The Degree of Private Participation in PPPs: Evidence from Developing and Emerging Economies
The Degree of Private Participation in PPPs: Evidence from Developing and Emerging Economies
复制标题
私人参与 PPP 的程度：来自发展中经济体和新兴经济体的证据
DOI：
10.1108/978-1-78714-493-420171003
复制
发表时间：
2017
期刊：
影响因子：
--
通讯作者：
Maria Basílio
中科院分区：
文献类型：
--
作者：
Maria Basílio
摘要
公私合作伙伴关系（PPP）在世界范围内被用来缩小基础设施差距。公共实体鼓励私营部门通过公私伙伴关系参与，但这种承诺的程度受到若干因素的影响，这些因素与具体的公私伙伴关系项目以及东道国的体制和经济环境有关。本章的目的是对发展中国家和新兴国家私营部门参与公私伙伴关系程度的决定因素进行实证分析。本章利用世界银行生产者价格指数（PPI）数据库提供的2000年至2014年数据，探讨了解释私人参与公私伙伴关系程度的分数响应模型。结果表明，项目类型是私营部门参与程度的一个关键决定因素。有利的财政条件和政府的明确支持（直接或间接）增加了私人参与的程度。多边支持减少了私人参与，强调了替代效应。同样，私营部门的参与似乎是克服金融体系薄弱国家失败的一种替代办法。这些结果对公共当局特别重要。本章确定了可促进私营部门参与公私伙伴关系的关键因素。虽然公私伙伴关系的扩大是一个广为接受的现实，但仍然缺乏探索影响私营部门参与程度的因素的实证研究。本章专门讨论这一主题。
Abstract
Public–Private Partnerships (PPPs) are used worldwide to reduce the infrastructure gap. Public entities encourage private sector involvement through PPPs, but the degree of such commitment is affected by several factors, related to the specific PPP project and to the institutional and economic environment in the host country. The purpose of this chapter is to perform an empirical analysis of the determinants of the degree of private sector participation in PPPs in developing and emerging countries. This chapter explores fractional response models to explain the degree of private participation in PPPs using data from 2000 to 2014, obtained from the World Bank’s PPI database. The results suggest that the type of project is a key determinant of the degree of private sector involvement. Favourable fiscal conditions and the existence of explicit support from the government (direct or indirect) increase the degree of private involvement. Multilateral support reduces private participation, emphasizing a substitution effect. In the same way, private sector involvement appears as a substitute to overcome failures in countries with poor financial systems. The results are particularly important for public authorities. This chapter identifies key factors that can foster private sector involvement in PPPs. Although the expansion of PPPs is a well-accepted reality, empirical studies that explore factors that affect the degree of private sector involvement are still lacking. This chapter particularly addresses this topic.
影响因子：
2.5
作者：
Beck, T;Clarke, G;Walsh, P
通讯作者：
Walsh, P