Please use this identifier to cite or link to this item: http://hdl.handle.net/2445/67766
Title: Does the mixed company model provide value for money? An analysis of different local infrastucture sectors
Author: Cruz, Nuno Ferreira da
Marques, Rui Cunha
Keywords: Infraestructura (Economia)
Concessions administratives
Empreses públiques
Infrastructure (Economics)
Concessions
Government business enterprises
Issue Date: 2011
Publisher: Universitat de Barcelona. Facultat d'Economia i Empresa. Economia i territori. Càtedra Pasqual Maragall
Abstract: This paper looks at the use of institutionalised public‐private partnership (PPP) arrangements by local governments for the delivery of different types of infrastructure. It starts by analysing the mixed company model from a theoretical point of view, in particular the potential for internal regulation and the achievement of relational agreements. Then, after discussing the practicalities of crafting this type of governance structure, the examination of four Portuguese case‐studies is provided. The empirical evidence on mixed companies operating in the water, waste, transportation and education sectors shows that the extreme complexity involved in the whole life‐cycle management of these companies, usually leads to poor outcomes from a social welfare point of view.
Note: Reproducció del document publicat a: http://www.ub.edu/catedramaragall/old/eng/WP-2-2011final.pdf
It is part of: Càtedra Pasqual Maragall d'Economia i Territori – Documents de treball, WP 02/2011
URI: http://hdl.handle.net/2445/67766
Appears in Collections:Documents de Treball (Càtedra Pasqual Maragall d'Economia i Territori)

Files in This Item:
File Description SizeFormat 
PMM11-02_Ferreira.pdf1.45 MBAdobe PDFView/Open


This item is licensed under a Creative Commons License Creative Commons