03160nam 2200637 a 450 991082278880332120200520144314.01-4623-1550-X1-4527-2795-31-283-51136-31-4519-0893-89786613823816(CKB)3360000000443376(EBL)3012562(SSID)ssj0000940116(PQKBManifestationID)11512682(PQKBTitleCode)TC0000940116(PQKBWorkID)10946364(PQKB)10990014(OCoLC)535146972(IMF)WPIEE2006099(MiAaPQ)EBC3012562(EXLCZ)99336000000044337620090811d2006 uy 0engur|n|---|||||txtccrDeterminants of public-private partnerships in infrastructure /prepared by Mona Hammami, Jean-Francois Ruhashyankiko, and Etienne B. Yehoue1st ed.[Washington, D.C.] International Monetary Fund, IMF Institute20061 online resource (39 p.)IMF working paper ;WP/06/99"April 2006."1-4518-6359-4 Includes bibliographical references (p. 36-37).""Content""; ""I. INTRODUCTION""; ""II. THEORETICAL BACKGROUND""; ""III. SPECIFICATIONS AND EMPIRICAL METHODOLOGY""; ""IV. DATA DESCRIPTION""; ""V. ESTIMATION RESULTS AND DISCUSSIONS""; ""VI. CONCLUDING REMARKS""; ""References""This paper presents an empirical analysis of the cross-country and cross-industry determinants of public-private partnership (PPP) arrangements. We find that PPPs tend to be more common in countries where governments suffer from heavy debt burdens and where aggregate demand and market size are large. Our findings also suggest that macroeconomic stability is essential for PPPs. We provide evidence on the importance of institutional quality, where less corruption and effective rule of law are associated with more PPP projects. PPPs are also more prevalent in countries with previous PPP experiences. At the industry level, we find that PPP determinants vary across industries depending on the nature of public infrastructure, capital intensity, and technology required. We also find that private participation in PPP projects depends on the expected marketability, the technology required, and the degree of "impurity" of the goods or services.IMF working paper ;WP/06/99.Public-private sector cooperationInfrastructure (Economics)Public-private sector cooperation.Infrastructure (Economics)Hammami Mona1649687Ruhashyankiko Jean-Francois0Yehoue Etienne B1160516International Monetary Fund.IMF Institute.MiAaPQMiAaPQMiAaPQBOOK9910822788803321Determinants of Public-Private Partnerships in Infrastructure3998572UNINA