Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers

This paper evaluates the welfare impact of a tolled motorway contract renegotiation in Spain. The results show that, after renegotiation, both taxpayers and the private concessionaire were better off. However, road users lost out. An agreement leaving road users unaffected, while securing gains for...

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Detalles Bibliográficos
Autores: Albalate, Daniel, 1980-, Bel-Piñana, Paula
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2016
País:España
Institución:Universidad de Barcelona
Repositorio:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/110764
Acceso en línea:https://hdl.handle.net/2445/110764
Access Level:acceso abierto
Palabra clave:Concessions administratives
Autopistes
Privatització
Infraestructures (Transport)
Seguretat viària
Concessions
Express highways
Privatization
Transportation buildings
Traffic safety
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spelling Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish PioneersAlbalate, Daniel, 1980-Bel-Piñana, PaulaConcessions administrativesAutopistesPrivatitzacióInfraestructures (Transport)Seguretat viàriaConcessionsExpress highwaysPrivatizationTransportation buildingsTraffic safetyThis paper evaluates the welfare impact of a tolled motorway contract renegotiation in Spain. The results show that, after renegotiation, both taxpayers and the private concessionaire were better off. However, road users lost out. An agreement leaving road users unaffected, while securing gains for taxpayers and the concessionaire, would have been possible by negotiating a larger reduction in tolls linked to the extension of the contract duration.Taylor and Francis2016info:eu-repo/semantics/articleinfo:eu-repo/semantics/acceptedVersionapplication/pdfhttps://hdl.handle.net/2445/110764Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)reponame:Dipòsit Digital de la UBinstname:Universidad de BarcelonaInglésVersió postprint del document publicat a: https://doi.org/10.1080/09540962.2016.1194084Public Money & Management, 2016, vol. 36, num. 5, p. 365-372https://doi.org/10.1080/09540962.2016.1194084(c) CIPFA, 2016info:eu-repo/semantics/openAccessoai:diposit.ub.edu:2445/1107642026-05-27T06:46:51Z
dc.title.none.fl_str_mv Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
title Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
spellingShingle Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
Albalate, Daniel, 1980-
Concessions administratives
Autopistes
Privatització
Infraestructures (Transport)
Seguretat viària
Concessions
Express highways
Privatization
Transportation buildings
Traffic safety
title_short Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
title_full Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
title_fullStr Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
title_full_unstemmed Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
title_sort Winners and Losers in Toll Motorway Renegotiations: an empirical evaluation of the Spanish Pioneers
dc.creator.none.fl_str_mv Albalate, Daniel, 1980-
Bel-Piñana, Paula
author Albalate, Daniel, 1980-
author_facet Albalate, Daniel, 1980-
Bel-Piñana, Paula
author_role author
author2 Bel-Piñana, Paula
author2_role author
dc.subject.none.fl_str_mv Concessions administratives
Autopistes
Privatització
Infraestructures (Transport)
Seguretat viària
Concessions
Express highways
Privatization
Transportation buildings
Traffic safety
topic Concessions administratives
Autopistes
Privatització
Infraestructures (Transport)
Seguretat viària
Concessions
Express highways
Privatization
Transportation buildings
Traffic safety
description This paper evaluates the welfare impact of a tolled motorway contract renegotiation in Spain. The results show that, after renegotiation, both taxpayers and the private concessionaire were better off. However, road users lost out. An agreement leaving road users unaffected, while securing gains for taxpayers and the concessionaire, would have been possible by negotiating a larger reduction in tolls linked to the extension of the contract duration.
publishDate 2016
dc.date.none.fl_str_mv 2016
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/acceptedVersion
format article
status_str acceptedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/2445/110764
url https://hdl.handle.net/2445/110764
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Versió postprint del document publicat a: https://doi.org/10.1080/09540962.2016.1194084
Public Money & Management, 2016, vol. 36, num. 5, p. 365-372
https://doi.org/10.1080/09540962.2016.1194084
dc.rights.none.fl_str_mv (c) CIPFA, 2016
info:eu-repo/semantics/openAccess
rights_invalid_str_mv (c) CIPFA, 2016
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Taylor and Francis
publisher.none.fl_str_mv Taylor and Francis
dc.source.none.fl_str_mv Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)
reponame:Dipòsit Digital de la UB
instname:Universidad de Barcelona
instname_str Universidad de Barcelona
reponame_str Dipòsit Digital de la UB
collection Dipòsit Digital de la UB
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15,300724

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