Examining the institutional drivers of public-private partnership (PPP) market performance: a fuzzy set qualitative comparative analysis (fsQCA)

Carter B. Casady

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Public-Private Partnership Projects Public Policy and Administration Research Global Educational Policies and Reforms

Abstract

This study explores whether different constellations of institutional factors create unique causal ‘paths’ to mature PPP market performance. Using fuzzy set Qualitative Comparative Analysis (fsQCA), the institutional settings of 48 different PPP markets across Latin American and the Caribbean (LAC), Central and Eastern Europe, the Middle East, and Africa (CEMA), and the Asia-Pacific region (APAC) are examined. The results show market reliability, political and social will, and regulatory regimes are necessary, but alone not sufficient, conditions for mature PPP market performance. The absence of market transparency also appears to be far less problematic for PPP market performance than previously assumed.

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References

1983The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields 1995Managing Legitimacy: Strategic and Institutional Approaches 2007Theory Building From Cases: Opportunities And Challenges 2009Configurational Comparative Methods: Qualitative Comparative Analysis (QCA) and Related Techniques 2014The Comparative Method 2007Public–Private Partnerships: An International Performance Review 1994Institutional Environments and Organizations: Structural Complexity and Individualism 2001Fuzzy-Set Social Science

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