Publication
Title
When are subsidies to trans-European network projects justified?
Author
Abstract
The trans-European transport network (TEN-T) encompasses the major planned transport infrastructure in Europe, ranging from high speed rail to port infrastructure. Projects in this category are considered priority projects and receive European subsidies; but these have been insufficient to get these projects off the ground. This paper addresses two research questions. First, it sketches the basic economics of cross-boundary infrastructure projects: what pricing and investment policies can we expect, what is the role of through traffic and high fixed costs of infrastructure? Second, it examines briefly what lessons the EU could draw from the experience of other existing federal funding institutions like the US and Germany. These ideas are used to propose a new subsidy scheme for the TEN-T projects.
Language
English
Source (journal)
Transportation research: part A: policy and practice. - Oxford, 1992, currens
Publication
Oxford : 2011
ISSN
0965-8564
Volume/pages
45:3(2011), p. 161-170
ISI
000287543500001
Full text (Publishers DOI)
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identification
Creation 15.06.2011
Last edited 10.04.2017
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