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Die österreichische Infrastrukturgesellschaft ASFINAG als verkehrspolitisches Modell

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  • Franz Nauschnigg

Abstract

The EU is currently debating how to increase investment for improved growth and employment. EU Commission President Juncker has announced an investment plan of more than €315 bn. Public sector investments in the EU are hampered by high debt and deficits and the restrictions of the Stability and Growth Pact. The Austrian ASFINAG finances and operates the Austrian highway system and has improved it significantly through massive investments in the last two decades. Although it is state-owned and has a state guarantee for its debt, which allows cheap financing, it is a private company that belongs to the private sector, and it can cover its costs through user fees. This ASFINAG model, which makes use of the flexibility in the Stability and Growth Pact, could be used to increase infrastructure investments in the EU significantly. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Franz Nauschnigg, 2015. "Die österreichische Infrastrukturgesellschaft ASFINAG als verkehrspolitisches Modell," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 95(5), pages 342-346, May.
    • Handle: RePEc:spr:wirtsc:v:95:y:2015:i:5:p:342-346
    DOI: 10.1007/s10273-015-1829-4
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    Citations

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    Cited by:

    1. Philipp Heimberger, 2017. "Die Struktur der österreichischen Staatsausgaben im europäischen Ländervergleich," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 43(4), pages 569-586.
    2. Franz Nauschnigg, 2022. "Inflation bekämpfen durch Senkung der Monopolrenten [Fighting Inflation Through Lowering of Monopoly Rents]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(6), pages 446-448, June.

    More about this item

    Keywords

    E22; H41; R48;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy

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