Contractual Design and PPPs for Hospitals: Lessons for the Portuguese Model

32 Pages Posted: 12 May 2008

See all articles by Pedro P. Barros

Pedro P. Barros

Universidade Nova de Lisboa

Xavier Martínez-Giralt

Universitat Autonoma de Barcelona

Date Written: March 2008

Abstract

Recently the Portuguese Government announced the launching of public-private partnerships (PPPs) to build hospitals with the distinctive feature that infrastructure construction and clinical activities management will be awarded to separate private parties. Also, one of the parties will be in charge of providing soft facilities. We explore alternative configurations of contracts and assess whether the equilibrium allocations attain the first-best solution.

Keywords: Public-private partnerships, contract design

JEL Classification: I11, I18

Suggested Citation

Pita Barros, Pedro Luis and Martínez-Giralt, Xavier, Contractual Design and PPPs for Hospitals: Lessons for the Portuguese Model (March 2008). Available at SSRN: https://ssrn.com/abstract=1128951 or http://dx.doi.org/10.2139/ssrn.1128951

Pedro Luis Pita Barros (Contact Author)

Universidade Nova de Lisboa ( email )

Campus de Campolide
Lisboa, 1099-032
Portugal
+351 21 383 3624 (Phone)
+351 21 388 6073 (Fax)

HOME PAGE: http://ppbarros.fe.unl.pt

Xavier Martínez-Giralt

Universitat Autonoma de Barcelona ( email )

CODE and Departament d'Economia
Edifici B
Bellaterra 08193, Barcelona
Spain
343 581 21 92 (Phone)
343 581 24 61 (Fax)

HOME PAGE: http://pareto.uab.cat/xmg/

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