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The Evolution of Public-Private Partnerships in a Comparison between Europe and Italy: Some Perspectives for the Energy Sector

Author

Listed:
  • Matteo Rossi

    (Department of Law Economics Management and Quantitative Methods, University of Sannio, Italy)

  • Giuseppe Festa

    (Department of Economic and Statistical Sciences, University of Salerno, Italy)

  • Ardi Gunardi

    (Faculty of Economics and Business, Universitas Pasundan, Bandung, Indonesia.)

Abstract

The recent global economic and financial crisis has generated new challenges for all public governments. In a number of countries, anti-crisis packages included innovative public actions, realized also in combination with private investments, like in the case of Public-Private Partnership (PPP), which combines the resource of government agents with those of private agents in order to realize public-interest aims. In this study, we have conducted a general analysis on PPP models, in order to present some evidences from a comparison between EU-28 (European Union with 28 countries) and Italy in the 2008-2016 period, with specific considerations on the energy sector. The various trends demonstrate a substantial evolution about global numbers and values of the Public-Private Partnership initiatives in EU-28 and Italy, and underline several constraints and challenges for successful PPP projects, even specifically for the energy sector.

Suggested Citation

  • Matteo Rossi & Giuseppe Festa & Ardi Gunardi, 2019. "The Evolution of Public-Private Partnerships in a Comparison between Europe and Italy: Some Perspectives for the Energy Sector," International Journal of Energy Economics and Policy, Econjournals, vol. 9(3), pages 403-413.
    • Handle: RePEc:eco:journ2:2019-03-46
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    References listed on IDEAS

    as
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    4. Bhattacharya, Mita & Paramati, Sudharshan Reddy & Ozturk, Ilhan & Bhattacharya, Sankar, 2016. "The effect of renewable energy consumption on economic growth: Evidence from top 38 countries," Applied Energy, Elsevier, vol. 162(C), pages 733-741.
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    Cited by:

    1. Giovanna Andrea Pinilla‐De La Cruz & Rodrigo Rabetino & Jussi Kantola, 2022. "Unveiling the shades of partnerships for the energy transition and sustainable development: Connecting public–private partnerships and emerging hybrid schemes," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1370-1386, October.
    2. Mohammad Esmailzadeh & Siamak Noori & Alireza Aliahmadi & Hamidreza Nouralizadeh & Marcel Bogers, 2020. "A Functional Analysis of Technological Innovation Systems in Developing Countries: An Evaluation of Iran’s Photovoltaic Innovation System," Sustainability, MDPI, vol. 12(5), pages 1-20, March.
    3. Nagy, Roel L.G. & Fleten, Stein-Erik & Sendstad, Lars H., 2023. "Don’t stop me now: Incremental capacity growth under subsidy termination risk," Energy Policy, Elsevier, vol. 172(C).
    4. Francesca Di Pillo & Nathan Levialdi & Laura Marchegiani, 2020. "The Investments in Energy Distribution Networks: Does Company Ownership Matter?," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 41-49.

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    More about this item

    Keywords

    Public-Private Partnership; EU-28 Italy comparison; energy.;
    All these keywords.

    JEL classification:

    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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