Hidden Bibliographic Details
Other authors / contributors: | Ruhashyankiko, Jean-François, author.
Yehoue, Etienne B., author.
IMF Institute.
International Monetary Fund.
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ISBN: | 9781451908930 1451908938 146231550X 9781462315505 1452727953 9781452727950 1283511363 9781283511360 9786613823816 6613823813
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Digital file characteristics: | data file
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Notes: | Includes bibliographical references (pages 36-37). Restrictions unspecified 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. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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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
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Other form: | Print version: Hammami, Mona. Determinants of public-private partnership in infrastructure. [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006
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