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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.

Suggested Citation

  • Federico Etro, 2007. "Public-Private Partnerships," Working Papers 120, University of Milano-Bicocca, Department of Economics, revised 2007.
  • Handle: RePEc:mib:wpaper:120
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    File URL: http://dems.unimib.it/repec/pdf/mibwpaper120.pdf
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