Risk Sharing in Public-Private Partnerships: General Considerations and an Evaluation of the U.S. Practice in Road Transportation

Cristina Checherita and Jonathan Gifford

No 207820, 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 from Transportation Research Forum

Abstract: This paper examines risks affecting Private-Public Partnership (PPP) projects in road infrastructure and the ways of sharing risk between the two partners. It provides a comprehensive typology of risks and, most importantly, attempts to identify PPP-specific risks or risks more likely to arise under a PPP arrangement than under traditional financing or complete privatization. The paper assesses the U.S. experience in the use of PPPs for road infrastructure and identifies the most important risk-factors.

Keywords: Research and Development/Tech Change/Emerging Technologies; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 22
Date: 2007-03
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ndtr07:207820

DOI: 10.22004/ag.econ.207820

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