The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future
The Chilean Infrastructure Concessions Program: Evaluation, Lessons and Prospects for the Future
复制标题
DOI：
--
复制
发表时间：
1999
影响因子：
5.1
通讯作者：
E. Engel;R. Fischer;Alexander Galetovic
中科院分区：
文献类型：
--
作者：
E. Engel;R. Fischer;Alexander Galetovic
本文描述并评估了智利的基础设施特许权计划，该计划是自1990年回归民主以来一直统治智利的中左翼政党联盟实施的主要经济创新之一。讨论了特许经营经济学的主要原则，并用于评估该计划，从而详细审查了高速公路和海港的私有化。与其他国家的经验相比，结果是有希望的。基础设施赤字已大大减少，创新理念已被成功运用，并避免了几个陷阱。然而，由于特许经营期限很长，至少在10年内不会有最终裁决。我们提供各种建议，以增加取得积极成果的可能性。我们相信，实施这些建议将为纳税人和用户节省大量资金。
This paper describes and evaluates the Chilean infrastructure concessions program, which is one of the main economic innovations carried out by the center-left coalition of political parties that has governed Chile since the return to democracy in 1990. The main principles underlying the economics of franchising are discussed and used to evaluate the program, thereby reviewing the privatizations of highways and seaports in detail. Compared with experiences in other countries, the results are promising. The infrastructure deficit has been greatly reduced, innovative ideas have been used successfully and several pitfalls have been avoided. However, since franchise terms are long, the final verdict will not be in for at least a decade. We offer various suggestions to increase the likelihood of a positive outcome. We believe implementing these suggestions would lead to important savings for taxpayers and users.