Public-Private Partnerships A Public Economics Perspective

Efraim Sadka

84 citations0/0 files storedCESifo Economic Studies

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Public-Private Partnership Projects Fiscal Policy and Economic Growth Economic Policies and Impacts

Abstract

Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs. (JEL codes: H54, L33)

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1979On the Determination of the Public Debt 1993A Theory of Incentives in Procurement and Regulation 1994A theory of incentives in procurement and regulation 1996Income distribution, political instability, and investment 1983Optimal fiscal and monetary policy in an economy without capital 1974Public Finance in Theory and Practice.1993Income Distribution, Political Instability, and Investment 2001Incentives versus Transaction Costs: A Theory of Procurement Contracts

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2008Pro-social Motivation and the Delivery of Social Services 2010Transport pricing and Public-Private Partnerships in theory: Issues and Suggestions 2016Conceptualising public-private partnerships

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