Public Private Partnership from Budget Constraints: Looking for Debt Hiding?

Marco Buso, Frédéric Marty and Phuong Tra Tran
Additional contact information
Marco Buso: Unipd - Università degli Studi di Padova = University of Padua

Working Papers from HAL

Abstract: In this paper, we examine whether budget-constrained public authorities are more likely to use a PPP (Public Private Partnership) than traditional procurement methods. Then, we study the possible mechanisms underlying this choice. Our empirical test focuse s on France and consists of a two-stage approach. First, we examine the impact of budget constraints on the use of PPPs and find a positive relationship. Second, to better delineate the debt hiding effect, we exploit the 2011 changes to the ability to underwrite PPP debts. We find that debt hiding is a relevant, but not a sufficient element to explain budget-constrained governments' attitudes towards PPP

Keywords: Public Private Partnership; accounting standards; off-balance sheet strategies; value for money; local governments (search for similar items in EconPapers)
Date: 2014-12-04
New Economics Papers: this item is included in nep-ger
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01091725
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://shs.hal.science/halshs-01091725/document (application/pdf)

Related works:
Journal Article: Public-private partnerships from budget constraints: Looking for debt hiding? (2017)
Working Paper: Public-private partnerships from budget constraints: Looking for debt hiding? (2017)
Working Paper: Public Private Partnerships from Budget Constraints: Looking for Debt Hiding? (2016)
Working Paper: Public Private Partnership from Budget Constraints: Looking for Debt Hiding? (2014)
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:hal:wpaper:halshs-01091725

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().