Public-Private Partnerships—A Public Economics Perspective

Posted: 28 Sep 2009

See all articles by Efraim Sadka

Efraim Sadka

Tel Aviv University - Eitan Berglas School of Economics; National Bureau of Economic Research (NBER); CESifo (Center for Economic Studies and Ifo Institute); IZA Institute of Labor Economics

Date Written: September 2007

Abstract

Public-private partnerships (PPPs) are spreading all over the world. It may be quite plausible that they were initially started mainly as an attempt to evade expenditure controls and hide public budget deficits. But if they are properly designed and transparently reported, PPPs can play a useful role in enhancing the efficiency of the provision of services that were supplied before solely by the public sector. This article provides a public economics perspective on PPPs. (JEL codes: H54, L33)

Keywords: PPP, private-finance initiative, build-operate-transfer

Suggested Citation

Sadka, Efraim, Public-Private Partnerships—A Public Economics Perspective (September 2007). CESifo Economic Studies, Vol. 53, Issue 3, pp. 466-490, 2007. Available at SSRN: https://ssrn.com/abstract=1479133 or http://dx.doi.org/10.1093/cesifo/ifm013

Efraim Sadka (Contact Author)

Tel Aviv University - Eitan Berglas School of Economics ( email )

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+972 3 640 9712 (Phone)
+972 3 642 8074 (Fax)

National Bureau of Economic Research (NBER)

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CESifo (Center for Economic Studies and Ifo Institute)

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Germany

HOME PAGE: http://www.CESifo.de

IZA Institute of Labor Economics

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