We estimate the role of private investments in irrigation in farm productivity growth in West Bengal, India between 1982 and 95. Using a state-wide farm panel, we find that falling groundwater costs generated significant growth in value added per acre for farms. These resulted from investments...

It is already a well known fact that public-private partnerships (PPPs) are considered to be a solution for world wide governments facing insufficient public budgets. In the context of the current economic crisis, many voices promote public-private part

The goal of this paper is to develop the theoretical framework of the public goods provision. This theoretic contribution is based on the critical analysis of mainstream economics theories dealing with public goods as market failure (neoclassical economics and neoliberalism) and on the results...

The infrastructure financing market has gone through a process of radical transformation starting from the mid-2000s. Different reasons – including a changed macroeconomic environment, more stringent regulations on financial intermediaries, and a modified appetite for long-term asset...

This paper investigates the determinants of public health expenditure in a public-private mixed health care system, where a longer wait time for public care is the major difference between public and private sectors. Voter preferences for health care vary according to their age and by income,...

The electric power industry is moving away from a regulated utility model, toward a deregulated marketbased model—thereby intending to improve system efficiency by reducing generation costs and customer prices, while at the same time improving capital expenditures and service reliability....

This paper is an empirical survey on both the provision and the funding of childcare services in Italy. To this purpose, national financial laws, regional laws as well as Italian municipalities’ budgets are analyzed. First of all we describe the funding mechanism of the service pointing out...

Conflicts in the water sector are now well-known, and also increasingly researched by economists, particularly in relation to major ideological differences over state-run versus privatized municipal systems. A major dividing line is over how to access and sustain the financing required to expand...

Im Jahr 2009 bezogen 2,3 Millionen Menschen Leistungen der gesetzlichen Pflegeversicherung. Bis 2020 wird diese Zahl um ein Fünftel steigen und sich bis 2050 mehr als verdoppelt haben. Auf einen solchen Anstieg ist die Finanzierung der Pflegeversicherung jedoch nicht angelegt. Spätestens nach...

This paper analyzes the potential and the limits of project finance for the provision of local public services and compares them with alternative instruments in the light of current regulation. The main requirements for project finance, even in non pure forms, to justify its complex network of...