Showing 1 - 10 of 36
There is a strong economic rationale for close cooperation between the public and private sectors. This has resulted in a significant increase in the demand for the provision of public services through instruments combining public and private money such as public-private partnerships (PPPs or...
Persistent link: https://www.econbiz.de/10012685204
Intro -- Contents -- I. INTRODUCTION -- II. THE SCOPE OF PUBLIC-PRIVATE PARTNERSHIPS -- III. BUILD-OPERATE -- IV. IDENTIFICATION OF THE ENDOGENOUS AND EXOGENOUS RISKS -- V. "WHITE ELEPHANTS" -- VI. COST-BENEFIT ANALYSIS: PRICES AND DISCOUNT RATES -- VII. THE ALLOCATION OF RISK BETWEEN THE PUBLIC...
Persistent link: https://www.econbiz.de/10012691080
This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to...
Persistent link: https://www.econbiz.de/10012677663
maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules … instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the … financing to meet Tanzania's infrastructure needs. It begins with a brief survey of the evidence on the relationship bet …
Persistent link: https://www.econbiz.de/10012677684
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in …
Persistent link: https://www.econbiz.de/10010959467
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...
Persistent link: https://www.econbiz.de/10005263883
reducing costs of doing business, improving financial access, and developing infrastructure, could stimulate corporate …
Persistent link: https://www.econbiz.de/10009654154
Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper … examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two … intensity of private capital in production, and (iv) the relative productivity of public infrastructure. In deriving these …
Persistent link: https://www.econbiz.de/10009654171
context, the paper highlights the need for fiscal policies to address infrastructure gaps, stimulate private consumption and … public spending rather than increasing borrowing. Supporting structural reforms, aiming to stimulate private infrastructure …
Persistent link: https://www.econbiz.de/10008727808
This paper examines the impact of ongoing cross-border integration of securities market infrastructure in the European …-tier regulatory framework for securities infrastructure in Europe entailing the creation of a centralized "federal" European …
Persistent link: https://www.econbiz.de/10005768823