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Timo Valila

Personal Details

First Name:Timo
Middle Name:
Last Name:Valila
Suffix:
RePEc Short-ID:pva648

Affiliation

(99%) European Investment Bank (EIB)

Luxembourg
http://www.eib.org/

: (+352) 43 79 1
(+352) 43 77 04
100, boulevard Konrad Adenauer, L-2950 Luxembourg
RePEc:edi:eibeulu (more details at EDIRC)

(1%) University College London, Bartlett School of Construction and Project Management

http://www.bartlett.ucl.ac.uk/cpm
UK, London

Research output

as
Jump to: Working papers Articles

Working papers

  1. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.
  2. Riscado, Sara Maria & Stančík, Juraj & Välilä, Timo, 2010. "Macro-fiscal volatility and the composition of public spending," Economic and Financial Reports 2010/3, European Investment Bank, Economics Department.
  3. Stančík, Juraj & Välilä, Timo, 2010. "changes in the fiscal stance and the composition of public spending," Economic and Financial Reports 2010/2, European Investment Bank, Economics Department.
  4. Valila, Timo, 2009. "No policy is an island - on the interaction between industrial and other policies," EIB Papers 7/2006, European Investment Bank, Economics Department.
  5. Gonzalez Alegre, Juan & Kappeler, Andreas & Kolev, Atanas & Valila, Timo, 2008. "Composition of government investment in Europe: Some forensic evidence," EIB Papers 2/2008, European Investment Bank, Economics Department.
  6. Blanc-Brude, Frederic & Goldsmith, Hugh & Valila, Timo, 2007. "Public-Private Partnerships In Europe: An Update," Economic and Financial Reports 2007/3, European Investment Bank, Economics Department.
  7. Peree, Eric & Valila, Timo, 2007. "A Primer on Public Investment in Europe, Old and New," Economic and Financial Reports 2007/1, European Investment Bank, Economics Department.
  8. Kappeler, Andreas & Valila, Timo, 2007. "Composition Of Public Investment And Fiscal Federalism: Panel Data Evidence From Europe," Economic and Financial Reports 2007/2, European Investment Bank, Economics Department.
  9. Blanc-Brude, Frederic & Goldsmith, Hugh & Valila, Timo, 2007. "Ex Ante Construction Costs In The European Road Sector: A Comparison Of Public-Private Partnerships And Traditional Public Procurement," Economic and Financial Reports 2006/1, European Investment Bank, Economics Department.
  10. RIESS, Armin & Valila, Timo, 2006. "Industrial policy: a tale of innovators, champions, and B52s," EIB Papers 1/2006, European Investment Bank, Economics Department.
  11. Dudkin, Gerti & Valila, Timo, 2005. "Transaction Costs In Public-Private Partnerships: A First Look At The Evidence," Economic and Financial Reports 2005/3, European Investment Bank, Economics Department.
  12. VALILA, Timo & Kozluk, Tomasz & Mehrotra, Aaron, 2005. "Roads on a downhill? Trends in EU infrastructure investment," EIB Papers 1/2005, European Investment Bank, Economics Department.
  13. Peree, Eric & Valila, Timo, 2005. "Fiscal Rules And Public Investment," Economic and Financial Reports 2005/2, European Investment Bank, Economics Department.
  14. Valila, Timo, 2005. "How expensive are cost savings? On the economics of public-private partnerships," EIB Papers 4/2005, European Investment Bank, Economics Department.
  15. Valila, Timo & Mehrotra, Aaron, 2005. "Evolution And Determinants Of Public Investment In Europe," Economic and Financial Reports 2005/1, European Investment Bank, Economics Department.
  16. Timo T Valila, 1999. "Credibility of Central Bank Independence Revisited," IMF Working Papers 99/2, International Monetary Fund.

Articles

  1. Kappeler, Andreas & Solé-Ollé, Albert & Stephan, Andreas & Välilä, Timo, 2013. "Does fiscal decentralization foster regional investment in productive infrastructure?," European Journal of Political Economy, Elsevier, vol. 31(C), pages 15-25.
  2. Albert Solé-Ollé & Andreas Stephan & Timo Valilä, 2012. "Productivity and financing of regional transport infrastructure," Papers in Regional Science, Wiley Blackwell, vol. 91(3), pages 481-485, August.
  3. Timo Välilä, 2012. " Industrial policy beyond the crisis: Regional, national and international perspectives edited by David Bailey , Helena Lenihan and Josep-Maria Arauzo-Carod (eds). London and New York : Routledge , 20," Papers in Regional Science, Wiley Blackwell, vol. 91(4), pages 877-878, November.
  4. Juraj Stančík & Timo Välilä, 2012. "Changes in the fiscal stance and the composition of public spending," Empirical Economics, Springer, vol. 43(1), pages 199-217, August.
  5. Sara Maria Riscado & Juraj Stančík & Timo Välilä, 2011. "Macro‐Fiscal Volatility and the Composition of Public Spending," Fiscal Studies, Institute for Fiscal Studies, vol. 32(4), pages 511-538, December.
  6. Frédéric Blanc-Brude & Hugh Goldsmith & Timo Välilä, 2009. "A Comparison of Construction Contract Prices for Traditionally Procured Roads and Public–Private Partnerships," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 19-40, September.
  7. Kappeler, Andreas & Välilä, Timo, 2008. "Fiscal federalism and the composition of public investment in Europe," European Journal of Political Economy, Elsevier, vol. 24(3), pages 562-570, September.
  8. Aaron Mehrotra & Timo Välilä, 2006. "Public Investment in Europe: Evolution and Determinants in perspective," Fiscal Studies, Institute for Fiscal Studies, vol. 27(4), pages 443-471, December.
  9. G. Dudkin & T. Välilä, 2006. "Transaction Costs in Public-Private Partnerships: A First Look at the Evidence," Competition and Regulation in Network Industries, Intersentia, vol. 7(2), pages 307-331, June.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.

