Determinants of public-private partnerships in infrastructure /

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Bibliographic Details
Author / Creator:Hammami, Mona, author.
Imprint:[Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Description:1 online resource (37 pages) : illustrations
Language:English
Series:IMF working paper ; WP/06/99
IMF working paper ; WP/06/99.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495495
Hidden Bibliographic Details
Other authors / contributors:Ruhashyankiko, Jean-François, author.
Yehoue, Etienne B., author.
IMF Institute.
International Monetary Fund.
ISBN:9781451908930
1451908938
146231550X
9781462315505
1452727953
9781452727950
1283511363
9781283511360
9786613823816
6613823813
Digital file characteristics:data file
Notes:Includes bibliographical references (pages 36-37).
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Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:This paper presents an empirical analysis of the cross-country and cross-industry determinants of public-private partnership (PPP) arrangements. We find that PPPs tend to be more common in countries where governments suffer from heavy debt burdens and where aggregate demand and market size are large. Our findings also suggest that macroeconomic stability is essential for PPPs. We provide evidence on the importance of institutional quality, where less corruption and effective rule of law are associated with more PPP projects. PPPs are also more prevalent in countries with previous PPP experiences. At the industry level, we find that PPP determinants vary across industries depending on the nature of public infrastructure, capital intensity, and technology required. We also find that private participation in PPP projects depends on the expected marketability, the technology required, and the degree of "impurity" of the goods or services
Other form:Print version: Hammami, Mona. Determinants of public-private partnership in infrastructure. [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006