Please use this identifier to cite or link to this item:
http://hdl.handle.net/2445/58437
Title: | The determinants of contractual choice for private involvement in infrastructure projects in the United States |
Author: | Albalate, Daniel, 1980- Bel i Queralt, Germà, 1963- Geddes, R. Richard |
Keywords: | Privatització Contractes administratius Infraestructura (Economia) Risc (Economia) Privatization Public contracts Infrastructure (Economics) Risk |
Issue Date: | 2012 |
Publisher: | Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública |
Series/Report no: | [WP E-IR12/20] |
Abstract: | Reliance on private partners to help provide infrastructure investment and service delivery is increasing in the United States. Numerous studies have examined the determinants of the degree of private participation in infrastructure projects as governed by contract type. We depart from this simple public/private dichotomy by examining a rich set of contractual arrangements. We utilize both municipal and state-level data on 472 projects of various types completed between 1985 and 2008. Our estimates indicate that infrastructure characteristics, particularly those that reflect stand alone versus network characteristics, are key factors influencing the extent of private participation. Fiscal variables, such as a jurisdiction’s relative debt level, and basic controls, such as population and locality of government, increase the degree of private participation, while a greater tax burden reduces private participation. |
Note: | Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2012/201220.pdf |
It is part of: | IREA – Working Papers, 2012, IR12/20 |
URI: | http://hdl.handle.net/2445/58437 |
ISSN: | 2014-1254 |
Appears in Collections: | Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA)) |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
IR12-020_Albalate-Bel.pdf | 702.17 kB | Adobe PDF | View/Open |
This item is licensed under a Creative Commons License