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 | |
Autori: | DI FOGGIA, GIACOMO (Primo) ARRIGO, UGO (Ultimo) | |
Data di pubblicazione: | 2016 | |
Lingua: | English | |
Rivista: | JOURNAL OF APPLIED ECONOMIC SCIENCES | |
Appare nelle tipologie: | 01 - Articolo su rivista |
File in questo prodotto:
File | Descrizione | Tipologia | Licenza | |
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pepst_di_foggia_arrigo.pdf | Preprint | Open Access Visualizza/Apri | ||
Di Foggia_Arrigo_JAES_rail_output.pdf | Publisher's version | Open Access Visualizza/Apri |