Browsing by Author "201-0261722"

Now showing items 1-10 of 10

    • ¿Cómo Licitar una Concesión Vial Urbana? 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (Centro de Estudios Públicos, 1997)
      En este trabajo se analiza la licitación de concesiones viales urbanas argumentándose que las predicciones de tráfico son aún más imprecisas que en el caso interurbano y que es deseable que el mecanismo de licitación permita ...
    • Energy prices in the presence of plant indivisibilities 
      Fischer Barkan, Ronald; Serra Banfi, Pablo (Elsevier, 2003)
      In several countries (Chile, Bolivia, Argentina and Peru, among others), power plants are dispatched according to merit order, i.e. based on the marginal operating costs of the plants. In this scheme, the operating plant ...
    • Highway franchising: pitfalls and opportunities 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (American Economic Association, 1997)
      We build a conceptual framework to analyze the virtues and limitations of alternative mechanisms that can be used to auction a highway. We argue that current mechanisms, which fix the term of the franchise, create unnecesary ...
    • How to Auction a Bottleneck Monopoly when Underhand Vertical Agreements are Possible 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (Wiley, 2004)
      A seaport is awarded in a Demsetz auction to the operator bidding the lowest cargo-handling fee. The competitive auction is irrelevant if the port operator integrates into shipping and sabotages competitors, thus providing ...
    • Income convergence within and between countries 
      Fischer Barkan, Ronald; Serra Banfi, Pablo (Wiley, 1996)
      We study how trade changes the rate of income convergence within and between countries in a model of endogenous growth. An externality in the production of human capital implies that inequality slows down growth under ...
    • Income inequality and choice of free trade in a model of intraindustry trade 
      Fischer Barkan, Ronald; Serra Banfi, Pablo (Oxford University Press, 1996)
      This paper explains why developed countries impose more trade barriers on middle-income countries than on either poor or other developed countries. We use a median voter model of the choice between trade and autarky ...
    • Least‐present‐value‐of‐revenue auctions and highway franchising 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander (The University of Chicago Press, 2001)
      In this paper we show that fixed-term contracts, which are commonly used to franchise highways, do not allocate demand risk optimally. We characterize the optimal risk-sharing contract and show that it can be implemented ...
    • Renegociación de Concesiones en Chile 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Potsch, Alexander; Hermosilla, Manuel (Centro de Estudios Públicos, 2009)
      Este trabajo describe en forma sistemática los montos renegociados en las 50 concesiones cuyos datos han sido publicados por el MOP en su página web. Su principal conclusión es que las renegociaciones son frecuentes y ...
    • Soft budgets and endogenous renegotiations in transport PPPs: An equilibrium analysis 
      Engel Goetz, Eduardo; Fischer Barkan, Ronald; Galetovic Postch, Alexander (Elsevier, 2019)
      It has been known for some time that renegotiations of public-private partnerships (PPPs) are related to the political cycle. For example, in his seminal work on renegotiations Guasch (2004) found that incoming administrations ...
    • The gains from trade in an specific factor growth model 
      Fischer Barkan, Ronald; Serra, Pablo (Universidad de Chile. Facultad de Economía y Negocios, 1996)
      This paper uses a dynamic model of trade with specific factors of production to analyze the evolution of an economy that opens to international trade. Each period the allocation of labor is determines by previous period ...