    Cited by:

    1. Halse, Askill H., 2016. "More for everyone: The effect of local interests on spending on infrastructure," European Journal of Political Economy, Elsevier, vol. 43(C), pages 41-56.
    2. Roy Bahl & Richard M. Bird, 2014. "Decentralization and Infrastructure: Principles and Practice," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1408, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    3. Kemmerling, Achim & Stephan, Andreas, 2015. "Comparative political economy of regional transport infrastructure investment in Europe," Journal of Comparative Economics, Elsevier, vol. 43(1), pages 227-239.
    4. Dr. Trudy Sutherland, 2017. "Managing Multi-Discipline Extended Programmes," EJMS European Journal of Multidisciplinary Studies Articles, European Center for Science Education and Research, vol. 5, EJMS May .
    5. Guccio, Calogero & Pignataro, Giacomo & Rizzo, Ilde, 2014. "Do local governments do it better? Analysis of time performance in the execution of public works," European Journal of Political Economy, Elsevier, vol. 34(C), pages 237-252.
    6. Zheng, Xinye & Song, Feng & Yu, Yihua & Song, Shunfeng, 2014. "In Search of Fiscal Interactions: A Spatial Analysis of Chinese Provincial Infrastructure Spending," MPRA Paper 61615, University Library of Munich, Germany.
    7. Jonas Frank & Jorge Martinez-Vazquez, 2014. "Decentralization And Infrastructure: From Gaps To Solutions," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1405, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    8. Grażyna Bukowska & Joanna Siwińska, 2016. "Czy konkurencja determinuje wielkość inwestycji gmin miejskich w Polsce?," Gospodarka Narodowa, Warsaw School of Economics, issue 6, pages 95-114.
    9. Guerriero, Carmine, 2013. "Endogenous Institutions and Economic Outcomes," MPRA Paper 70879, University Library of Munich, Germany, revised 21 Jan 2015.
    10. Maria Jennifer Grisorio & Francesco Prota, 2015. "The Impact of Fiscal Decentralization on the Composition of Public Expenditure: Panel Data Evidence from Italy," Regional Studies, Taylor & Francis Journals, vol. 49(12), pages 1941-1956, December.

  2. Valila, Timo, 2009. "No policy is an island - on the interaction between industrial and other policies," EIB Papers 7/2006, European Investment Bank, Economics Department.

    Cited by:

    1. Farla, Kristine, 2012. "Industrial policy for growth," MERIT Working Papers 039, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

  3. Gonzalez Alegre, Juan & Kappeler, Andreas & Kolev, Atanas & Valila, Timo, 2008. "Composition of government investment in Europe: Some forensic evidence," EIB Papers 2/2008, European Investment Bank, Economics Department.

    Cited by:

    1. Lorena Viñuela, 2014. "Trends and Quality of Decentralized Public Investment," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1407, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    2. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.
    3. Juraj Stančík & Timo Välilä, 2012. "Changes in the fiscal stance and the composition of public spending," Empirical Economics, Springer, vol. 43(1), pages 199-217, August.
    4. Roy Bahl & Richard M. Bird, 2014. "Decentralization and Infrastructure: Principles and Practice," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1408, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    5. Jäger, Philipp & Schmidt, Torsten, 2016. "The political economy of public investment when population is aging: A panel cointegration analysis," European Journal of Political Economy, Elsevier, vol. 43(C), pages 145-158.
    6. Sara Maria Riscado & Juraj Stančík & Timo Välilä, 2011. "Macro‐Fiscal Volatility and the Composition of Public Spending," Fiscal Studies, Institute for Fiscal Studies, vol. 32(4), pages 511-538, December.
    7. Inderst, Georg, 2013. "Private infrastructure finance and investment in Europe," EIB Working Papers 2013/02, European Investment Bank (EIB).
    8. Hans Pitlik & Margit Schratzenstaller, 2011. "Growth Implications of Structure and Size of Public Sectors," WIFO Working Papers 404, WIFO.
    9. Silvia Vignetti & Emanuela Sirtori, 2010. "Infrastructure investment opportunities in the New EU Member States: the role of regional policies," Working Papers 201003, CSIL Centre for Industrial Studies.

