On the Development of Public-Private Partnerships in Transitional Economies: An Explanatory Framework

• 成果类型: Article
• 署名作者: Yang, Yongheng; Hou, Yilin; Wang, Youqiang
• 署名单位: Tsinghua University; University System of Georgia; University of Georgia
• 刊物名称: PUBLIC ADMINISTRATION REVIEW
• ISSN/ISSBN: 0033-3352
• DOI: 10.1111/j.1540-6210.2012.02672.x
• 发表日期: 2013
• 页码: 301-310
• 关键词: Bargaining power; management; performance; service; infrastructures; implementation; PARTICIPATION; delivery

摘要

This article develops a generic framework to explain the environment for publicprivate partnership (PPP) development in transitional economies. The framework stands on a tripod that includes the market, the operating environment, and the government, each containing several factors that support aspects of PPPs. The authors apply the framework to analyze the results of a multicountry survey in an effort to identify key factors that facilitate PPP development in transition countries. The identified factors are market potential, institutional guarantee, government credibility, financial accessibility, government capacity, consolidated management, and corruption control. The framework and identified factors may serve as effective tools to diagnose and monitor PPP development in a broader array of countries. The framework is applied in analyzing data from four transitional economies and several advanced economies. The efficacy of the framework is further justified by its explanatory power of PPPs' practicality and is largely confirmed by results from a sensitivity test.