Arbeitspapier
Deriving macroeconomic benefits from public-private partnerships in developing Asia
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased rapidly during the late 1990s. Theoretical arguments support the potential economic benefits of PPPs, but empirical evidence is thin. This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines how PPPs affect the aggregate economy. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region's efforts to further upgrade its technical and institutional capacity to handle complex PPP contracts.
- Sprache
-
Englisch
- Erschienen in
-
Series: ADB Economics Working Paper Series ; No. 551
- Klassifikation
-
Wirtschaft
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Macroeconomic Analyses of Economic Development
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Thema
-
developing Asia
economic growth
infrastructure
poverty reduction
public-private partnership
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lee, Minsoo
Han, Xuehui
Gaspar, Raymond
Alano, Emmanuel
- Ereignis
-
Veröffentlichung
- (wer)
-
Asian Development Bank (ADB)
- (wo)
-
Manila
- (wann)
-
2018
- DOI
-
doi:10.22617/WPS189465-2
- Handle
- Letzte Aktualisierung
- 10.03.2025, 10:42 UTC
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lee, Minsoo
- Han, Xuehui
- Gaspar, Raymond
- Alano, Emmanuel
- Asian Development Bank (ADB)
Entstanden
- 2018
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