Effects of Multilateral Support on Infrastructure PPP Contract Cancellation
| Autor: | Darwin Marcelo Gordillo, Ruth Schuyler House |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Matching (statistics)
Public economics 05 social sciences Multilevel model International economics 010501 environmental sciences 01 natural sciences 0506 political science Urban water supply Econometric model Public–private partnership General partnership 050602 political science & public administration Economics 0105 earth and related environmental sciences |
| Zdroj: | Effects of Multilateral Support on Infrastructure PPP Contract Cancellation |
| DOI: | 10.1596/1813-9450-7751 |
| Popis: | This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare rates of cancellation between projects with multilateral support and a comparison group of public-private partnership projects without multilateral support. The results suggest that multilateral support has a positive effect on the survival of long-term public-private partnership infrastructure contracts. Whereas observed the data suggest that multilateral support has no effect on cancellation rates, a quasi-experimental approach shows that the cancellation rate for projects with multilateral (6 percent) would have been about 48 percent higher without support from multilateral development organizations. |
| Databáze: | OpenAIRE |
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