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Public-Private Partnerships: A Public Economics Perspective

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  • Efraim Sadka

Abstract

Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs. (JEL codes: H54, L33) Copyright , Oxford University Press.

Suggested Citation

  • Efraim Sadka, 2007. "Public-Private Partnerships: A Public Economics Perspective," CESifo Economic Studies, CESifo Group, vol. 53(3), pages 466-490, September.
    • Handle: RePEc:oup:cesifo:v:53:y:2007:i:3:p:466-490
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    File URL: http://hdl.handle.net/10.1093/cesifo/ifm013
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    Citations

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    Cited by:

    1. David Martimort & Flavio Menezes & Myrna Wooders & ELISABETTA IOSSA & DAVID MARTIMORT, 2015. "The Simple Microeconomics of Public-Private Partnerships," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 4-48, February.
    2. Nikolai Mouraviev & Nada K. Kakabadse, 2014. "Risk allocation in a public-private partnership: a case study of construction and operation of kindergartens in Kazakhstan," Journal of Risk Research, Taylor & Francis Journals, vol. 17(5), pages 621-640, May.
    3. Kjell Hausken & Jun Zhuang, 2016. "The strategic interaction between a company and the government surrounding disasters," Annals of Operations Research, Springer, vol. 237(1), pages 27-40, February.
    4. Hausken, Kjell & Zhuang, Jun, 2013. "The impact of disaster on the strategic interaction between company and government," European Journal of Operational Research, Elsevier, vol. 225(2), pages 363-376.
    5. Morasch, Karl & Tóth, Rita Orsolya, 2008. "Assigning tasks in public infrastructure projects: Specialized private agents or public private partnerships?," Working Papers in Economics 2008,2, Bundeswehr University Munich, Economic Research Group.
    6. Kjell Hausken & Jun Zhuang, 2016. "How companies and governments react to disasters," Journal of Risk and Reliability, , vol. 230(4), pages 417-426, August.
    7. Jie Xiong & Shuming Wang & Tsan Sheng Ng, 2021. "Robust Bilevel Resource Recovery Planning," Production and Operations Management, Production and Operations Management Society, vol. 30(9), pages 2962-2992, September.
    8. Mouraviev Nikolai, 2021. "Rapid Public-Private Partnership Deployment in Kazakhstan: Enablers and Implications," NISPAcee Journal of Public Administration and Policy, Sciendo, vol. 14(2), pages 189-221, December.
    9. Gawel, Erik, 2011. "Political drivers of and barriers to Public-Private Partnerships: The role of political involvement," Working Papers 98, University of Leipzig, Faculty of Economics and Management Science.
    10. Roger Vickerman & Emil Evenhuis, 2010. "Transport Pricing and Public-Private Partnerships," Studies in Economics 1004, School of Economics, University of Kent.
    11. Alessandro Petretto, 2013. "On the Fuzzy Boundaries between Public and Private in Health-Care Organization and Funding Systems," Rivista di Politica Economica, SIPI Spa, issue 1, pages 327-370, January-M.
    12. Evenhuis, Emil & Vickerman, Roger, 2010. "Transport pricing and Public-Private Partnerships in theory: Issues and Suggestions," Research in Transportation Economics, Elsevier, vol. 30(1), pages 6-14.
    13. Rodrigo Nobre Fernandez & André Carraro & Ronald Otto Hillbrecht, 2016. "Efficiency, cost and benefits in contracts of public-private partnerships [Efficiency, cost and benefits in contracts of public-private partnerships]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 26(2), pages 369-392, May-Augus.

    More about this item

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

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