Examining the Interrelationship among Critical Success Factors of Public Private Partnership Infrastructure Projects

Shiying Shi, Heap-Yih Chong, Lihong Liu and Xiaosu Ye
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Shiying Shi: School of Construction Management and Real Estate, Chongqing University, Chongqing 400045, China
Heap-Yih Chong: Department of Construction Management, School of Built Environment, Curtin University, GPO Box U1987, Perth, WA 6845, Australia
Lihong Liu: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Xiaosu Ye: School of Construction Management and Real Estate, Chongqing University, Chongqing 400045, China

Sustainability, 2016, vol. 8, issue 12, 1-20

Abstract: Examining the interrelationships among critical success factors (CSFs) for public private partnership (PPP) projects is of importance for improving PPP project performance and maintaining the sustainability of PPP project implementation. Previous studies mostly focused on the identification of the CSFs for PPP projects; limited studies investigated the interrelationships among CSFs. Hence, the research objectives are (a) to determine the interrelationships among CSFs of PPP projects taking into account the public and (b) to identify influence paths contributing to take advantage of CSFs in the process of PPP implementation. A literature review and expert interviews were adopted to construct the CSFs framework; nine hypotheses were constructed and tested by the structural equation modelling (SEM) based on the data collected from a questionnaire survey. This research reveals that the relationship between public and private partners is the leader-follower relationship, not the partnership relationship, in PPP projects, indicating that the responsibilities, power or resources existing among partners are very unequal. It also highlights that public involvement has a negative effect on the process of service provisions, and costs and risks exist in the process of public involvement in PPP projects. The determined interrelationships among CSFs will contribute to the sustainability and success of a PPP project.

Keywords: public private partnership; interrelationship; critical success factor; sustainability; structural equation model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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