Deriving Macroeconomic Benefits from Public–Private Partnerships in Developing Asia

Minsoo Lee, Xuehui Han, Raymond Gaspar and Emmanuel Alano ()

Working Papers from eSocialSciences

Abstract: This paper develops a framework identifying channels through which economic gains can be derived from PPP arrangement. The framework helps derive an empirically tractable specification that examines how PPPs affect the aggregate economy. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region’s efforts to further upgrade its technical and institutional capacity to handle complex PPP contracts.

Keywords: eSS; developing Asia; economic growth; infrastructure; poverty reduction; public–private partnership (PPP); economic gains; economy; investment; GDP; infrastructure services; economic growth; technical capacity; institutional capacity; PPP contracts. (search for similar items in EconPapers)
Date: 2018-08
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... AId=12888&fref=repec

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:12888

Access Statistics for this paper

More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().