  4. Blanc-Brude, Frederic & Goldsmith, Hugh & Valila, Timo, 2007. "Public-Private Partnerships In Europe: An Update," Economic and Financial Reports 2007/3, European Investment Bank, Economics Department.

    Cited by:

    1. Stéphane Saussier & Carine Staropoli & Anne Yvrande-Billon, 2009. "Public Private Agreements, Institutions and Competition : when Economic Theory meets Facts," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00429712, HAL.
    2. Eoin REEVES, 2010. "Mind the gap: accountability and value for money in public private partnerships," Departmental Working Papers 2010-34, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    3. Krzysztof Wasowski, 2013. "Analiza wspolpracy sektora publicznego z doradcami zewnetrznymi w realizacji projektow w systemie koncesyjnym oraz w formie partnerstwa publiczno-prywatnego w Polsce (Analysis of public sector coopera," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 11(43), pages 136-155.
    4. Graeme A. Hodge & Carsten Greve & Anthony E. Boardman, 2010. "Introduction: The PPP Phenomenon and its Evaluation," Chapters,in: International Handbook on Public–Private Partnerships, chapter 1 Edward Elgar Publishing.
    5. Eoin Reeves, 2011. "The Only Game in Town: Public Private Partnerships in the Irish Water Services Sector," The Economic and Social Review, Economic and Social Studies, vol. 42(1), pages 95-111.
    6. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2009. "Soft Budgets and Renegotiations in Public-Private Partnerships," Cowles Foundation Discussion Papers 1723, Cowles Foundation for Research in Economics, Yale University.
    7. Kappeler, Andreas & Nemoz, Mathieu, 2010. "Public-Private Partnerships in Europe - Before and During the Recent Financial Crisis," Economic and Financial Reports 2010/4, European Investment Bank, Economics Department.
    8. Maria Basilio, 2010. "The determinants of private sector and multilateral development agencies' participation in infrastructure projects," Portuguese Stata Users' Group Meetings 2010 03, Stata Users Group.
    9. Peiqiu Guan & Jun Zhuang, 2015. "Modeling Public–Private Partnerships in Disaster Management via Centralized and Decentralized Models," Decision Analysis, INFORMS, vol. 12(4), pages 173-189, December.
    10. Frédéric Blanc-Brude & Hugh Goldsmith & Timo Välilä, 2009. "A Comparison of Construction Contract Prices for Traditionally Procured Roads and Public–Private Partnerships," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 19-40, September.
    11. Natalya Rakuta, 2015. "Life-Cycle Contracts in public procurement," Public administration issues, Higher School of Economics, issue 2, pages 53-78.
    12. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2011. "Public-Private Partnerships and Infrastructure Provision in the United States," Documentos de Trabajo 277, Centro de Economía Aplicada, Universidad de Chile.

  5. Peree, Eric & Valila, Timo, 2007. "A Primer on Public Investment in Europe, Old and New," Economic and Financial Reports 2007/1, European Investment Bank, Economics Department.

    Cited by:

    1. Campiglio, Emanuele, 2014. "The structural shift to green services: A two-sector growth model with public capital and open-access resources," Structural Change and Economic Dynamics, Elsevier, vol. 30(C), pages 148-161.
    2. Giulia FELICE, 2009. "Size and composition of public investment, structural change and growth," Departmental Working Papers 2009-28, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano, revised 27 Dec 2011.

  6. Blanc-Brude, Frederic & Goldsmith, Hugh & Valila, Timo, 2007. "Ex Ante Construction Costs In The European Road Sector: A Comparison Of Public-Private Partnerships And Traditional Public Procurement," Economic and Financial Reports 2006/1, European Investment Bank, Economics Department.

    Cited by:

