Determinants of public-private partnerships in infrastructure / / prepared by Mona Hammami, Jean-Francois Ruhashyankiko, and Etienne B. Yehoue

• Autore: Hammami Mona
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, IMF Institute, 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (39 p.)
• Soggetto topico: Public-private sector cooperation; Infrastructure (Economics)
• Altri autori: RuhashyankikoJean-Francois YehoueEtienne B
• 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
• 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.: 9910822788803321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/06/99.