000			01396nam a22001457a 4500
999			_c529434 _d529434
008			250320b ||||| |||| 00| 0 eng d
100			_aWang, Huanming Sun, Xiaoyun and Shi, Yu _951431
245			_aCommercial investment in public–private partnerships: The impact of government characteristics
260			_aLocal Government Studies
300			_a50(1), Feb, 2024: p.230-260
520			_aHow to attract commercial investment to provide infrastructure and public service is an important issue for governments around the world. This paper investigated what government characteristics can attract commercial investment. Using China’s PPP cases, this study shows that local government’s fiscal stress, land resources, and wealth are important determinants in attracting commercial investment. The business environment of local government plays a moderating role between government characteristics (i.e., fiscal stress, land resources, and wealth) and commercial investment. By highlighting the determinants of commercial investment, this study offers important implications for the theory and practice of PPP management.- Reproduced https://www.tandfonline.com/doi/full/10.1080/03003930.2023.2198217
650			_aPublic–private partnerships, Private investment, Business environment, Fiscal stress, Land finance. _951432
773			_aLocal Government Studies
942			_cAR