EVOLUTION OF CONCESSION OPERATIONS

Mykola  DIADENKO

doi:10.31617/3.2024(133)03

Authors

Mykola DIADENKO State University of Trade and Economics https://orcid.org/0000-0001-7631-8013

DOI:

https://doi.org/10.31617/3.2024(133)03

Keywords:

concession arrangements, service concession arrangements, concession agreements, concession, public and private partnership, accounting.

Abstract

In todayʼs dynamic world, it is important to understand the roots and evolution of key economic and legal mechanisms. The article is devoted to a detailed analysis and description of concession operations during various historical stages: from ancient times, the Middle Ages, stages of development in the 19th and 20th centuries, analysis of its modern trends in the 21st century. The relevance of the research lies in the in-depth disclosure of the mechanisms underlying concession operations and their impact on the economic, social and cultural development of the society. Studying the history of concessions will help specialists and researchers to better assess current trends and predict future developments in this field. The aim of the article is to characterize the key evolutionary stages of concession operations in order to understand their essence and critical features, based on the hypothesis that they have transformed from simple agreements to complex multi-stakeholder contracts for various public services and goods. The research methodology is based on an integrated approach, which includes historical, comparative and analytical research methods. As a result, the research is provided a holistic view of the evolution of concession arrangements, their significance and role in the formation of economic relations at various stages of historical development.

Author Biography

Mykola DIADENKO, State University of Trade and Economics

ACCA, Certified auditor of Ukraine, PhD student of the Department of Accounting and Taxation

References

Amelung, I., & Schefold, B. (Eds.). (2021). Euro-pean and Chinese Histories of Economic Thought: Theories and Images of Good Governance. (1st ed.). Routledge, 63-66. https://doi.org/10.4324/9780367434496 DOI: https://doi.org/10.4324/9780367434496

Balkan Green Energy News. (2023). Concession agreement for 54.6 MW wind farm in Kupres in BiH gets green light. https://balkangreenenergynews.com/concession-agreement-for-54-6-mw-wind-farm-in-kupres-in-bih-gets-green-light/

Berman, C. H. (1986). Medieval Agriculture, the Southern French Countryside, and the Early Cistercians. A Study of Forty-Three Monasteries. Transactions of the American Philosophical Society, 76(5), i-XIV+1-179. https://doi.org/10.2307/1006411 DOI: https://doi.org/10.2307/1006411

Blackiston, A. H. (1940). The Story of the Concession. Louisiana Law Review, 2, (2), 330-337. https://digitalcommons.law.lsu.edu/cgi/viewcontentcgi?article=1142&context=lalrev

Button, K. (2008). Air transportation infrastructure in developing countries: privatization and deregulation. Aviation Infrastructure Performance: A Study in Compa-rative Political Economy. https://www.researchgate.net/publication/252202873_Air_transportation_infrastructure_in_developing_countries_Privatization_and_deregulation

Caranta, R., & Patrito, P. (2020). Chapter 2 An intellectual history of concessions and PPP law. In Public-Private Partnerships and Concessions in the EU. https://doi.org/10.4337/9781839105012.00008 DOI: https://doi.org/10.4337/9781839105012.00008

Coşgel, M. M., & Miceli, T. J. (2009). Tax Collection in History. Public Finance Review, 37(4), 399-420. https://doi.org/10.1177/1091142109331636 DOI: https://doi.org/10.1177/1091142109331636

de Ligt, L., & Northwood, S. (Eds.). (2008). People, Land, and Politics: Demographic Developments and the Transformation of Roman Italy, 300 BC-AD 14 (1st ed., Vol. 303). BRILL. https://doi.org/10.1163/ej.9789004171183.i-656 DOI: https://doi.org/10.1163/ej.9789004171183.i-656

Dinica, V. (2017). Tourism concessions in National Parks: neo-liberal governance experiments for a Conservation Economy in New Zealand. Journal of Sustainable Tourism, 115-133. https://doi.org/10.1080/09669582.2015.1115512 DOI: https://doi.org/10.4324/9780429457968-8

