IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v59y2006i24p03-16.html
   My bibliography  Save this article

Public-Private Partnership: Allheilmittel für die Finanzkrisen der öffentlichen Haushalte oder Risikofaktor?

Author

Listed:
  • Gerold Krause-Junk
  • Frank Littwin
  • Dietrich Budäus
  • Birgit Grüb
  • Lars P. Feld
  • Jan Schnellenbach

Abstract

Public Private Partnership (PPP) findet in Deutschland in den letzten Jahren immer mehr Verbreitung. Die Bandbreite für PPP-Projekte reicht von Bundesfernstraßen bis zu Schulen, Verwaltungsgebäuden, Krankenhäusern, Schwimmbädern etc. Führt dieses Modell zu einer Optimierung von Kosten und Erträgen oder stellt es einen Risikofaktor für den öffentlichen Sektor dar? Gerold Krause-Junk, Universität Hamburg, sieht darin vor allem einen Weg, den Konflikt zwischen "Effizienz- und Verteilungszielen" zu entschärfen: "Die allokative Aufgabe wird dann dem privaten bzw. einem weitgehend nach privatwirtschaftlichem Kalkül handelnden Anbieter überlassen; die Verteilungsaufgabe bleibt beim Staat ..." Für Frank Littwin, Finanzministerium des Landes Nordrhein-Westfalen, sind die PPP-Projekte kein Allheilmittel und auch kein wesentlicher Beitrag zur Haushaltskonsolidierung, sie führen aber zu deutlich mehr Kostentransparenz und befördern wirtschaftliches Handeln. Und nicht zuletzt sind sie ein wichtiges Instrument zur Verwaltungsmodernisierung. Dietrich Budäus und Birgit Grüb, Universität Hamburg, betonen, dass die Wirtschaftlichkeitsbeurteilung bei PPP-Projekten eine Reihe von Problemen aufwirft. Und für Lars P. Feld und Jan Schnellenbach, Universität Heidelberg, hängt die finanzpolitische Sinnhaftigkeit von PPP-Arrangements von den Details der Kooperation ab. Dabei sollte der öffentliche Sektor vor allem die langfristigen Folgekosten seiner Investitionen im Blick haben, wenn er die Zusammenarbeit mit den Privaten sucht.

