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economics need to be addressed simultaneously to facilitate private infrastructure investment financing. …, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and … developing economies. Controlling for economic characteristics, we find that overall private participation of infrastructure …
Persistent link: https://www.econbiz.de/10012454088
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under … advantage in building infrastructure. At the same time, hard budget constraints for PPPs introduce a bankruptcy risk and …
Persistent link: https://www.econbiz.de/10012316973
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under … advantage in building infrastructure. At the same time, hard budget constraints for PPPs introduce a bankruptcy risk and …
Persistent link: https://www.econbiz.de/10012312988
participation in financing infrastructure in emerging markets and developing economies. Controlling for economic and institutional … competition is associated with an increase in private participation in infrastructure through greenfield projects, concessions …
Persistent link: https://www.econbiz.de/10012994813
How should the different tasks in an infrastructure project be allocated to private and public agents, respectively … informational asymmetries and investment incentives. The advantage of bundling tasks within a PPP is shown to depend crucially on …
Persistent link: https://www.econbiz.de/10003811593
Public-private partnerships (PPPs) involve the supply by the private sector of infrastructure and services deriving … from infrastructure assets which have traditionally been supplied by the public sector. PPPs are spreading all over the …
Persistent link: https://www.econbiz.de/10012780170
Explication of reality may draw tools outside the phenomenon. That is the essence of case study, and the epistemological motivation of this paper. The paper illuminates the space of PPP policy in the UK. Yet, that illumination raises questions that stand to guide other countries, and the paper...
Persistent link: https://www.econbiz.de/10012864792
show that a revenue-maximizing government can optimally trade-off direct subsidies for capital investment against the right …
Persistent link: https://www.econbiz.de/10011925624
investment and increase the government's expected payoff, even while taking into account the costs that the public sector will …
Persistent link: https://www.econbiz.de/10012195007
How should the different tasks in an infrastructure project be allocated to private and public agents, respectively … informational asymmetries and investment incentives. The advantage of bundling tasks within a PPP is shown to depend crucially on …
Persistent link: https://www.econbiz.de/10014211142