Dolgopol, N. Y. (2021). Historical stages of concession development. Mechanisms for ensuring sustainable development of the economy: problems, prospects, international experience: materials of the II International. science and practice conf. Kharkiv. 32-35. http://elib.hduht.edu.ua/bitstream/123456789/6538/1/t-k_23.04.21.pdf#page=32

Ghandi, A., Lin Lawell, & Cynthia, C.-Y. (2014). Oil and gas service contracts around the world: A review. Energy Strategy Reviews, 1-17. https://doi.org/10.1016/j.esr.2014.03.001 DOI: https://doi.org/10.1016/j.esr.2014.03.001

Gruber, J. W. (1948). Irrigation and Land Use in Ancient Mesopotamia. Agricultural History, 22(2), 69-77. http://www.jstor.org/stable/3739264

Gürkaynak, G., Yilmaz, I., & Taskiran, N. (2014). Protecting the communication: Data protection and security measures under telecommunications regulations in the digital age. Computer Law & Security Review, (30), 179-189. https://doi.org/10.1016/j.clsr.2014.01.010 DOI: https://doi.org/10.1016/j.clsr.2014.01.010

Jin, G., & Schulze, G. G. (2024). Historical Legacies and Urbanization: Evidence from Chinese Concessions. CESifo Working Paper No. 10976. https://doi.org/10.2139/ssrn.4748025 DOI: https://doi.org/10.2139/ssrn.4748025

Johnson, E. R. (1903). The Panama Canal: The Title and Concession. Political Science Quarterly, 18(2), 197-215. https://doi.org/10.2307/2140680 DOI: https://doi.org/10.2307/2140680

Johnson, N. D., Koyama, M. (2014). Tax farming and the origins of state capacity in England and France. Explorations in Economic History. Vol. 51, 1-20. https://doi.org/10.1016/j.eeh.2013.07.005 DOI: https://doi.org/10.1016/j.eeh.2013.07.005

King, P. W. (2007). Medieval Turnpikes. Journal of Railway and Canal Historical Society. 35(10), 740-746. https://rchs.org.uk/wp-content/uploads/2020/02/Journal-200-Dec-2007.pdf#page=6

Landoni, M. (2012). The public-private partnership in the Italian satellite telecommunication system design: SIRIO and Italsat (1969-1996). Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano - Departmental Working Papers, 1-21. https://air.unimi.it/retrieve/dfa8b98f-28b4-748b-e053-3a05fe0a3a96/DEAS-2012_20wp.pdf

Levine, R., Lin, C., Ma, C., & Xu, Y. (2023). The Legal Origins of Financial Development: Evidence from the Shanghai Concessions. The Journal of Finance. 78(6). https://doi.org/10.1111/jofi.13284 DOI: https://doi.org/10.1111/jofi.13284

Lustig, D. (2020). Veiled Power: International Law and the Private Corporation 1886-1981. https://doi.org/10.1093/oso/9780198822097.001.0001 DOI: https://doi.org/10.1093/oso/9780198822097.001.0001

Michel, C. (2012). The Kārum Period on the Plateau. The Oxford Handbook of Ancient Anatolia: (10,000-323 BCE). 313-336. https://doi.org/10.1093/oxfordhb/9780195376142.013.0013 DOI: https://doi.org/10.1093/oxfordhb/9780195376142.013.0013

Miranda, N. (2007). Concession Agreements: From Private Contract to Public Policy. The Yale Law Journal, 117(3), 510-549. https://doi.org/10.2307/20455800 DOI: https://doi.org/10.2307/20455800

Moran, T. H. (1974). The Evolution of Concession Agree-ments in Underdeveloped Countries and the United States National Interest, 7. Vanderbilt Law Review, 315. https://scholarship.law.vanderbilt.edu/vjtl/vol7/iss2/3

NEL, D. (2020). Allocation of Risk in Public Private Partnerships in Information and Communications Technology. International Journal of EBusiness and EGovernment Studies, 12(1), 17-32. https://doi.org/10.34111/ijebeg.202012102 DOI: https://doi.org/10.34111/ijebeg.202012102

