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Responsabilité politique et design contractuel des Partenariats Public Privé

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  • Laure Athias

Abstract

This paper studies political accountability under various contractual forms of Public Private Partnerships. A critical aspect of any ppp contract is the allocation of demand risk between the public authority and the private provider. We show that contracts in which the private provider bears demand risk motivate more the public authority from responding to customer needs. The policy implication is that the current trend towards a greater resort to contracts in which private providers do not bear demand risk may not be optimal in terms of allocative efficiency. Classification JEL : D23, H1, L5, 017.

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 60 (2009)
Issue (Month): 4 ()
Pages: 1011-1021

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Handle: RePEc:cai:recosp:reco_604_1011

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Cited by:
  1. Laure ATHIAS & Raphael SOUBEYRAN, 2012. "Less Risk, More Effort: Demand Risk Allocation in Incomplete Contracts," Working Papers 12-20, LAMETA, Universtiy of Montpellier, revised Jun 2012.

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