    1. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," The Centre for Market and Public Organisation 08/199, Department of Economics, University of Bristol, UK.
    2. Graeme A. Hodge, 2010. "Reviewing Public–Private Partnerships: Some Thoughts on Evaluation," Chapters,in: International Handbook on Public–Private Partnerships, chapter 5 Edward Elgar Publishing.
    3. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Public-Private Partnerships : Risk Allocation and Value for Money," Discussion Paper 2014-022, Tilburg University, Center for Economic Research.
    4. Matti Siemiatycki, 2013. "Public–private partnerships in mega-projects: successes and tensions," Chapters,in: International Handbook on Mega-Projects, chapter 7, pages 133-157 Edward Elgar Publishing.
    5. Bonetti, Veronica & Caselli, Stefano & Gatti, Stefano, 2010. "Offtaking agreements and how they impact the cost of funding for project finance deals: A clinical case study of the Quezon Power Ltd Co," Review of Financial Economics, Elsevier, vol. 19(2), pages 60-71, April.
    6. Borgonovo, Emanuele & Gatti, Stefano, 2013. "Risk analysis with contractual default. Does covenant breach matter?," European Journal of Operational Research, Elsevier, vol. 230(2), pages 431-443.
    7. Mark Hellowell, 2010. "The UK’s Private Finance Initiative: History, Evaluation, Prospects," Chapters,in: International Handbook on Public–Private Partnerships, chapter 14 Edward Elgar Publishing.
    8. Elisabetta Iossa & David Martimort, 2009. "The Theory of Incentives Applied to the Transport Sector," CEDI Discussion Paper Series 09-04, Centre for Economic Development and Institutions(CEDI), Brunel University.
    9. Chen, Zhenhua & Daito, Nobuhiko & Gifford, Jonathon L., 2014. "Do State Fiscal Constraints Affect Implementation of Highway Public-Private Partnerships? A Panel Fixed Logit Assessment," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 53(2).
    10. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    11. Lauri Koskela & John Rooke & Mohan Siriwardena, 2016. "Evaluation of the Promotion of Through-Life Management in Public Private Partnerships for Infrastructure," Sustainability, MDPI, Open Access Journal, vol. 8(6), pages 1-23, June.
    12. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Anatomy of Public-Private Partnerships : Their Creation, Financing, and Renegotiations," Discussion Paper 2014-017, Tilburg University, Center for Economic Research.
    13. Meunier, David & Quinet, Emile, 2010. "Tips and Pitfalls in PPP design," Research in Transportation Economics, Elsevier, vol. 30(1), pages 126-138.
    14. Graeme Hodge & Carsten Greve, 2013. "Public–private partnership in developing and governing mega-projects," Chapters,in: International Handbook on Mega-Projects, chapter 9, pages 182-208 Edward Elgar Publishing.
    15. Teodora MANAILA (PADUCEL), 2011. "Public-Private Partnerships - A Component of Public Procurement System," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(6), pages 435-440, December.

  7. RIESS, Armin & Valila, Timo, 2006. "Industrial policy: a tale of innovators, champions, and B52s," EIB Papers 1/2006, European Investment Bank, Economics Department.

    Cited by:

    1. Bagheri Moghaddam, Nasser & Mousavi, Sayyed Moslem & Moallemi, Enayat A. & Nasiri, Masoud, 2012. "Formulating directional industry strategies for renewable energies in developing countries: The case study of Iran’s wind turbine industry," Renewable Energy, Elsevier, vol. 39(1), pages 299-306.

  8. Dudkin, Gerti & Valila, Timo, 2005. "Transaction Costs In Public-Private Partnerships: A First Look At The Evidence," Economic and Financial Reports 2005/3, European Investment Bank, Economics Department.

    Cited by:

    1. Lechosław Rojewski, 2008. "Contracting and Transaction Costs in the Public-Private Partnership. A Conception in the Light of the New Institutional Economy," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 21.
    2. Veronica Vecchi & Mark Hellowell, 2013. "Securing a Better Deal From Investors in Public Infrastructure Projects," Public Management Review, Taylor & Francis Journals, vol. 15(1), pages 109-129, January.
    3. Krzysztof Wasowski, 2013. "Analiza wspolpracy sektora publicznego z doradcami zewnetrznymi w realizacji projektow w systemie koncesyjnym oraz w formie partnerstwa publiczno-prywatnego w Polsce (Analysis of public sector coopera," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 11(43), pages 136-155.
    4. Marzanna Poniatowicz, 2017. "Transaction costs in the context of the requirements of effective finance management for local government units," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 16(3), pages 325-341, September.
    5. Fandel, Günter & Giese, Anke & Mohn, Brigitte, 2012. "Measuring synergy effects of a Public Social Private Partnership (PSPP) project," International Journal of Production Economics, Elsevier, vol. 140(2), pages 815-824.
    6. Athena Roumboutsos & Ancor Suárez Alemán & Robert Ågren, 2017. "Construction firms in public–private partnerships: a place to grow," Construction Management and Economics, Taylor & Francis Journals, vol. 35(10), pages 627-640, October.
    7. Antonio Sánchez Soliño & Pilar Gago de Santos, 2009. "Transaction Costs in Transport Public--Private Partnerships: Comparing Procurement Procedures," Transport Reviews, Taylor & Francis Journals, vol. 30(3), pages 389-406, May.
    8. Vecchi, Veronica & Hellowell, Mark & Gatti, Stefano, 2013. "Does the private sector receive an excessive return from investments in health care infrastructure projects? Evidence from the UK," Health Policy, Elsevier, vol. 110(2), pages 243-270.
    9. Mohammed A. Rajeh & John E. Tookey & James Olabode Bamidele Rotimi, 2015. "Developing a procurement path determination chart SEM-based approach," Construction Management and Economics, Taylor & Francis Journals, vol. 33(11-12), pages 921-941, December.

  9. VALILA, Timo & Kozluk, Tomasz & Mehrotra, Aaron, 2005. "Roads on a downhill? Trends in EU infrastructure investment," EIB Papers 1/2005, European Investment Bank, Economics Department.

