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Public Private Agreements, Institutions and Competition : when Economic Theory meets Facts

Author

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  • Stéphane Saussier

    (GREGOR - Groupe de Recherche en Gestion des Organisations - UP1 - Université Paris 1 Panthéon-Sorbonne - IAE Paris - Sorbonne Business School)

  • Carine Staropoli

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Anne Yvrande-Billon

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

While, in practice, the participation of private actors at the local and national government levels through various types of contractual agreements has been increasing over the last decades, there are still few studies on the functioning and performances of such relationships. Our aim is to highlight some significant theoretical and empirical issues concerning Public–Private Agreements. We first assess the potential sources of efficiency of such contractual agreements. We then examine the selection issue which is a crucial stage for the efficiency of such agreement. Finally, we stress the importance of the institutional framework showing how it might affect the agreements' efficiency.

Suggested Citation

  • Stéphane Saussier & Carine Staropoli & Anne Yvrande-Billon, 2009. "Public Private Agreements, Institutions and Competition : when Economic Theory meets Facts," Post-Print hal-00429712, HAL.
    • Handle: RePEc:hal:journl:hal-00429712
    DOI: 10.1007/s11151-009-9226-z
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    Cited by:

    1. Yildiz, Özgür, 2016. "Public-private partnerships, incomplete contracts, and distributional fairness – when payments matter," MPRA Paper 74552, University Library of Munich, Germany.
    2. Filippini, M. & Koller, M. & Masiero, G., 2015. "Competitive tendering versus performance-based negotiation in Swiss public transport," Transportation Research Part A: Policy and Practice, Elsevier, vol. 82(C), pages 158-168.
    3. Marian MOSZORO, 2014. "Efficient Public-Private Capital Structures," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(1), pages 103-126, March.
    4. Viegas, José M., 2010. "Questioning the need for full amortization in PPP contracts for transport Infrastructure," Research in Transportation Economics, Elsevier, vol. 30(1), pages 139-144.
    5. Buso, Marco & Moretto, Michele & Zormpas, Dimitrios, 2021. "Excess returns in Public-Private Partnerships: Do governments pay too much?," Economic Modelling, Elsevier, vol. 102(C).
    6. Deng, Zhongqi & Song, Shunfeng & Chen, Yongjun, 2016. "Private participation in infrastructure project and its impact on the project cost," China Economic Review, Elsevier, vol. 39(C), pages 63-76.
    7. Schmitz, Patrick W., 2017. "Incomplete contracts, shared ownership, and investment incentives," Journal of Economic Behavior & Organization, Elsevier, vol. 144(C), pages 153-165.
    8. Holstenkamp, Lars, 2019. "What do we know about cooperative sustainable electrification in the global South? A synthesis of the literature and refined social-ecological systems framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 109(C), pages 307-320.
    9. Andaluz-Alcazar, Alvaro, 2012. "Choix d'investissement sous incertitude des gestionnaires des réseaux de distribution (GRD) en Europe à l'horizon 2030," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10862 edited by Keppler, Jan Horst.
    10. Kruger, Wikus & Nygaard, Ivan & Kitzing, Lena, 2021. "Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa," Energy Policy, Elsevier, vol. 148(PB).
    11. Mehdi Guelmamen, 2024. "Organizational Pathways in Drinking Water Governance: A Literature Review," Working Papers of BETA 2024-48, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    12. David Martimort & Flavio Menezes & Myrna Wooders & DANIEL DANAU & ANNALISA VINELLA, 2015. "Public-Private Contracting under Limited Commitment," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 78-110, February.
    13. Natalya Rakuta, 2015. "Life-Cycle Contracts in public procurement," Public administration issues, Higher School of Economics, issue 2, pages 53-78.

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