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http://hdl.handle.net/10419/50622
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| Title: | | Transport pricing and public-private partnerships  |
| Authors: | | Evenhuis, Emil Vickerman, Roger |
| Issue Date: | | 2010 |
| Series/Report no.: | | School of Economics discussion papers 10,04 |
| Abstract: | | Public-Private Partnerships have become a favoured way of introducing private capital into transport projects whilst maintaining an element of public interest. This paper considers the potential conflicts that might arise between the freedom of the private operator within a PPP and other elements of the public sector's transport policy. Specifically it tackles the question of the problems that might arise when the public sector wishes to implement a type of price regulation, for example SMC Pricing, which might appear to limit the freedom of the private interest to maximise its value from the PPP according to the contract. The paper demonstrates theoretically the potential inconsistencies between such policies and suggest ways in which they may be overcome. |
| Subjects: | | public-private partnerships social marginal cost pricing incentives contracts EU transport policy |
| JEL: | | L14 L33 L51 L91 R48 |
| Document Type: | | Working Paper |
| Appears in Collections: | | School of Economics Discussion Papers, University of Kent
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