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Co-financing by municipalities

Project Number: 413

Project Leader: Johanna Jussila Hammes

Start Date: 2015-02-09

End Date: 2016-12-31

Research Question Co-financing has been a means for the Swedish government to augment available funds to finance national level transport infrastructure projects at least since the National Transport Infrastructure Plan (NTIP) for 2010-2021 was taken in 2010. Co-financing was evaluated by the Swedish National Audit Office in 2011 (Swedish National Audit Office, 2011). After the evaluation, the parliamentary Committee on Transport and Communications demanded a revision of the practice. Among others, the committee does not want co-financing to influence the choice of infrastructure objects (Parliamentary Committee on Transport and Communications, 2014). There are two parties both to transport infrastructure investments, however. In order to want to co-finance a project, a municipality will want to gain something that it would not get without co-financing. A higher probability of getting a project is one such desirable gain. The aim of the present paper is to devise a theoretical

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