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PPI Partnerships vs. PPI Divorces in LDCs

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  • Antonio Estache

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Abstract

In the last 15 years, a variety of public private-partnerships in infrastructure have been adopted throughout the developing and transition world. Because many of these experiences are also turning sour, it seems important to separate facts from emotions. The paper argues that the wide differences in interpretations of the facts can be explained by differences in the assessment criteria used to assess the incremental effect of reforms. It is also driven by the sectors, the regions and the actors on which the analysis tends to focus. Copyright Springer 2006

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File URL: http://hdl.handle.net/10.1007/s11151-006-9107-7
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Bibliographic Info

Article provided by Springer in its journal Review of Industrial Organization.

Volume (Year): 29 (2006)
Issue (Month): 1 (September)
Pages: 3-26

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Handle: RePEc:kap:revind:v:29:y:2006:i:1:p:3-26

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Web page: http://www.springerlink.com/link.asp?id=100336

Related research

Keywords: infrastructure privatization; regulation;

References

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  1. Antonio Estache & Tim Coelli & Sergio Perelman & Lourdes Trujillo, 2003. "A Primer on Efficiency Measurement for Utilities and Transport Regulators," ULB Institutional Repository 2013/44106, ULB -- Universite Libre de Bruxelles.
  2. Antonio Estache & D. Benitez & O. Chisari, 2003. "Can the gains from Argentina's utilities reform offset credit shocks?," ULB Institutional Repository 2013/44069, ULB -- Universite Libre de Bruxelles.
  3. Antonio Estache & J. Campos & Nadine Martin & Lourdes Trujillo, 2003. "Macroeconomic Effects of Private Sector Participation in Infrastructure," ULB Institutional Repository 2013/44067, ULB -- Universite Libre de Bruxelles.
  4. Estache, Antonio & Pinglo, Maria Elena, 2004. "Are returns to private infrastructure in developing countries consistent with risks since the Asian crisis?," Policy Research Working Paper Series 3373, The World Bank.
  5. Antonio Estache & Martin Rossi, 2004. "Do regulation and ownership drive the efficiency of electricity distribution? Evidence from Latin America," ULB Institutional Repository 2013/13370, ULB -- Universite Libre de Bruxelles.
  6. Antonio Estache & MartÌn A. Rossi, 2002. "How Different Is the Efficiency of Public and Private Water Companies in Asia?," World Bank Economic Review, World Bank Group, vol. 16(1), pages 139-148, June.
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Citations

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Cited by:
  1. Auriol, Emmanuelle & Picard, Pierre M, 2011. "A Theory of BOT Concession Contracts," CEPR Discussion Papers 8323, C.E.P.R. Discussion Papers.
  2. Jensen, Olivia & Blanc-Brude, Frederic, 2006. "The handshake : why do governments and firms sign private sector participation deals ? Evidence from the water and sanitation sector in developing countries," Policy Research Working Paper Series 3937, The World Bank.
  3. Marques, Rui Cunha & Berg, Sanford V, 2010. "Revisiting the strengths and limitations of regulatory contracts in infrastructure industries," MPRA Paper 32890, University Library of Munich, Germany.
  4. Antonio Estache & Liam Wren-Lewis, 2009. "Toward a Theory of Regulation for Developing Countries: Following Jean-Jacques Laffont's Lead," Journal of Economic Literature, American Economic Association, vol. 47(3), pages 729-70, September.
  5. Athias, Laure & Nunez, Antonio, 2008. "The more the merrier? Number of bidders, information dispersion, renegotiation and winner’s curse in toll road concessions," MPRA Paper 10539, University Library of Munich, Germany.
  6. Jean-Michel Glachant & Stéphane Saussier, 2006. "Introduction," Review of Industrial Organization, Springer, vol. 29(1), pages 1-2, September.
  7. Hulya Dagdeviren & Simon A. Robertson, 2009. "Access to Water in the Slums of the Developing World," Working Papers 57, International Policy Centre for Inclusive Growth.
  8. Kikeri, Sunita & Kolo, Aishetu, 2005. "Privatization : trends and recent developments," Policy Research Working Paper Series 3765, The World Bank.
  9. Antonio Estache & L. Wren-Lewis, 2008. "Towards a Theory of Regulation for Developing Countries: Following Laffont's Lead," Working Papers ECARES 2008_018, ULB -- Universite Libre de Bruxelles.
  10. Athias, Laure, 2007. "Political accountability, incentives, and Contractual design of public private partnerships," MPRA Paper 10538, University Library of Munich, Germany.
  11. Stéphane Saussier & Carine Staropoli & Anne Yvrande-Billon, 2009. "Public–Private Agreements, Institutions, and Competition: When Economic Theory Meets Facts," Review of Industrial Organization, Springer, vol. 35(1), pages 1-18, September.
  12. Kenny, Charles & Soreide, Tina, 2008. "Grand Corruption in Utilities," Policy Research Working Paper Series 4805, The World Bank.
  13. Athias, Laure & Saussier, Stéphane, 2007. "Contractual flexibility or rigidity for public private partnerships? Theory and evidence from infrastructure concession contracts," MPRA Paper 10541, University Library of Munich, Germany.
  14. de Brux, Julie, 2010. "The Dark and Bright Sides of Renegotiation: An Application to Transport Concession Contracts," Utilities Policy, Elsevier, vol. 18(2), pages 77-85, June.

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