05294oam 22012854 450 991097515020332120250426110452.097866138238169781462315505146231550X978145272795014527279539781283511360128351136397814519089301451908938(CKB)3360000000443376(EBL)3012562(SSID)ssj0000940116(PQKBManifestationID)11512682(PQKBTitleCode)TC0000940116(PQKBWorkID)10946364(PQKB)10990014(OCoLC)535146972(IMF)WPIEE2006099(MiAaPQ)EBC3012562(IMF)WPIEA2006099WPIEA2006099(EXLCZ)99336000000044337620020129d2006 uf 0engur|n|---|||||txtccrDeterminants of Public-Private Partnerships in Infrastructure /Etienne Yehoue, Mona Hammami, Jean-François Ruhashyankiko1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (39 p.)IMF Working Papers"April 2006."9781451863598 1451863594 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 Papers; Working Paper ;No. 2006/099Public-private sector cooperationInfrastructure (Economics)Aggregate Factor Income DistributionimfCapacityimfCapitalimfCurrencyimfExports and ImportsimfExportsimfForeign ExchangeimfForeign exchangeimfIncomeimfInfrastructureimfIntangible CapitalimfInternational economicsimfInvestmentimfMacroeconomicsimfNational Government Expenditures and Related Policies: InfrastructuresimfOther Public Investment and Capital StockimfPublic finance & taxationimfPublic FinanceimfPublic investment and public-private partnerships (PPP)imfPublic-private sector cooperationimfPurchasing power parityimfPurchasing powerimfSaving and investmentimfTrade: GeneralimfUnited StatesimfPublic-private sector cooperation.Infrastructure (Economics)Aggregate Factor Income DistributionCapacityCapitalCurrencyExports and ImportsExportsForeign ExchangeForeign exchangeIncomeInfrastructureIntangible CapitalInternational economicsInvestmentMacroeconomicsNational Government Expenditures and Related Policies: InfrastructuresOther Public Investment and Capital StockPublic finance & taxationPublic FinancePublic investment and public-private partnerships (PPP)Public-private sector cooperationPurchasing power parityPurchasing powerSaving and investmentTrade: GeneralYehoue Etienne1160516Hammami Mona1649687Ruhashyankiko Jean-François1816358International Monetary Fund.IMF Institute.DcWaIMFBOOK9910975150203321Determinants of Public-Private Partnerships in Infrastructure4372879UNINA