    Cited by:

    1. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," The Centre for Market and Public Organisation 08/199, Department of Economics, University of Bristol, UK.
    2. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.
    3. Andrés Rodríguez-Pose & Yannis Psycharis & Vassilis Tselios, 2012. "Public investment and regional growth and convergence: Evidence from Greece," Working Papers 2012-05, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    4. Uppenberg, Kristian & Strauss, Hubert & Wagenvoort, Rien, 2011. "Financing infrastructure," EIB Economic Surveys, European Investment Bank, number 3.
    5. Blanc-Brude, Frederic & Goldsmith, Hugh & Valila, Timo, 2007. "Public-Private Partnerships In Europe: An Update," Economic and Financial Reports 2007/3, European Investment Bank, Economics Department.
    6. Inderst, Georg, 2013. "Private infrastructure finance and investment in Europe," EIB Working Papers 2013/02, European Investment Bank (EIB).
    7. Hans Pitlik & Margit Schratzenstaller, 2011. "Growth Implications of Structure and Size of Public Sectors," WIFO Working Papers 404, WIFO.
    8. Hans Pitlik, 2010. "Fiscal Governance and Government Investment in Europe since the 1990s," WIFO Working Papers 370, WIFO.

  10. Peree, Eric & Valila, Timo, 2005. "Fiscal Rules And Public Investment," Economic and Financial Reports 2005/2, European Investment Bank, Economics Department.

    Cited by:

    1. Pierre Richard Agénor & Devrim Yilmaz, 2006. "The Tyranny of Rules: Fiscal Discipline, Productive Spending, and Growth," The School of Economics Discussion Paper Series 0616, Economics, The University of Manchester.
    2. P R Agénor & D Yilmaz, 2006. "The Tyranny of Rules: Fiscal Discipline, Productive Spending, and Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 73, Economics, The Univeristy of Manchester.

  11. Valila, Timo, 2005. "How expensive are cost savings? On the economics of public-private partnerships," EIB Papers 4/2005, European Investment Bank, Economics Department.

    Cited by:

    1. Galilea, Patricia & Medda, Francesca, 2010. "Does the political and economic context influence the success of a transport project? An analysis of transport public-private partnerships," Research in Transportation Economics, Elsevier, vol. 30(1), pages 102-109.
    2. André De Palma & Guillaume Prunier & Luc E. Leruth, 2009. "Towards a Principal-Agent Based Typology of Risks in Public-Private Partnerships," IMF Working Papers 09/177, International Monetary Fund.
    3. Ward Romp & Jakob de Haan, 2007. "Public Capital and Economic Growth: A Critical Survey," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(s1), pages 6-52, April.
    4. Byoun, Soku & Xu, Zhaoxia, 2014. "Contracts, governance, and country risk in project finance: Theory and evidence," Journal of Corporate Finance, Elsevier, vol. 26(C), pages 124-144.

  12. Valila, Timo & Mehrotra, Aaron, 2005. "Evolution And Determinants Of Public Investment In Europe," Economic and Financial Reports 2005/1, European Investment Bank, Economics Department.

    Cited by:

    1. Wagenvoort, Rien & de Nicola, Carlo & Kappeler, Andreas, 2010. "Infrastructure finance in Europe: Composition, evolution and crisis impact," EIB Papers 1/2010, European Investment Bank, Economics Department.
    2. Ivan Tchakarov & Roland Straub, 2007. "Assessing the Impact of a Change in the Composition of Public Spending; A DSGE Approach," IMF Working Papers 07/168, International Monetary Fund.
    3. Estache, Antonio, 2010. "Infrastructure finance in developing countries: An overview," EIB Papers 8/2010, European Investment Bank, Economics Department.
    4. Agenor, Pierre-Richard & Moreno-Dodson, Blanca, 2006. "Public infrastructure and growth : new channels and policy implications," Policy Research Working Paper Series 4064, The World Bank.
    5. Jorg Bibow, 2013. "Lost at Sea: The Euro Needs a Euro Treasury," Economics Working Paper Archive wp_780, Levy Economics Institute.
    6. Straub, Roland & Tchakarov, Ivan, 2007. "Assessing the impact of a change in the composition of public spending: a DSGE approach," Working Paper Series 795, European Central Bank.
    7. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2010. "The economics of infrastructure finance: Public-private partnerships versus public provision," Documentos de Trabajo 276, Centro de Economía Aplicada, Universidad de Chile.
    8. Walid BENAYED & Foued Badr GABSI & Samia OMRANE BELGUITH, 2015. "Threshold Effect of Public Debt on Domestic Investment: Evidence from Selected African Countries," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(605), W), pages 189-198, Winter.
    9. Dreger, Christian & Reimers, Hans-Eggert, 2014. "On the Relationship between Public and Private Investment in the Euro Area," IZA Discussion Papers 8002, Institute for the Study of Labor (IZA).
    10. Stewart, James, 2010. "The UK National Infrastructure Plan 2010," EIB Papers 6/2010, European Investment Bank, Economics Department.
    11. Francisco de Castro Fernández & José Manuel González Mínguez, 2008. "The composition of public finances and long-term growth: a macroeconomic approach," Occasional Papers 0809, Banco de España;Occasional Papers Homepage.
    12. Bitsch, Florian & Buchner, Axel & Kaserer, Christoph, 2010. "Risk, return and cash flow characteristics of infrastructure fund investments," EIB Papers 4/2010, European Investment Bank, Economics Department.
    13. Jörg Bibow, 2013. "Lost at Sea:The Euro Needs a Euro Treasury," FMG Special Papers sp227, Financial Markets Group.
    14. Fay, Marianne & Iimi, Atsushi & Perrissin-Fabert, Baptiste, 2010. "Financing greener and climate-resilient infrastructure in developing countries - challenges and opportunities," EIB Papers 7/2010, European Investment Bank, Economics Department.
    15. Peree, Eric & Valila, Timo, 2005. "Fiscal Rules And Public Investment," Economic and Financial Reports 2005/2, European Investment Bank, Economics Department.
    16. Jörg Bibow, 2013. "Lost at Sea: The Euro Needs a Euro Treasury," IMK Studies 35-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    17. Helm, Dieter, 2010. "Infrastructure and infrastructure finance: The role of the government and the private sector in the current world," EIB Papers 5/2010, European Investment Bank, Economics Department.
    18. Dreger, Christian & Reimers, Hans-Eggert, 2016. "Does public investment stimulate private investment? Evidence for the euro area," Economic Modelling, Elsevier, vol. 58(C), pages 154-158.
    19. Vítor Castro, 2007. "The Impact of the European Union Fiscal Rules on Economic Growth," NIPE Working Papers 10/2007, NIPE - Universidade do Minho.
    20. Jef Vuchelen & Stijn Caekelbergh, 2010. "Explaining public investment in Western Europe," Applied Economics, Taylor & Francis Journals, vol. 42(14), pages 1783-1796.
    21. Inderst, Georg, 2010. "Infrastructure as an asset class," EIB Papers 3/2010, European Investment Bank, Economics Department.

