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Airport Economics in Latin America and the Caribbean - Benchmarking, Regulation, and Pricing (Paperback, New)
Loot Price: R975
Discovery Miles 9 750
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Airport Economics in Latin America and the Caribbean - Benchmarking, Regulation, and Pricing (Paperback, New)
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Traditionally, air transport infrastructure in Latin America and
the Caribbean (LAC) was exclusively under government ownership and
management. Starting in the late 1990s, several Latin American
countries implemented innovative public-private partnerships (PPP)
that transferred the financing and management of air transport
sector infrastructure to the private sector. This book presents the
findings of a first-ever, comprehensive study of how LAC region
airports have evolved during this notable period of transition in
airport ownership. It is an unbiased, positive analysis of what
happened, rather than a normative analysis of what should be done
to reform the airport sector or to attract private participation.
It takes the first step in response to the need for more conclusive
information about the influence of airport ownership on economic
performance. The book is centered around the study of three
dimensions of performance: productive efficiency, institutional set
up for the governance of the sector, and financing of airport PPPs.
Using rigorous analytical tools, this book answer a series of key
questions to evaluate the introduction of private sector
participation in the Latin American airport sector: Are LAC
airports technically efficient? How has efficiency evolved in the
last decade? Are privately-run airports more efficient than
state-operated airports? How do independent regulators compare with
government agencies in accountability, transparency, and autonomy?
How has the level and structure of aeronautical tariffs changed in
recent years? The main audience of this book are air transport
practitioners, transport regulators, decisionmakers in transport
ministries, and PPP units and academics.
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