There is a drive towards delivering and operating public infrastructure through public-private partnership rather than traditional public procurement. The assessment of the value for money achieved by the two alternative approaches rests in the cost of financing and their efficiency in delivery...

An introduction to public-private partnerships --P3s across Canada --Assessing P3s : the public sector --The procurement process --Risk allocation --The project agreement --Financing P3 projects --Pass-down of risk part I : common principles --Pass-down of risk part II : construction --Pass-down...

This paper analysis the welfare changes arising from a road project, undertaken as a public-private partnership, measured as the variation in utility, using a sequentially dynamic general equilibrium model. To circumvent the budget restriction imposed by the central government, the Azorean...