NDLI: Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

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Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

Content Provider	Scilit
Author	Lee, Minsoo Han, Xuehui Gaspar, Raymond Elizarde Alano, Emmanuel
Copyright Year	2018
Description	Journal: SSRN Electronic Journal The provision of infrastructure and related services in developing Asia via public–private partnership (PPP) increased rapidly during the late 1990s. Theoretical arguments support the potential economic benefits of PPPs, but empirical evidence is thin. This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines how PPPs affect the aggregate economy. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region’s efforts to further upgrade its technical and institutional capacity to handle complex PPP contracts.
Related Links	https://www.econstor.eu/bitstream/10419/203391/1/1030278164.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3339098
ISSN	10914358
e-ISSN	15565068
DOI	10.2139/ssrn.3339098
Journal	SSRN Electronic Journal
Language	English
Publisher	Elsevier BV
Publisher Date	2018-01-01
Access Restriction	Open
Subject Keyword	Journal: SSRN Electronic Journal Development Studies Poverty Reduction Public–private Partnership
Content Type	Text
Resource Type	Article
Subject	Public Health, Environmental and Occupational Health Psychiatry and Mental Health

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