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Public-Private Partnerships

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  • Federico Etro

    () (Department of Economics, University of Milan-Bicocca)

Abstract

I study Public-Private Partnerships (PPP) as investments in public infrastructures that are alternative compared to direct public investments. I consider different forms of PPP, discussing their relative advantages from the point of view of incomplete contract theory and principal-agent relations. I also provide an empirical investigation concerning recent PPP projects in Europe and Italy.

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File URL: http://dipeco.economia.unimib.it/repec/pdf/mibwpaper120.pdf
File Function: First version, 2007
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Bibliographic Info

Paper provided by University of Milano-Bicocca, Department of Economics in its series Working Papers with number 120.

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Length: 37 pages
Date of creation: 2007
Date of revision: 2007
Handle: RePEc:mib:wpaper:120

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