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

• Autore: Yehoue Etienne
• 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
• 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
• Serie: IMF Working Papers; Working Paper ; ; No. 2006/099