RT Journal Article
SR 00
ID 10.1257/jel.20211607
A1 Fabre, Anaïs
A1 Straub, Stéphane
T1 The impact of Public Private Partnerships (PPPs) in infrastructure, health and education
JF Journal of Economic Literature
YR 2023
FD 2023-06
VO vol. 61
IS n° 2
SP 655
OP 715
AB This paper summarizes what is known about the impact of public–private partnerships (PPPs) in the three sectors where they have been used intensively: infrastructure (energy, transport, water and sanitation, and telecommunications), education, and health. It lays out the main elements of economic theory relevant to analyzing the trade-off between PPPs and the public provision of complex projects. It places PPPs within a historical perspective. It reviews empirical evaluations of the effectiveness of PPPs and, whenever possible, the implications for social outcomes. Finally, it draws conclusions on cross-cutting issues that influence the efficiency of PPPs, from contract design and regulation to renegotiations and institutional issues. The paper straightens out and qualifies the record of existing evidence and signals some of the main areas and topics for future fruitful research.
PB American Economic Association
SN 0022-0515
LK https://publications.ut-capitole.fr/id/eprint/44172/
UL http://tse-fr.eu/pub/126363