IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/19704_4.html
   My bibliography  Save this book chapter

Public-private partnerships in an economists eye: a gleam or a beam?

In: A Research Agenda for Public–Private Partnerships and the Governance of Infrastructure

Author

Listed:
  • Dmitri Vinogradov
  • Elena Shadrina

Abstract

The chapter outlines an economics perspective on public-private partnerships (PPP) and discusses the missing blocks needed for a comprehensive economic theory of PPP. It highlights the gap between the coverage of the PPP in economics and that in public administration literature and draws parallels between the two subject areas in terms of the topics of interest around the PPP. In economics, incomplete contracts justify PPPs as institutions distinct from other forms of public good provision, yet most research narrowly focuses on long-term infrastructure projects, often a concession. Public administration offers a broader view on PPP projects, yet lacks definitional consensus, which appears to impede the adoption of this broader view by economics. A comprehensive economic theory of PPPs as institutions, elaborating the aspects of the relationship between the public and the private partner that overcome the deficiencies of incomplete contracts, is highly desirable and is on approach.

Suggested Citation

  • Dmitri Vinogradov & Elena Shadrina, 2022. "Public-private partnerships in an economists eye: a gleam or a beam?," Chapters, in: A Research Agenda for Public–Private Partnerships and the Governance of Infrastructure, chapter 4, pages 83-101, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:19704_4
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/edcoll/9781839105876/9781839105876.00013.xml
    Download Restriction: no
    ---><---

    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:elg:eechap:19704_4. 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: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    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.