Infraestructuras: ¿Qué podemos decir los economistas?
[Infrastructure: what can the economists say?]
AbstractInfrastructures have been traditionally built, maintained and operated by the public sector. Road and railway networks, energy, electricity and water were traditionally designed in public sector headquarters in many countries until the eighties. Since then, and due to fiscal crisis and public sector inefficiencies, among other factors, privatization is a key ingredient of the industrial policy all over the world. Technological change and the analysis of economists have modified the conventional view which assimilated infrastructure and public monopoly. Technological developments explain part of the change in the telecommunication markets. Moreover, the economic analysis showed that the electricity sector, railways or ports had several activities which could be unbundled as a way to introduce competition. One of the field which has attracted the attention of economic research in the last two decades is the contribution of public infrastructure to economic growth, though economists had been investigating long time before how to assess investment projects in public infrastructure, or how should prices be set in the context of long live assets, sunk costs, congestion and externalities This paper provides a broad overview of the economics of infrastructure.
Download InfoIf 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.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 12194.
Date of creation: 2000
Date of revision:
Infraestructure; utilities; regulation cost-benefit analysis;
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
- L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Aschauer, 1988.
"Is public expenditure productive?,"
88-7, Federal Reserve Bank of Chicago.
- Engel, Eduardo & Fischer, Ronald & Galetovic, Alexander, 1997.
"Highway Franchising: Pitfalls and Opportunities,"
American Economic Review,
American Economic Association, vol. 87(2), pages 68-72, May.
- David A. Aschauer, 1989. "Public investment and productivity growth in the Group of Seven," Economic Perspectives, Federal Reserve Bank of Chicago, issue Sep, pages 17-25.
- Puga, Diego, 2001.
"European Regional Policies in Light of Recent Location Theories,"
CEPR Discussion Papers
2767, C.E.P.R. Discussion Papers.
- Diego Puga, 2002. "European regional policies in light of recent location theories," Journal of Economic Geography, Oxford University Press, vol. 2(4), pages 373-406, October.
- Ottaviano, Gianmarco Ireo Paolo & Puga, Diego, 1997.
"Agglomeration in the Global Economy: A Survey of the 'New Economic Geography',"
CEPR Discussion Papers
1699, C.E.P.R. Discussion Papers.
- Gianmarco I. P. Ottaviano & Diego Puga, 1998. "Agglomeration in the Global Economy: A Survey of the 'New Economic Geography'," The World Economy, Wiley Blackwell, vol. 21(6), pages 707-731, 08.
- Roger Vickerman & Klaus Spiekermann & Michael Wegener, 1999. "Accessibility and Economic Development in Europe," Regional Studies, Taylor & Francis Journals, vol. 33(1), pages 1-15.
- Mas Ivars Matilde & Pérez García Francisco & Uriel Jiménez Ezequiel, 2005. "El stock de capital en España y su distribución territorial (1964-2002)," Books, Fundacion BBVA / BBVA Foundation, edition 0, number 201146.
- Crampes, Claude & Estache, Antonio, 1998.
"Regulatory trade-offs in the design of concession contracts,"
Elsevier, vol. 7(1), pages 1-13, March.
- Crampes, C. & Estache, A., 1997. "Regulatory Trade-Offs in the Design of Concession Contracts," Papers 97.462, Toulouse - GREMAQ.
- Leroy P. Jones & Pankaj Tandon & Ingo Vogelsang, 1990. "Selling Public Enterprises: A Cost/Benefit Methodology," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262600625, December.
- Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.