The Productivity Effect of Public-Private Partnership
Vincenzo Mollisi ()
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Vincenzo Mollisi: Department of Economics, Social Studies, Applied Mathematics and Statistics, University of Torino, Torino, Italy;
No 88, Working papers from Department of Economics, Social Studies, Applied Mathematics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino
Abstract:
Public authorities have increasingly resorted to public-private partnership (PPP) arrangements for the delivery of public services. A PPP bundles the construction, management, and maintenance of a facility in a unique contract. Using data from the Italian district heating industry, I find that PPP internalizes the technological externality between construction and operation tasks of a project by inducing a higher level of capital quality. A unit increase in the capital quality raises the output of PPP firms by 17%.
Keywords: Populism; Industry Productivity; Public-private Partnerships; Public-service Provision (search for similar items in EconPapers)
JEL-codes: D86 H54 H57 L11 (search for similar items in EconPapers)
Pages: 64 pages
Date: 2024-02
New Economics Papers: this item is included in nep-eff, nep-ppm and nep-sbm
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https://www.bemservizi.unito.it/repec/tur/wpapnw/m88.pdf First version, 2024 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:tur:wpapnw:088
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