Explaining Public-Private Partnership Projects through Political Factors: An Assessment of Developing Countries

This paper analyses the effect of political factors on the use of PPPs in developing countries. According to a sample of 80 low- and middle-income countries over the period 1995-2017, our findings suggest that PPP projects are affected by political ideology, the strength of the government and electo...

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Detalhes bibliográficos
Autores: Peña Miguel, Noemí, Cuadrado Ballesteros, Beatriz
Formato: artículo
Fecha de publicación:2021
País:España
Recursos:Universidad del País Vasco
Repositorio:Addi. Archivo Digital para la Docencia y la Investigación
OAI Identifier:oai:addi.ehu.eus:10810/67546
Acesso em linha:http://hdl.handle.net/10810/67546
Access Level:acceso abierto
Palavra-chave:PPP
public private partnership
political factors
political economy
ideology
electoral cycle
political competition
Descrição
Resumo:This paper analyses the effect of political factors on the use of PPPs in developing countries. According to a sample of 80 low- and middle-income countries over the period 1995-2017, our findings suggest that PPP projects are affected by political ideology, the strength of the government and electoral cycles. Concretely, they tend to be used by left-wing governments to a greater extent than governments with other ideologies. PPPs also tend to be more frequently used by fragmented governments and when there is greater political competition. There is also some evidence (although slight) on the relevance of the proximity of elections in explaining PPPs in developing countries.