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Financing future growth in infrastructure needs

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  • Alain Bonnafous

    (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

Determining future transport infrastructure needs is traditionally the first stage in the investment planning process. However, this process generally takes place within the framework of national transport policy, even in cases where the infrastructure is used for international traffic flows. This report proposes to address this issue by considering the specific needs of international traffic flows with regard to inland modes of transport.Obviously, these issues will be shaped by the way in which traffic flows develop over the next few decades, since new infrastructure needs and the associated financing problems clearly depend on the pace and scale of such growth. This uncertainty would be dispelled if growth were to remain zero or very close to zero. In the opposite case, namely if average growth rates were to be higher than 1.5% to 2% in European countries, growth in traffic raises the issue of the so-called decoupling of transport from economic growth.We must therefore begin by dispelling these uncertainties regarding a possible decoupling, or at least by stating the assumptions underlying the situation in which we find ourselves.

Suggested Citation

  • Alain Bonnafous, 2006. "Financing future growth in infrastructure needs," Post-Print halshs-00339710, HAL.
    • Handle: RePEc:hal:journl:halshs-00339710
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00339710
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    References listed on IDEAS

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    1. Alain Bonnafous & Pablo Jensen, 2005. "Ranking Transport Projects by their Socioeconomic Value or Financial Interest rate of return?," Post-Print halshs-00079721, HAL.
    2. Lourdes Diaz Olvera & Michel Le Nir & Didier Plat & Charles Raux, 1995. "Les effets-frontière : évidences empiriques, impasses théoriques," Post-Print halshs-00139382, HAL.
    3. Alain Bonnafous, 2005. "Infrastructure Funding and Public-Private Partnerships," Post-Print halshs-00079768, HAL.
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    Cited by:

    1. Barabas, György & Kitlinski, Tobias & Schmidt, Christoph M. & Schmidt, Torsten & Siemers, Lars-H. & Brilon, Werner, 2010. "Verkehrsinfrastrukturinvestitionen: Wachstumsaspekte im Rahmen einer gestaltenden Finanzpolitik. Endbericht - Januar 2010. Forschungsprojekt im Auftrag des Bundesministeriums der Finanzen. Projektnumm," RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, number 72601.
    2. Theodore Tsekeris & Charalambos Tsekeris & Gerassimos Karabelias, 2011. "Exploring the Role of Greece in the Development of Infrastructure Networks in Southeastern Europe," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 18(1), pages 99-111, September.

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