View metadata

dc.titlePolitical Determinants of Public-Private Partnerships
dc.contributor.authorPrats Cabrera, Joan Oriol
dc.contributor.authorHarris, Helen
dc.contributor.authorPáez, Juan Andrés
dc.contributor.orgunitVice-Presidency for Countries and Regional Integration
dc.coverageLatin America and the Caribbean
dc.date.available2021-09-15T00:00:00
dc.date.issue2021-09-15T00:00:00
dc.description.abstractDuring the last three decades, Public Private Partnerships (PPPs) have emerged as a new contractual arrangement to provide infrastructure investment and services. Examining the evolution of PPPs contracts in emerging countries, this paper analyses the role played by political institutions and partisanship showing that: (i) PPPs are more used when governmental and legislative transaction costs increase; and (ii) political partisanship does not explain the use and consolidation of PPPs as a contractual arrangement. The paper also confirms the relevance of macroeconomic and institutional quality variability variables found in previous literature and sheds new light regarding the political economy of PPPs, especially on how political governance structures shape incentives for using PPPs as a contractual mechanism.
dc.format.extent26
dc.identifier.doihttp://dx.doi.org/10.18235/0003619
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Political-Determinants-of-Public-Private-Partnerships.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectPublic Private Partnership
dc.subjectInfrastructure Development
dc.subjectInfrastructure Investment
dc.subject.jelcodeH54 - Infrastructures • Other Public Investment and Capital Stock
dc.subject.keywordsinstitutional/political determinants of PPPs;investment;public-privatePartnerships
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-02283
idb.operationRG-T3600
Return to Publication