Determinants of public–private partnership policies

Jordi Rosell · Ángel Saz‐Carranza

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Public-Private Partnership Projects Public Policy and Administration Research Fiscal Policy and Economic Growth

Abstract

This article analyses the determinants of a country’s PPP policies. Using the World Bank’s 135-country Procuring Infrastructure PPPs 2018 database, we examine the role of legal traditions, European Union membership, transparency and macroeconomic indicators on the policies governing the adoption, procurement and management of PPPs in infrastructures. We find that transparency has a positive effect on the quality of PPP policies. Scandinavian countries are reluctant to enter into PPPs, while European Union legislation has a positive impact only on the procurement process. Macroeconomic indicator effects are weak on PPP score; larger government’s revenues reduce country’s PPP appetite.

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References

1983The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields 1997Legal Determinants of External Finance 2001Varieties of Capitalism 1999The quality of government 2004Public Management Reform 2017Public–private partnership in Public Administration discipline: a literature review 2008Transcending New Public Management: The Transformation of Public Sector Reforms 2004Success and failure mechanisms of public private partnerships (PPPs) in developing countries

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