Universitat de Barcelona
2015-09-18T06:26:44Z
2015-09-18T06:26:44Z
2015
2015-09-18T06:26:45Z
Public-Private-Partnerships are long-term, relational contracts between a public-sector sponsor and a private partner to deliver infrastructure projects across a range of economic sectors. Efficiency gains may derive from risk transfer and bundling different tasks within a single contract. We study the factors explaining the scope of bundling. We focus on the choice between weak vertical integration, which includes operational tasks alone or construction tasks alone, versus strong vertical integration, which involves the combination of operational and construction tasks. We utilize a new data set that includes 553 PPPs concluded in the U.S. between 1985 and 2013.
Working document
English
Integració vertical; Privatització; Empreses públiques; Cooperació empresarial; Projecte d'empresa; Vertical Integration; Privatization; Government business enterprises; Enterprise cooperation; Business planning
Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública
Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2015/201518.pdf
IREA – Working Papers, 2015, IR15/18
[WP E-IR15/18]
cc-by-nc-nd, (c) Albalate et al., 2015
http://creativecommons.org/licenses/by-nc-nd/3.0/