  13. Timo T Valila, 1999. "Credibility of Central Bank Independence Revisited," IMF Working Papers 99/2, International Monetary Fund.

    Cited by:

    1. Anis Chowdhury, 2002. "DOES INFLATION AFFECT ECONOMIC GROWTH? The relevance of the debate for Indonesia," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 7(1), pages 20-34.

Articles

  1. Kappeler, Andreas & Solé-Ollé, Albert & Stephan, Andreas & Välilä, Timo, 2013. "Does fiscal decentralization foster regional investment in productive infrastructure?," European Journal of Political Economy, Elsevier, vol. 31(C), pages 15-25.
    See citations under working paper version above.
  2. Frédéric Blanc-Brude & Hugh Goldsmith & Timo Välilä, 2009. "A Comparison of Construction Contract Prices for Traditionally Procured Roads and Public–Private Partnerships," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 35(1), pages 19-40, September.

    Cited by:

    1. Elisabetta Iossa & David Martimort, 2008. "The Simple Micro-Economics of Public-Private Partnerships," The Centre for Market and Public Organisation 08/199, Department of Economics, University of Bristol, UK.
    2. Frédéric Blanc-Brude, 2014. "Discussion of Finance and Public-Private Partnerships," RBA Annual Conference Volume,in: Alexandra Heath & Matthew Read (ed.), Financial Flows and Infrastructure Financing Reserve Bank of Australia.
    3. Aidan Vining & Anthony Boardman, 2014. "Self-interest Springs Eternal: Political Economy Reasons why Public-Private Partnerships Do Not Work as Well as Expected," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 12(3), pages 17-23, October.
    4. Paul Terna Gbahabo & Oluseye Samuel Ajuwon, 2017. "Effects of Project Cost Overruns and Schedule Delays in Sub-Saharan Africa," EJIS European Journal of Interdisciplinary Studies Articles, European Center for Science Education and Research, vol. 7, EJIS Janu.
    5. Miranda Sarmento, J.J., 2014. "Public private partnerships," Other publications TiSEM c7d4c978-234c-4f88-83ed-1, Tilburg University, School of Economics and Management.
    6. Chen, Zhenhua & Daito, Nobuhiko & Gifford, Jonathan L., 2017. "Socioeconomic impacts of transportation public-private partnerships: A dynamic CGE assessment," Transport Policy, Elsevier, vol. 58(C), pages 80-87.
    7. Willoughby, Christopher, 2013. "How much can public private partnership really do for urban transport in developing countries?," Research in Transportation Economics, Elsevier, vol. 40(1), pages 34-55.

  3. Kappeler, Andreas & Välilä, Timo, 2008. "Fiscal federalism and the composition of public investment in Europe," European Journal of Political Economy, Elsevier, vol. 24(3), pages 562-570, September.

