The public expenditure on railways is largely unexplored in Europe. This is surprising because the size of government financial support to the industry is remarkable. Filling a dozen years of missing information, this paper rebuilds the total public spending on the Italian railway since 1992 making it comparable. This research complements a significant lack of information of public interest since these data have been published from 1966 until 2001; year of the last data release. From then the extent of public support to the industry has remained indefinite. Our results serve: scholars aimed at comparing such expenses with other countries, policy makers aimed at taking superior data-supported decisions when it comes to budgeting and industry professionals for intelligence purposes. Thus, reducing the long-lasting asymmetric information in this domain - a key threaten to the sector growth. Results of this paper enable a proper comparison of the government spending on railways among different countries such as Italy, France and Great Britain as an exercise.
Di Foggia, G., & Arrigo, U. (2016). The political economy of public spending on italian rail transport: A European view. JOURNAL OF APPLIED ECONOMIC SCIENCES, 11(2), 192-206.
|Citazione:||Di Foggia, G., & Arrigo, U. (2016). The political economy of public spending on italian rail transport: A European view. JOURNAL OF APPLIED ECONOMIC SCIENCES, 11(2), 192-206.|
|Tipo:||Articolo in rivista - Articolo scientifico|
|Carattere della pubblicazione:||Scientifica|
|Presenza di un coautore afferente ad Istituzioni straniere:||No|
|Titolo:||The political economy of public spending on italian rail transport: A European view|
|Autori:||Di Foggia, G; Arrigo, U|
DI FOGGIA, GIACOMO (Primo)
ARRIGO, UGO (Ultimo)
|Data di pubblicazione:||2016|
|Rivista:||JOURNAL OF APPLIED ECONOMIC SCIENCES|
|Appare nelle tipologie:||01 - Articolo su rivista|