IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxiy2014i2(591)p67-76.html
   My bibliography  Save this article

Examining Public Private Partnerships in ASEAN countries: the role of investment climate

Author

Listed:
  • Chandra EMIRULLAH

    (School of Government, College of Government, Law & International Studies, University Utara)

  • Muhammad AZAM

    (School of Economic, Finance & Banking, College of Business, University Utara)

Abstract

Evidently, the ASEAN countries are among those which have achieved remarkable economic growth rates in the world. But they are facing significant infrastructure bottlenecks which can threaten the sustainability of their development, if not solved effectively and efficiently well in time. Apparently, Public Private Partnership (PPP) arrangement promises to be an ideal solution for developing countries that have limited fiscal capacity such as ASEAN. However, PPP performance in this region is not very encouraging compared with other countries. This study attempts to look at the role of investment climate especially the economic and political factors that may affect the economic growth performance of PPP projects. For empirical investigation panel data approach is utilized, where mostly the estimated coefficients exhibit expected signs but are not statistically significant. Besides, each country has unobserved special characteristics that can affect the conduciveness of PPPs which should also be considered by policymakers.

Suggested Citation

  • Chandra EMIRULLAH & Muhammad AZAM, 2014. "Examining Public Private Partnerships in ASEAN countries: the role of investment climate," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(591)), pages 67-76, February.
    • Handle: RePEc:agr:journl:v:xxi:y:2014:i:2(591):p:67-76
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/953.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=953&rid=107
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fleta-Asín, Jorge & Muñoz, Fernando, 2020. "How does risk transference to private partner impact on public-private partnerships’ success? Empirical evidence from developing economies," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).
    2. Jeffrey Kouton & Wilfried Sanogo & Nandi Djomgoue, 2023. "Risk allocation in energy infrastructure PPPs projects in selected African countries: does institutional quality, PPPs experience and income level make a difference?," Economic Change and Restructuring, Springer, vol. 56(1), pages 537-580, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xxi:y:2014:i:2(591):p:67-76. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mircea Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.