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Public-private partnerships: A multidimensional model for contracting

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  • Zarco-Jasso, Hugo

    (IESE Business School)

Abstract

This paper considers the relationships between public and private organizations entering into public-private partnerships (PPPs) within the context of New Public Management (NPM). After offering a brief discussion of similarities and differences between public and private organizations and their relationships, it provides a short overview of how PPPs are organized in practice. Through elaborating on three dimensions of differentiation between public and private organizations -ownership, funding and control- it proposes a matrix model for identifying a suitable "dimensional mix" for PPP contracts.

Suggested Citation

  • Zarco-Jasso, Hugo, 2005. "Public-private partnerships: A multidimensional model for contracting," IESE Research Papers D/584, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-0584
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    File URL: http://www.iese.edu/research/pdfs/DI-0584-E.pdf
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    References listed on IDEAS

    as
    1. Oliver Hart, 2003. "Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships," Economic Journal, Royal Economic Society, vol. 113(486), pages 69-76, March.
    2. Williamson, Oliver E, 1999. "Public and Private Bureaucracies: A Transaction Cost Economics Perspective," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 15(1), pages 306-342, April.
    3. Oliver Hart & Andrei Shleifer & Robert W. Vishny, 1997. "The Proper Scope of Government: Theory and an Application to Prisons," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1127-1161.
    4. Spiller, Pablo T, 1996. "Institutions and Commitment," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 421-452.
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    Cited by:

    1. Miranda Sarmento, J. & Renneboog, L.D.R., 2014. "Public-Private Partnerships : Risk Allocation and Value for Money," Other publications TiSEM b9218010-a357-4c0a-805a-7, Tilburg University, School of Economics and Management.
    2. Graeme A. Hodge & Carsten Greve & Anthony E. Boardman, 2010. "Introduction: The PPP Phenomenon and its Evaluation," Chapters, in: Graeme A. Hodge & Carsten Greve & Anthony E. Boardman (ed.), International Handbook on Public–Private Partnerships, chapter 1, Edward Elgar Publishing.

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    More about this item

    Keywords

    Public-private partnerships; hybrid organizations; contractual choices; qualitative comparative analysis;
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