    Cited by:

    1. Septimiu-Rares SZABO, 2017. "The Empirical Relationship Between Fiscal Decentralization And Economic Growth: A Review Of Variables, Models And Results," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 9(2), pages 47-66, June.
    2. Geys, Benny & Heinemann, Friedrich & Kalb, Alexander, 2009. "Voter involvement, fiscal autonomy and public sector efficiency: evidence from German municipalities
      [Wähler-Beteiligung, Finanzhoheit und Effizienz des öffentlichen Sektors: Aussagen von deutschen
      ," Discussion Papers, Research Unit: Market Processes and Governance SP II 2009-02, Social Science Research Center Berlin (WZB).
    3. Lorena Viñuela, 2014. "Trends and Quality of Decentralized Public Investment," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1407, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    4. Vahagn Galstyan & Adnan Velic, 2017. "Taxation, Debt and Relative Prices in the Long Run: The Irish Experience," The Economic and Social Review, Economic and Social Studies, vol. 48(3), pages 231-251.
    5. Nadia Fiorino & Emma Galli & Fabio Padovano, 2015. "How long does it take for government decentralization to affect corruption?," Economics of Governance, Springer, vol. 16(3), pages 273-305, August.
    6. Nadia Fiorino & Emma Galli & Fabio Padovano, 2013. "Do fiscal decentralization and government fragmentation affect corruption in different ways? Evidence from a panel data analysis," Chapters,in: The Challenge of Local Government Size, chapter 5, pages 121-147 Edward Elgar Publishing.
    7. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.
    8. Vahagn Galstyan & Philip R. Lane, 2009. "The Composition of Government Spending and the Real Exchange Rate," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(6), pages 1233-1249, September.
    9. Juraj Stančík & Timo Välilä, 2012. "Changes in the fiscal stance and the composition of public spending," Empirical Economics, Springer, vol. 43(1), pages 199-217, August.
    10. Daniel Oto Peralías & Diego Romero-Ávila & Carlos Usabiaga, 2013. "Does fiscal decentralization mitigate the adverse effects of corruption on public deficit?," EcoMod2013 5690, EcoMod.
    11. Fiorenza Venturini, 2018. "The Unintended Composition Effect of the Subnational Government Fiscal Rules: The Case of Italian Municipalities," Working papers 70, Società Italiana di Economia Pubblica.
    12. Padovano, Fabio, 2012. "The drivers of interregional policy choices: Evidence from Italy," European Journal of Political Economy, Elsevier, vol. 28(3), pages 324-340.
    13. Loayza, Norman V. & Rigolini, Jamele & Calvo-Gonzalez, Oscar, 2011. "More than you can handle : decentralization and spending ability of Peruvian municipalities," Policy Research Working Paper Series 5763, The World Bank.
    14. Norman Gemmell & Richard Kneller & Ismael Sanz, 2013. "Fiscal Decentralization And Economic Growth: Spending Versus Revenue Decentralization," Economic Inquiry, Western Economic Association International, vol. 51(4), pages 1915-1931, October.
    15. Luiz de Mello & Douglas Sutherland, 2014. "Financing Infrastructure," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1409, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    16. Grisorio, Maria Jennifer & Prota, Francesco, 2015. "The short and the long run relationship between fiscal decentralization and public expenditure composition in Italy," Economics Letters, Elsevier, vol. 130(C), pages 113-116.
    17. Moussé Sow & Ivohasina F Razafimahefa, 2015. "Fiscal Decentralization and the Efficiency of Public Service Delivery," IMF Working Papers 15/59, International Monetary Fund.
    18. Neyapti, Bilin, 2010. "Fiscal decentralization and deficits: International evidence," European Journal of Political Economy, Elsevier, vol. 26(2), pages 155-166, June.
    19. Yongzheng Liu, 2014. "Does competition for capital discipline governments? The role of fiscal equalization," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(3), pages 345-374, June.
    20. Jia, Junxue & Guo, Qingwang & Zhang, Jing, 2014. "Fiscal decentralization and local expenditure policy in China," China Economic Review, Elsevier, vol. 28(C), pages 107-122.
    21. Guccio, Calogero & Pignataro, Giacomo & Rizzo, Ilde, 2014. "Do local governments do it better? Analysis of time performance in the execution of public works," European Journal of Political Economy, Elsevier, vol. 34(C), pages 237-252.
    22. Luiz de Mello, 2012. "Fiscal decentralization and public investment," Chapters,in: Decentralization and Reform in Latin America, chapter 5, pages iii-iii Edward Elgar Publishing.
    23. Jonas Frank & Jorge Martinez-Vazquez, 2014. "Decentralization And Infrastructure: From Gaps To Solutions," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1405, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    24. Agnese Sacchi & Simone Salotti, 2012. "A comprehensive anlysis of expenditure decentralization and of the composition of local public spending," Departmental Working Papers of Economics - University 'Roma Tre' 0155, Department of Economics - University Roma Tre.
    25. International Monetary Fund, 2015. "Romania; Selected Issues," IMF Staff Country Reports 15/80, International Monetary Fund.
    26. Philip Bodman & Harry Campbell & Kelly-Ana Heaton & Andrew Hodge, "undated". "Fiscal Decentralisation, Macroeconomic Conditions and Economic Growth in Australia," MRG Discussion Paper Series 2609, School of Economics, University of Queensland, Australia.

