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Determinants of Public-Private Partnerships in Infrastructure / / Etienne Yehoue, Mona Hammami, Jean-François Ruhashyankiko



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Autore: Yehoue Etienne Visualizza persona
Titolo: Determinants of Public-Private Partnerships in Infrastructure / / Etienne Yehoue, Mona Hammami, Jean-François Ruhashyankiko Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica: 1 online resource (39 p.)
Soggetto topico: Public-private sector cooperation
Infrastructure (Economics)
Exports and Imports
Foreign Exchange
Infrastructure
Macroeconomics
Public Finance
National Government Expenditures and Related Policies: Infrastructures
Other Public Investment and Capital Stock
Investment
Capital
Intangible Capital
Capacity
Trade: General
Aggregate Factor Income Distribution
Public finance & taxation
Currency
Foreign exchange
International economics
Public investment and public-private partnerships (PPP)
Purchasing power parity
Exports
Purchasing power
Saving and investment
Income
Soggetto geografico: United States
Altri autori: HammamiMona  
RuhashyankikoJean-François  
Note generali: "April 2006."
Nota di bibliografia: Includes bibliographical references (p. 36-37).
Nota di contenuto: ""Content""; ""I. INTRODUCTION""; ""II. THEORETICAL BACKGROUND""; ""III. SPECIFICATIONS AND EMPIRICAL METHODOLOGY""; ""IV. DATA DESCRIPTION""; ""V. ESTIMATION RESULTS AND DISCUSSIONS""; ""VI. CONCLUDING REMARKS""; ""References""
Sommario/riassunto: 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.
Titolo autorizzato: Determinants of Public-Private Partnerships in Infrastructure  Visualizza cluster
ISBN: 1-4623-1550-X
1-4527-2795-3
1-283-51136-3
1-4519-0893-8
9786613823816
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910788414403321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2006/099