitica.org:article/1333 |
| Acceso en línea: | https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1333 |
| Access Level: | acceso abierto |
| Palabra clave: | Privatização estradas Privatization roads |
| Sumario: | In this article the author discusses financial questions deemed as key issues, andthat should be carefully analyzed in highway privatization projects within the Brazilian reality.Expected returns, compared tariffs, costs, demand and capital structure are the coreon this work. The author performs a simulation exercise based on one of the cases mostfrequently remembered as a candidate to privatization in the State of São Paulo: the systemcomprising the Anchieta and the Imigrantes Highways, which make a connection betweenthe City of São Paulo and the City of Santos, on the coast. The author’s conclusion indicatethat it is a feasible undertaking, provided that some restrictions/innovations are included inits design. JEL Classification: L33; L92. |
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