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Soft Budgets and Renegotiations in Public-Private Partnerships

Engel, Eduardo M. R. A.; Fischer, Ronald D.; Galetovic, … - 2009

potential to increase efficiency and improve resource allocation, contract renegotiations have been pervasive. We show that … renegotiations in the early stages of the contract, e.g. during construction. We use data on Chilean renegotiations of PPP contracts …

Persistent link: https://www.econbiz.de/10014204667

Renegotiations in public-private partnerships : theory and evidence ; prepared for the Roundtable: Public Private Partnerships for Transport Infrastructure: Renegotiations, how to...

Engel, Eduardo; Fischer, Ronald; Galetovic P., Alexander - 2014 - Rev. November 2014

, contract renegotiations are common and make us question the benefits to PPPs. Under current accounting standards, PPPs allow …

Persistent link: https://www.econbiz.de/10010478590

Renegotiation Costs and Debt Contract Design

Ferracuti, Elia - 2018

effect of renegotiation costs on initial contract terms. TD9599 materially reduced the tax burden of renegotiating U … setting, we examine the implications of incomplete contracting theory for debt contract design. Consistent with incomplete …

Persistent link: https://www.econbiz.de/10012933816

Flexibilität in langfristigen Verträgen : Eine ökonomische Analyse des vertraglichen Nachverhandlungsdesigns bei PPP-Projekten

Gehrt, Jirka - 2010

Grundlagen -- Wesentliche Begriffe und Untersuchungsfokus -- Grundlegende ökonomische Erkenntnisse zu Nachverhandlungen -- Vertragliches Nachverhandlungsdesign für PPP-Projekte -- Leistungsanpassungen auf Anforderung der öffentlichen Hand -- Private Finanzierung: Nachverhandlungsdesign und...