Jul 6, 2022
Lincoln Feature | Who Should Provide Infrastructure? On Regulation, Privatiza...
Authors: José A. Gómez-Ibáñez, Zhi LiuInfrastructure requires massive, long-term, geographically fixed investment. As a result, the lowest-cost market delivery model often relies on a single firm for construction, operation and maintenance, creating a market with limited competition — an economic concept known as natural monopoly. How to protect consumer interests under limited competition has long ...
Jul 1, 2022
Lincoln Feature Article | Is Infrastructure Finance Such a Big Headache?
Authors: José A. Gómez-Ibáñez, Zhi LiuAcross the globe, there is an urgent demand for infrastructure construction and upgrading. Yet governments frequently struggle to cover the high costs of infrastructure development and maintenance. Two chapters in the new book Infrastructure Economics and Policy: International Perspectives, published by the Lincoln Institute of Land Policy, address infrastructure ...
Jun 24, 2022
Lincoln Feature | Building the Breathable City: What Role Should Land Value C...
What determines land values? Classical economists argue that the answer lies in what the land produces. Nevertheless, land itself forms part of the natural environment, which exerts profound impacts on land values. This interconnection between land and the environment is prominently reflected in how air quality shapes land values. How does air quality affect land values? This brief article outlines ...
Jun 13, 2022
Featured Article | How Should the Infrastructure Sector Cope with Radical Unc...
Authors: José Gómez-Ibáñez, Zhi LiuMajor trends and events including climate change, automation, the sharing economy and the COVID-19 pandemic have brought radical uncertainties to humanity. These factors not only affect the current operation of infrastructure, but will also shape its future development. The new book Infrastructure Economics and Policy: International Perspectives, published by the ...
Jan 15, 2021
New Book Release | Research on Trade Economic Geography
Source: Official Account Empirical Economic Geography. Reprint requires authorization. Research on Trade Economic Geography, co-authored by Professor He Canfei, Dean of the School of Urban and Environmental Sciences, Peking University, and Associate Professor Yang Rudai from the School of Economics, Peking University, has been officially published by Economic Science Press.Research on Trade Economic ...