  4. Aaron Mehrotra & Timo Välilä, 2006. "Public Investment in Europe: Evolution and Determinants in perspective," Fiscal Studies, Institute for Fiscal Studies, vol. 27(4), pages 443-471, December.

    Cited by:

    1. Peree, Eric & Valila, Timo, 2007. "A Primer on Public Investment in Europe, Old and New," Economic and Financial Reports 2007/1, European Investment Bank, Economics Department.
    2. Lorena Viñuela, 2014. "Trends and Quality of Decentralized Public Investment," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1407, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    3. Andreas Kappeler & Albert Solé-Ollé & Andreas Stephan & Timo Välilä, 2012. "Does fiscal decentralization foster regional investment in productive infrastructure?," ERSA conference papers ersa12p60, European Regional Science Association.
    4. Pedro Gomes & Francois Pouget, 2008. "Corporate Tax Competition and the Decline of Public Investment," CESifo Working Paper Series 2384, CESifo Group Munich.
    5. Juraj Stančík & Timo Välilä, 2012. "Changes in the fiscal stance and the composition of public spending," Empirical Economics, Springer, vol. 43(1), pages 199-217, August.
    6. Gomes, Pedro & Pouget, Francois, 2008. "Corporate tax competition and public capital stock," LSE Research Online Documents on Economics 6536, London School of Economics and Political Science, LSE Library.
    7. Nicholas Crafts, 2014. "Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?," The Economic and Social Review, Economic and Social Studies, vol. 45(1), pages 87-112.
    8. Hagen, Tobias & Mohl, Philipp, 2009. "How does EU cohesion policy work? Evaluating its effects on fiscal outcome variables," ZEW Discussion Papers 09-051, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    9. Jäger, Philipp & Schmidt, Torsten, 2016. "The political economy of public investment when population is aging: A panel cointegration analysis," European Journal of Political Economy, Elsevier, vol. 43(C), pages 145-158.
    10. Juan González Alegre, 2012. "An evaluation of EU regional policy. Do structural actions crowd out public spending?," Public Choice, Springer, vol. 151(1), pages 1-21, April.
    11. Pedro Gomes & Davide Debortoli, 2012. "Labor and Profit Taxation, and the Supply of Public Capital," 2012 Meeting Papers 325, Society for Economic Dynamics.
    12. Yongzheng Liu, 2014. "Does competition for capital discipline governments? The role of fiscal equalization," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(3), pages 345-374, June.
    13. Nicholas Crafts, 2013. "Long-Term Growth in Europe: What Difference does the Crisis Make?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 224(1), pages 14-28, May.
    14. Zheng, Xinye & Song, Feng & Yu, Yihua & Song, Shunfeng, 2014. "In Search of Fiscal Interactions: A Spatial Analysis of Chinese Provincial Infrastructure Spending," MPRA Paper 61615, University Library of Munich, Germany.
    15. Inklaar, Robert & Yang, Jing, 2012. "The impact of financial crises and tolerance for uncertainty," Journal of Development Economics, Elsevier, vol. 97(2), pages 466-480.
    16. Kappeler, Andreas & Välilä, Timo, 2008. "Fiscal federalism and the composition of public investment in Europe," European Journal of Political Economy, Elsevier, vol. 24(3), pages 562-570, September.
    17. António Afonso & João Tovar Jalles, 2011. "Linking Investment and Fiscal Policies," Working Papers Department of Economics 2011/16, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    18. Hans Pitlik, 2010. "Fiscal Governance and Government Investment in Europe since the 1990s," WIFO Working Papers 370, WIFO.
    19. Gomes, Pedro & Pouget, Francois, 2008. "Corporate tax competition and the decline of public investment," Working Paper Series 928, European Central Bank.
    20. Pellervo Hamalainen, 2009. "Review of literature on the productivity of public capital," Discussion Papers 55, Aboa Centre for Economics.

  5. G. Dudkin & T. Välilä, 2006. "Transaction Costs in Public-Private Partnerships: A First Look at the Evidence," Competition and Regulation in Network Industries, Intersentia, vol. 7(2), pages 307-331, June.
    See citations under working paper version above.

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 8 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-PBE: Public Economics (6) 2009-05-02 2009-12-19 2010-04-17 2010-04-17 2012-04-23 2012-10-13. Author is listed
  2. NEP-EEC: European Economics (3) 2009-05-02 2009-12-19 2010-04-17
  3. NEP-GEO: Economic Geography (2) 2012-04-23 2012-10-13
  4. NEP-MAC: Macroeconomics (2) 2009-04-25 2009-12-19
  5. NEP-TRE: Transport Economics (2) 2012-04-23 2012-10-13
  6. NEP-EUR: Microeconomic European Issues (1) 2012-04-23
  7. NEP-PUB: Public Finance (1) 2012-04-23
  8. NEP-URE: Urban & Real Estate Economics (1) 2012-04-23

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