Does EU support contribute to economically successful Public-Private Partnerships (PPPs) ? A panel data analysis of road PPP projects in Spain Laura Garrido, Thais Rangel, María de los Ángles Baeza, José M. Vassallo
Contributor(s): Garrido, Laura
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Material type: 
ArticlePublisher: 2019Subject(s): INVERSIONES EN INFRAESTRUCTURA | INFRAESTRUCTURAS | FINANCIACION | COLABORACIÓN PÚBLICO - PRIVADA | UNION EUROPEA | ESPAÑAOnline resources: Click here to access online
In:
Journal of Public Policy v. 39, Issue 1, March 2019, p. 65-87Summary: The EU infrastructure policy has relied on Public-Private Partnerships (PPPs) as a means to successfully deliver infrastructure of benefit for the EU. To reach its infrastructure policy objectives, the EU has implemented support
mechanisms aimed at facilitating the delivery of PPPs. This article is aimed at evaluating to what extent these mechanisms have actually contributed to improving the economic performance of PPPs. To that end, we have selected the
case of Spanish road PPPs for empirical analysis. The main result shows that EU support positively influences the economic performance of PPP projects. This is caused by the fact that the EU conditions its financial support on a project’s meeting a set of requirements that help assure the success of the project. From this result, we obtain a set of conclusions that may be generalised to other cases, and provide a contribution to the body of knowledge on PPPs.
| Item type | Current location | Home library | Call number | URL | Status | Date due | Barcode |
|---|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 1793/2019/1-1 (Browse shelf) | https://www.cambridge.org/core/journals/journal-of-public-policy/article/does-eu-support-contribute-to-economically-successful-publicprivate-partnerships-ppps-a-panel-data-analysis-of-road-ppp-projects-in-spain/A1A2513E8C43979EBA1DE40EE1B81A90 | Available | OP 1793/2019/1-1 |
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Resumen.
Bibliografía.
The EU infrastructure policy has relied on Public-Private Partnerships (PPPs) as a means to successfully deliver infrastructure of benefit for the EU. To reach its infrastructure policy objectives, the EU has implemented support
mechanisms aimed at facilitating the delivery of PPPs. This article is aimed at evaluating to what extent these mechanisms have actually contributed to improving the economic performance of PPPs. To that end, we have selected the
case of Spanish road PPPs for empirical analysis. The main result shows that EU support positively influences the economic performance of PPP projects. This is caused by the fact that the EU conditions its financial support on a project’s meeting a set of requirements that help assure the success of the project. From this result, we obtain a set of conclusions that may be generalised to other cases, and provide a contribution to the body of knowledge on PPPs.
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