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Reasons for PPP in Poland - taxonomic analysis

Author

Listed:
  • Joanna Wegrzyn
  • Adam Nalepka
  • Agnieszka Telega

Abstract

The aim of this paper is to determine the motives of PPP implementation in municipalities. It was assumed that implementation of this kind of projects is determined by the characteristics that can be aggregated into three areas: availability of infrastructure, the size of the financial resources at the disposal of municipalities, ability to finance investment project without exceeding the limits of liability.A quantitative study of this relations was conducted with the use of taxonomic analysis. The study failed to clearly resolve the problem of the impact of infrastructure gap onto PPP decisions. The results confirmed that municipalities have been experiencing negative phenomena of rising public debt. This threatens the investment process. Research shows that PPP is perceived by the communities as a remedy to the problems associated with obtaining finance for investment.

Suggested Citation

  • Joanna Wegrzyn & Adam Nalepka & Agnieszka Telega, 2015. "Reasons for PPP in Poland - taxonomic analysis," ERES eres2015_93, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2015_93
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    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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