Suggested Citation

  • Gerold Krause-Junk & Frank Littwin & Dietrich Budäus & Birgit Grüb & Lars P. Feld & Jan Schnellenbach, 2006. "Public-Private Partnership: Allheilmittel für die Finanzkrisen der öffentlichen Haushalte oder Risikofaktor?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 59(24), pages 03-16, December.
    • Handle: RePEc:ces:ifosdt:v:59:y:2006:i:24:p:03-16
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2006_24_1.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Oliver Hart, 2003. "Incomplete Contracts and Public Ownership: Remarks, and an Application to Public-Private Partnerships," Economic Journal, Royal Economic Society, vol. 113(486), pages 69-76, March.
    2. Dewatripont, Mathias & Legros, Patrick, 2005. "Public-private partnerships: contract design and risk transfer," EIB Papers 5/2005, European Investment Bank, Economics Department.
    3. Brealey, R A & Cooper, I A & Habib, M A, 1997. "Investment Appraisal in the Public Sector," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 13(4), pages 12-28, Winter.
    4. Shirley, Mary & Walsh, Patrick, 2000. "Public versus private ownership : the current state of the debate," Policy Research Working Paper Series 2420, The World Bank.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Eduardo Engel & Ronald Fischer & Alexander Galetovic, 2013. "The Basic Public Finance Of Public–Private Partnerships," Journal of the European Economic Association, European Economic Association, vol. 11(1), pages 83-111, February.
    2. Paul A. Grout, 2003. "Public and Private Sector Discount Rates in Public-Private Partnerships," Economic Journal, Royal Economic Society, vol. 113(486), pages 62-68, March.
    3. Buso, Marco & Moretto, Michele & Zormpas, Dimitrios, 2021. "Excess returns in Public-Private Partnerships: Do governments pay too much?," Economic Modelling, Elsevier, vol. 102(C).
    4. Nicolas Campos & Eduardo Engel & Ronald D. Fischer & Alexander Galetovic, 2019. "Renegotiations and corruption in infrastructure: The Odebrecht case," "Marco Fanno" Working Papers 0230, Dipartimento di Scienze Economiche "Marco Fanno".
    5. Julie de Brux & Frédéric Marty, 2014. "IPPP – Risks and opportunities An economic perspective," Working Papers hal-03470399, HAL.
    6. Rabah Arezki & Patrick Bolton & Sanjay Peters & Frederic Samana & Joseph Stiglitz, 2015. "From Global Savings Glut to Financing Infrastructure: The Advent of Investment Platforms," OxCarre Working Papers 166, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    7. Buso, Marco & Marty, Frederic & Tran, Phuong Tra, 2017. "Public-private partnerships from budget constraints: Looking for debt hiding?," International Journal of Industrial Organization, Elsevier, vol. 51(C), pages 56-84.
    8. André De Palma & Luc E. Leruth & Guillaume Prunier, 2012. "Towards a Principal-Agent Based Typology of Risks in Public-Private Partnerships," Reflets et perspectives de la vie économique, De Boeck Université, vol. 0(2), pages 57-73.
    9. Auriol, Emmanuelle & Picard, Pierre M., 2013. "A theory of BOT concession contracts," Journal of Economic Behavior & Organization, Elsevier, vol. 89(C), pages 187-209.
    10. David Martimort & Flavio Menezes & Myrna Wooders & LUCIANO GRECO, 2015. "Imperfect Bundling in Public–Private Partnerships," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 136-146, February.
    11. Marco Buso, 2019. "Bundling versus unbundling: asymmetric information on information externalities," Journal of Economics, Springer, vol. 128(1), pages 1-25, September.
    12. João M. Pinto & Mário Coutinho dos Santos & Pedro Verga Matos, 2021. "Contracting Out Public Transit Services: An Incentive Performance-Based Approach," Working Papers de Economia (Economics Working Papers) 02, Católica Porto Business School, Universidade Católica Portuguesa.
    13. Aghion, Philippe & Dewatripont, Mathias & Legros, Patrick & Zingales, Luigi (ed.), 2016. "The Impact of Incomplete Contracts on Economics," OUP Catalogue, Oxford University Press, number 9780199826216.
    14. Maskin, Eric & Tirole, Jean, 2008. "Public-private partnerships and government spending limits," International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 412-420, March.
    15. Ram Singh, 2018. "Public–private partnerships vs. traditional contracts for highways," Indian Economic Review, Springer, vol. 53(1), pages 29-63, December.
    16. Perotti,Enrico C., 2004. "State ownership - a residual role?," Policy Research Working Paper Series 3407, The World Bank.
    17. Lechosław Rojewski, 2008. "Contracting and Transaction Costs in the Public-Private Partnership. A Conception in the Light of the New Institutional Economy," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 21.
    18. Mansaray, Alhassan & Coleman, Simeon & Ataullah, Ali & Sirichand, Kavita, 2021. "Residual government ownership in public-private partnership projects," Journal of Government and Economics, Elsevier, vol. 4(C).
    19. Morasch, Karl & Tóth, Rita Orsolya, 2008. "Assigning tasks in public infrastructure projects: Specialized private agents or public private partnerships?," Working Papers in Economics 2008,2, Bundeswehr University Munich, Economic Research Group.
    20. repec:spo:wpmain:info:hdl:2441/3n1h5ijlcf80v9csi63s61fdvk is not listed on IDEAS
    21. Teichmann, Dorothee, 2011. "The role of public-private partnerships in local infrastructure : the case of carbon offset projects," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/8201 edited by Lorenzi, Jean-Hervé.

    More about this item

    Keywords

    Public Private Partnership; Öffentlicher Sektor; Öffentlicher Haushalt; Finanzmarktkrise; Deutschland;
    All these keywords.

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General

    Statistics

    Access and download statistics

    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:ces:ifosdt:v:59:y:2006:i:24:p:03-16. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.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.