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Infrastructure concessions in Latin America : government-led renegotiations (English)

The authors complement the existing knowledge in the renegotiation literature on infrastructure concessions by analyzing government-led renegotiations. They first propose a multiple-period theoretical framework in which both Pareto-improving and rent-shifting renegotiations at the initiative of the government can occur. They then perform an empirical analysis based on a sample of 307 water and transport projects in five Latin American countries between...
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Guasch, J. Luis; Laffont,Jean Jacques; Straub,Stephane.

Infrastructure concessions in Latin America : government-led renegotiations (English). Policy, Research working paper ; no. WPS 3749 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/306081468300325193

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