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Privatizing Roads : A New Method for Auctioning Highways

Privatizing Roads : A New Method for Auctioning Highways

The authors attribute many of the problems in highway privatization to the combined effect of features of the highway business and the fixed term contracts used. First, traffic forecasts are notoriously imprecise, and the franchise holder has almos...

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Bibliographic Details
Main Authors: Engel, Eduardo, Fischer, Ronald, Galetovic, Alexander
Format: Viewpoint
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCURATE TRAFFIC PREDICTIONS
ARTIFICIALLY LOW TOLLS
BANKRUPTCY
COMPENSATION
DEBT
FRANCHISE
FRANCHISES
HIGH RISK
HIGHWAY FRANCHISES
HIGHWAY PRIVATIZATION
INCOME
MAXIMUM TOLL
NEW HIGHWAYS
OIL
PRESENT VALUE
PRESENT VALUE OF TOLL REVENUE
PRIVATIZATION
PUBLIC GOODS
QUALITY STANDARDS
REGULATOR
REGULATORS
REGULATORY INSTITUTIONS
ROADS
TOLL BOOTHS
TOLL INCREASE
TOLL REVENUE
TOLL REVENUES
TOLL ROAD
TOLLS
TRAFFIC
TRAFFIC TURNS
TYPE OF CONTRACTS ROADS & HIGHWAYS
DENATIONALIZATION
TRAFFIC SURVEYS
AUCTIONS
PROCUREMENT
Online Access:http://documents.worldbank.org/curated/en/1997/05/693105/privatizing-roads-new-method-auctioning-highways
http://hdl.handle.net/10986/11586
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http://documents.worldbank.org/curated/en/1997/05/693105/privatizing-roads-new-method-auctioning-highways
http://hdl.handle.net/10986/11586

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