Fabre, Anaïs and Straub, Stéphane (2023) The impact of Public Private Partnerships (PPPs) in infrastructure, health and education. Journal of Economic Literature, vol. 61 (n° 2). pp. 655-715.

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Identification Number : 10.1257/jel.20211607

Abstract

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.

Item Type: Article
Language: English
Date: June 2023
Refereed: Yes
Place of Publication: Nashville, TN
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 07 Jul 2023 07:34
Last Modified: 21 Feb 2024 11:07
OAI Identifier: oai:tse-fr.eu:126363
URI: https://publications.ut-capitole.fr/id/eprint/44172

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