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What makes that some PPP projects are more attractive than others?

Author

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  • Joanna Wegrzyn

Abstract

PPPs vary across industries and that some are more frequent than others. All types of PPP arrangements involve private operation and management and most have private investments as well. The main distinguishing characteristics lie in the mode of entry, ownership, risk sharing and duration of the partnership. This raises the question of private partners' motives to engage in different types of PPPs.This research investigates the factors influencing the survival of PPP projects in Poland over the period 2009-2015. Both Cox proportional hazard and competing risk models with time-varying covariates are utilized to distinguish between PPPs that succeeded to the operation phase and those that were cancelled on the procurement stage.

Suggested Citation

  • Joanna Wegrzyn, 2017. "What makes that some PPP projects are more attractive than others?," ERES eres2017_211, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2017_211
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    More about this item

    Keywords

    Government Policy; Project Success; public-private partnership; survival analysis;
    All these keywords.

    JEL classification:

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

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