Journal title ECONOMIA PUBBLICA
Author/s Giorgio Ragazzi
Publishing Year 2004 Issue 2004/4 Language Italian
Pages 39 P. File size 219 KB
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The practice of charging to users the full cost of highways and infrastructures is in contrast with the criterion of setting tariffs at social marginal costs, and tends over time to transform user charges in a hidden form of (regressive) taxation. Regulating natural monopolies like highways through a price cap is criticized, and reasons are given to prefer a public company to private investors, and unbundling to operating concessions. The experience of privatisation and regulation of the main Italian highways operator is analysed.
Giorgio Ragazzi, Politiche per la regolamentazione del settore autostradale e il finanziamento delle infrastrutture in "ECONOMIA PUBBLICA " 4/2004, pp , DOI: