Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
Contractual PPPs for transport infrastructure in Spain: Lessons from the economic recession
Year:2016
Research Areas
  • Transport
Information
Abstract
In this paper, we analyse the successes and failures of contractual public-private partnerships (PPPs) for delivering and operating transport infrastructure in Spain from the award of the first toll highway concession programme to the present. To that end, we show the risk allocation principles used in Spain and explore the evolution of the contracting approaches over the years. We found that the performance was reasonably good until the arrival of the economic crisis in 2008. Taking advantage of that, we make a review of contractual PPPs for different transport modes and assess the impact that the economic crisis has had on their business performance and the capacity of the central and regional governments to fulfil their commitments with the private sector. This analysis enabled us to identify measures that, if had been applied, would have improved the resilience of these contract during the economic crisis.
International
Si
JCR
Si
Title
Transport Reviews
ISBN
0144-1647
Impact factor JCR
1,681
Impact info
Datos JCR del año 2013
Volume
36
10.1080/01441647.2015.1076904
Journal number
2
From page
187
To page
206
Month
SIN MES
Ranking
Participants
  • Autor: Jose Manuel Vassallo Magro (UPM)
  • Autor: Alejandro Ortega Hortelano
  • Autor: María de los Ángeles Baeza
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Planificación del Transporte
  • Centro o Instituto I+D+i: Centro de Investigación del Transporte
  • Departamento: Ingeniería Civil: Transporte y Territorio
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
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