Advanced Search
MyIDEAS: Login to save this article or follow this journal

New Instruments for Financing Transport Infrastructures in Italy


Author Info

  • Vaghi Carlo
  • Milotti Alberto
Registered author(s):


    The Italian Government budget constraints and the need of modern transport infrastructures have given rise to innovative financing instruments to collect resources for investments. The aim of the paper is to survey and to verify the effectiveness of three of the most interesting and recent methods for this purpose: the "take over compensation" method, which applied to infrastructure built after project financing or concession bids; the "value capture" method, which gives the opportunity to assess part of transport infrastructures' benefits by capturing the increase in property value experienced after the opening of the new infrastructure; and the so-called "Eurovignette" Directive method. After a brief critical review of literature, the paper investigates the application of those methods to the Italian scenario, referring to four specific cases: the (Milano-Brescia) motorway, the Pedemontana motorway, the Quadrilatero road project, and the Brenner rail base tunnel.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    Bibliographic Info

    Article provided by Società editrice il Mulino in its journal Economia dei Servizi.

    Volume (Year): (2009)
    Issue (Month): 3 ()
    Pages: 377-398

    as in new window
    Handle: RePEc:mul:j1t56u:doi:10.2382/31039:y:2009:i:3:p:377-398

    Contact details of provider:

    Related research

    Keywords: transport; funding; take over compensation; land value capture; Eurovignette directive;


    No references listed on IDEAS
    You can help add them by filling out this form.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Piero Casadio & Marco Paccagnella, 2012. "Criticalities in the Funding, Planning and Selection of Infrastructure Projects in Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.


    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


    Access and download statistics


    When requesting a correction, please mention this item's handle: RePEc:mul:j1t56u:doi:10.2382/31039:y:2009:i:3:p:377-398. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.