@article{blanc-brude2013_13,	Address = {Singapore},
	Author = {Blanc-Brude, Fr\'{e}d\'{e}ric},
	Journal = {EDHEC-Risk Institute Publications},
	Publisher = {EDHEC-Risk Institute},
	Series = {Meridiam, Campbell-Lutyens and EDHEC Research Chair on Infrastructure Equity Investment Management and Benchmarking},
	Title = {{Towards Efficient Benchmarks for Infrastructure Equity Investments}},
	Year = {2013}}
@article{blanc-brude2007_4,
	Author = {Blanc-Brude, Fr\'{e}d\'{e}ric, and Strange, Roger},
	Journal = {Journal of Applied Corporate Finance},
	Number = {4},
	Pages = {94-106},
	Title = {{How Banks Price Loans to Public-Private Partnerships: Evidence from the European Markets}},
	Volume = {19},
	Year = {2007}}
@article{blanc-brude2018_34jfi,
	Author = {Blanc-Brude, Fr\'{e}d\'{e}ric and Hasan, Majid and Whittaker, Thimothy},
	Issue = {Spring},
	Journal = {Journal of Fixed Income},
	Number = {4},
	Title = {Calibrating Credit Risk Dynamics in Private Infrastructure Debt},
	Volume = {27},
	Year = {2018}}

@article{bonetti2010,
	Abstract = {Offtaking agreements are an important risk transfer mechanism in project finance. However, they can also be thought of as a trade-off between lower market and higher counterparty risks. We use the case of the Quezon Power Ltd Co. to test the effect of higher counterparty risk on the cost of funding. Results indicate that the spread of Quezon's bond and counterparty risk are positively correlated when risk is represented by the daily volatility of the offtaker's stock returns. We also find an inverse relation between the rating upgrades of the offtaker and the spread paid by Quezon Power.},
	Author = {Bonetti, Veronica and Caselli, Stefano and Gatti, Stefano},
	Issn = {10583300},
	Journal = {Review of Financial Economics},
	Month = apr,
	Number = {2},
	Pages = {60-71},
	Title = {{Offtaking Agreements and how They Impact the Cost of Funding for Project Finance Deals}},
	Url = {http://www.sciencedirect.com/science/article/pii/S1058330009000457},
	Volume = {19},
	Year = {2010}}

@article{brealey1996,
	Author = {Brealey, Richard A and Cooper, Ian A and Habib, Michel A},
	Journal = {Journal of Applied Corporate Finance},
	Number = {3},
	Pages = {25-39},
	Title = {{Using Project Finance to Fund Infrastructure Investments}},
	Volume = {9},
	Year = {1996}}


@article{choi2006,
author = {Choi, Junho H and Basrnett, George A and Chon, Bum-Soo },title = {Comparing World City Networks: A Network Analysis of Internet Backbone and Air Transport Intercity Linkages},
journal = {Global Networks},
volume = {6},
number = {1},
year={2006},
pages = {81-99},
doi = {10.1111/j.1471-0374.2006.00134.x},
url = {https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1471-0374.2006.00134.x},
eprint = {https://onlinelibrary.wiley.com/doi/pdf/10.1111/j.1471-0374.2006.00134.x},
abstract = {Abstract The research looks at the structure of the Internet backbone and air transport networks between 82 cities in 2002, using Internet backbone bandwidth and air passenger traffic data. Centrality measures on individual city's hierarchy in the Internet and in the air traffic networks were significantly correlated, with London in the most dominant position in both networks. A quadratic assignment procedure (QAP) showed a structural equivalence between two systems. The division and membership of the clusters in both networks also showed similarity; both networks had a strongly cohesive North American?European cluster with the London?New York dyad as the strongest linkage in the global flow of information and people. These findings suggest that current trends in Internet infrastructure concentration reproduce and maintain global inequality and hierarchy among world cities.}}
@article{lee2009,
  title={The Networkability of Cities in the International Air Passenger Flows 1992-2004},
  author={Lee, Ho-Sang},
  journal={Journal of Transport Geography},
  volume={17},
  number={3},
  pages={166-175},
  year={2009},
  publisher={Elsevier}
}

@article{esty2004,
	Author = {Esty, Benjamin C},
	Doi = {10.1111/j.1354-7798.2004.00247.x},
	Issn = {1354-7798},
	Journal = {European Financial Management},
	Month = jun,
	Number = {2},
	Pages = {213-224},
	Title = {{Why Study Large Projects? An Introduction to Research on Project Finance}},
	Url = {http://www.blackwell-synergy.com/links/doi/10.1111/j.1354-7798.2004.00247.x},
	Volume = {10},
	Year = {2004}}

@article{Esty2002,
	Author = {Esty, Benjamin C},
	Journal = {Journal of Applied Corporate Finance},
	Number = {1},
	Pages = {71-86},
	Title = {{Returns on Project Financed Investment}},
	Volume = {15},
	Year = {2002}}	

@article{fama1997,
	Author= {Fama, E F and French, K R},
	Title={Industry Costs of Equity},
	Journal={Journal of Financial Economics},
	Number={43},
	Year={1997},
	Pages={ 153-193}}

@article{flyvbjerg2002,
	Abstract = {Examines the cost estimates of transportation infrastructure projects in the U.S.  Observation of misleading estimates for the projects; Strategic misinterpretation underlying the cost underestimation; Implication for the cost estimates and cost-benefit analyses produced by project promoters.},
	Author = {Flyvbjerg, Bent and Holm, Mette Skamris and Buhl, Soren},
	Doi = {10.1080/01944360208976273},
	Isbn = {0194436020},
	Issn = {01944363},
	Journal = {Journal of the American Planning Association},
	Pages = {279},
	Title = {{Underestimating Costs in Public Works Projects: Error or Lie?}},
	Url = {http://search.ebscohost.com/login.aspx?direct=true\&db=bth\&AN=6847100\&site=bsi-live\&scope=site},
	Volume = {68},
	Year = {2002},
	Bdsk-Url-1 = {http://search.ebscohost.com/login.aspx?direct=true%5C&db=bth%5C&AN=6847100%5C&site=bsi-live%5C&scope=site},
	Bdsk-Url-2 = {http://dx.doi.org/10.1080/01944360208976273}}


@article{helm2009,
	Author = {Helm, D},
	Journal = {Oxford Review of Economic Policy},
	Number = {3},
	Pages = {307-326},
	Title = {{Infrastructure Investment, the Cost of Capital, and Regulation: An Assessment}},
	Volume = {25},
	Year = {2009}}	

@article{jensen1976,
	Author = {Jensen, M C and Meckling, W H},
	Journal = {Journal of Financial Economics},
	Number = {4},
	Pages = {305-360},
	Publisher = {Elsevier},
	Title = {{Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure}},
	Volume = {3},
	Year = {1976}}

@book{gomez-ibanez2003,
	Address = {Harvard University Press},
	Author = {Gomez-Ibanez, Jose},
	Series = {Monopoly, Contracts and Discretion},
	Title = {{Regulating Infrastructure}},
	Year = {2003}}

@book{hart1995,
	Author = {Hart, Oliver D},
	Publisher = {Clarendon Press},
	Title = {{Firms, Contracts, and Financial Structure}},
	Year = {1995}}

@article{shah1987,
	Author = {Shah, Salman and Thakor, Anjan},
	Doi = {10.1016/0378-4266(83)90055-9},
	Issn = {03784266},
	Journal = {Journal of Economic Theory},
	Pages = {209-243},
	Title = {{Optimal Capital Structure}},
	Volume = {42},
	Year = {1987}}