Optimal capital structure of public-private joint ventures / / prepared by Marian Moszoro and Pawel Gasiorowski

• Autore: Moszoro Marian
• Pubblicazione: Washington, D.C., : International Monetary Fund, Office of the Executive Director, c2008
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (15 p.)
• Disciplina: 330.12
• Soggetto topico: Public-private sector cooperation - Finance - Econometric models; Partnership - Finance
• Altri autori: GasiorowskiPawe
• Note generali: "January 2008."
• Nota di bibliografia: Includes bibliographical references (p. 12-13).
• Nota di contenuto: Contents; I. Introduction; II. The Relationships Within the Model; III. Determining the Optimal Public-Private Capital Structure; Figures; 1. Area of efficient public-private financing (discrete model); IV. Conclusions; 2. Area of efficient public-private financing (continuous model); References
• Sommario/riassunto: This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to the public entity. The paper shows how different knowledge transfer schemes determine an optimal shareholding structure of the PPP. Under the assumption of lower capital cost of the public partner and lower development outlays when the investment is carried out by a private investor, an optimal capital structure is achieved with both the public and the private parties as shareholders.
• Altri titoli varianti: Optimal capital structure of public-private partnerships
• Titolo autorizzato: Optimal capital structure of public-private joint ventures
• ISBN: 1-4623-7296-1; 1-4527-4304-5; 1-283-51365-X; 9786613826107; 1-4519-1316-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910811444503321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/08/1.