This paper investigates how the services of public capital affect the different sectors of private economy in Italy. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free input. This approach allows to measure the effects of...

Private participation in public infrastructure is expected to bring operational efficiency gains and diversified access to large pools of financial capital. However, due to the heterogeneous and politically salient nature of infrastructure, the financial performance of infrastructure is often...

Private infrastructure investment is often viewed as providing an alternative financing method given a revenue stream from a transportation facility rather than providing additional revenue. However, private investment in the form of upfront concession lease payments for newly priced roads can...