Artikel

Is the PPP model applicable across sectors?

Focussing on two key features of a PPP - the bundling of construction and operation of an infrastructure asset, for one, and private ownership for another - this paper argues that the PPP model is suitable for some public services but not for others. While the incentive-oriented mechanism of bundling and private ownership fosters cost savings in the provision of public services, such savings might come at the expense of public-interest objectives, which - after all - set public services apart from private goods and services. The challenge then is to find out whether the conditions for cost savings to outweigh departures from public-interest objectives are more likely to exist for some services than for others. This paper answers affirmatively, putting the ease (or difficulty) of contracting on public services - notably their public-interest objectives - at the heart of the argument.

Sprache
Englisch

Erschienen in
Journal: EIB Papers ; ISSN: 0257-7755 ; Volume: 10 ; Year: 2005 ; Issue: 2 ; Pages: 11-30 ; Luxembourg: European Investment Bank (EIB)

Klassifikation
Wirtschaft
Thema
Infrastrukturinvestition
Public-Private Partnership
Öffentliche Dienstleistung

Ereignis
Geistige Schöpfung
(wer)
Riess, Armin
Ereignis
Veröffentlichung
(wer)
European Investment Bank (EIB)
(wo)
Luxembourg
(wann)
2005

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Riess, Armin
  • European Investment Bank (EIB)

Entstanden

  • 2005

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