The Impact of Public-Private Partnerships (PPPs) in Infrastructure, Health and Education: A Review

Anaïs Fabre and Stephane Straub

No 19-986, TSE Working Papers from Toulouse School of Economics (TSE)

Abstract: This 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.

Keywords: Public private partnership; evaluation; infrastructure; education; health (search for similar items in EconPapers)
JEL-codes: H54 I11 I21 L33 (search for similar items in EconPapers)
Date: 2019-01, Revised 2021-09
New Economics Papers: this item is included in nep-ppm and nep-tre
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:tse:wpaper:33287

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