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100 _aFabre, Anaïs and Straub, Stéphane
_943715
245 _aThe impact of public–private partnerships (PPPS) in infrastructure, health, and education
260 _aJournal of Economic Literature
300 _a61(2), Jun, 2023: p.655-715
520 _aThis paper summarizes what is known about the impact of public–private partnerships (PPPs) in the three sectors where they have been used intensively: infrastructure (energy, transport, water and sanitation, and telecommunications), education, and health. It lays out the main elements of economic theory relevant to analyzing the trade-off between PPPs and the public provision of complex projects. It places PPPs within a historical perspective. It reviews empirical evaluations of the effectiveness of PPPs and, whenever possible, the implications for social outcomes. Finally, it draws conclusions on cross-cutting issues that influence the efficiency of PPPs, from contract design and regulation to renegotiations and institutional issues. The paper straightens out and qualifies the record of existing evidence and signals some of the main areas and topics for future fruitful research.- Reproduced
650 _aPublic–private partnerships, PPPS, Infrastructure, Health, Education
_943716
773 _aJournal of Economic Literature
906 _aPUBLIC PRIVATE PARTNERSHIP
942 _cAR