Ogilvie, S. (2014). The Economics of Guilds. The Journal of Economic Perspectives, 28(4), 169-192. https://doi.org/10.1257/jep.28.4.169 DOI: https://doi.org/10.1257/jep.28.4.169

Raftis, J. A. (1961). Western Monasticism and Economic Organization. Comparative Studies in Society and History, 3(4), 452-469. http://www.jstor.org/stable/177665; https://doi.org/10.1017/S0010417500001122 DOI: https://doi.org/10.1017/S0010417500001122

Roselaar, S. T. (2010). Public Land in the Roman Republic: A Social and Economic History of Ager Publicus in Italy, 396-89 BC. Oxford Studies in Roman Society & Law. https://doi.org/10.1093/acprof:oso/9780199577231.001.0001 DOI: https://doi.org/10.1093/acprof:oso/9780199577231.001.0001

Sysoiev, M. (2020). Concessions and PPP for the energy and other sectors in Ukraine. https://www.linkedin.com/pulse/concessions-ppp-energy-other-sectors-ukraine-maksym-sysoiev/

The EPEC (the European PPP Expertise Centre). (2022). Electric vehicle charging concessions A contract guide for public authorities. https://www.eib.org/attachments/publications/electric_vehicle_charging_concessions_en.pdf

The EPEC (the European PPP Expertise Centre). (2023). Market update Review of the European public-private partnership market in 2022. https://www.eib.org/attachments/lucalli/20230009_epec_market_update_2022_en.pdf

The Inter-American Development Bank (2024). Scaling Up Investments in Concessions and PPPS for Renewable Energy Mini-Grids. https://www.iadb.org/en/who-we-are/topics/financial-markets/scaling-investmnets-concessions-and-ppps-renewable-energy-mini

The World Bank (1986). Channel Tunnel Fixed Link - Concession Agreement. https://ppp.worldbank.org/public-private-partnership/library/channel-tunnel-fixed-link-concession-agreement

The World Bank (2023). Private Participation in Infrastructure (PPI). 2022 Annual Report. https://ppi.worldbank.org/content/dam/PPI/documents/PPI-2022-Annual-Report.pdf

Vázquez-Fariñas, M., Castro-Valdivia, M., Matés-Barco, J.-M. (2023). The Internationalisation of the British Gas Industry in Latin Europe in the Nineteenth Century. The Gas Industry in Latin Europe. 53-81. https://doi.org/10.1007/978-3-031-36674-1_3 DOI: https://doi.org/10.1007/978-3-031-16309-8_3

Veeser, C. (2013). A Forgotten Instrument of Global Capitalism? International Concessions, 1870-1930, The International History Review, 35:5, 1136-1155. https://doi.org/10.1080/07075332.2013.820773 DOI: https://doi.org/10.1080/07075332.2013.820773

Wallsten S. (2005). Returning to Victorian Competition, Ownership, and Regulation: An Empirical Study of European Telecommunications at the Turn of the Twentieth Century. The Journal of Economic History. 65(3). 693-722. https://doi.org/10.1017/S0022050705000252 DOI: https://doi.org/10.1017/S0022050705000252

Watkin, T. G. (1979). Feudal Theory, Social Needs and the Rise of the Heritable Fee. Cambrian L. Rev., (10), 39. https://heinonline.org/HOL/LandingPage?handle=hein.journals/camblr10&div=8&id=&page=

Wells, L. T., Jr. (1968). The Evolution of Conces-sion Agreements. Economic Development Report. Harvard University, Development Advisory Service.

Wood, A. D., Mason, C. F., Finnoff, D. (2016). OPEC, the Seven Sisters, and Oil Market Dominance: An Evolutionary Game Theory and Agent-Based Modeling Approach. Journal of Economic Behavior & Organization, (132). https://doi.org/10.1016/j.jebo.2016.06.011 DOI: https://doi.org/10.1016/j.jebo.2016.06.011

Wyman, M, Barborak, J, Inamdar, N., & Stein, T. (2011). Best Practices for Tourism Concessions in Protected Areas: A Review of the Field. Forests, (2). https://doi.org/10.3390/f2040913 DOI: https://doi.org/10.3390/f2040913