IDEAS home Printed from https://ideas.repec.org/p/ris/sbgwpe/2009_002.html
   My bibliography  Save this paper

Changing reasons for public private partnerships

Author

Listed:
  • McQuaid, Ronald W.

    (Napier University, Edinburgh)

  • Scherrer, Walter

    (University of Salzburg)

Abstract

This paper considers the micro- and macro-economic benefits and costs of Public Private Partnerships (PPPs) and some implications of implementing new international accounting standards IFRIC 12. If public sector financial costs are forced to move ‘on balance sheet’ then there are likely to be impacts on the use in PPPs by governments and other public bodies. This may move the basis of PPP choice towards a more ‘level playing field’ with other financing sources, potentially give a more realistic measure of future public commitments and liabilities and reduce incentives to use PPPs for budget enlargement. There may be a refocusing upon the potential efficiency gains of PPPs and potentially a reduction in their use, depending upon the exact interpretations of the standards and other factors.

Suggested Citation

  • McQuaid, Ronald W. & Scherrer, Walter, 2009. "Changing reasons for public private partnerships," Working Papers in Economics 2009-2, University of Salzburg.
    • Handle: RePEc:ris:sbgwpe:2009_002
    as

    Download full text from publisher

    File URL: http://www.uni-salzburg.at/fileadmin/oracle_file_imports/1383244.PDF
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Allyson M. Pollock & David Price & Stewart Player, 2007. "An Examination of the UK Treasury's Evidence Base for Cost and Time Overrun Data in UK Value-for-Money Policy and Appraisal," Public Money & Management, Taylor & Francis Journals, vol. 27(2), pages 127-134, April.
    2. repec:bla:ausecr:v:38:y:2005:i:4:p:420-430 is not listed on IDEAS
    3. Paul A. Grout & Margaret Stevens, 2003. "The Assessment: Financing and Managing Public Services," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 19(2), pages 215-234, Summer.
    4. Isabelle Joumard & Per Mathis Kongsrud & Young-Sook Nam & Robert Price, 2004. "Enhancing the Effectiveness of Public Spending: Experience in OECD Countries," OECD Economics Department Working Papers 380, OECD Publishing.
    5. Rob Ball & Maryanne Heafey & David King, 2002. "The Private Finance Initiative and Public Sector Finance," Environment and Planning C, , vol. 20(1), pages 57-74, February.
    6. Paul A Grout & Margaret Stevens, 2003. "Financing and Managing Public Services: An Assessment," The Centre for Market and Public Organisation 03/076, The Centre for Market and Public Organisation, University of Bristol, UK.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zimmermann, Katharina. & Fuertes, Venesa., 2014. "Employment policy implementation mechanisms in the European Union, the United Kingdom and Germany," ILO Working Papers 994856443402676, International Labour Organization.
    2. repec:ilo:ilowps:485644 is not listed 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. Tomasz Gajderowicz & Maciej Jakubowski, 2019. "What works for disadvantaged unemployed: Private or public ALMP services? Evidence from (unplanned) RCT in Poland," Working Papers 2019-04, Faculty of Economic Sciences, University of Warsaw.
    2. Antonio Sánchez Soliño, 2019. "Sustainability of Public Services: Is Outsourcing the Answer?," Sustainability, MDPI, vol. 11(24), pages 1-12, December.
    3. Asmund Rygh & Gabriel R. G. Benito, 2022. "Governmental goals and the international strategies of state-owned multinational enterprises: a conceptual discussion," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 26(4), pages 1155-1181, December.
    4. Makris, Miltiadis, 2009. "Incentives for motivated agents under an administrative constraint," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 428-440, August.
    5. repec:dau:papers:123456789/5991 is not listed on IDEAS
    6. Jean-Michel Plassard & Nhu Tran Thi Thanh, 2009. "Liberté de choix des élèves et concurrence des établissements : un survey de l'analyse du pilotage des systèmes éducatifs par les quasi-marchés," Revue d'économie industrielle, De Boeck Université, vol. 0(2), pages 99-130.
    7. John Bennett & Elisabetta Iossa, 2006. "Delegation of Contracting in the Private Provision of Public Services," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(1), pages 75-92, September.
    8. Andersson, Fredrik & Jordahl, Henrik, 2011. "Outsourcing Public Services: Ownership, Competition, Quality and Contracting," Working Paper Series 874, Research Institute of Industrial Economics.
    9. Tomasz Gajderowicz & Maciej Jakubowski, 2019. "What Works for Disadvantaged Unemployed: Private or Public ALMP Services? Evidence from Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 332-346.
    10. Fabio Monteduro, 2014. "Public–private versus public ownership and economic performance: evidence from Italian local utilities," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(1), pages 29-49, February.
    11. Eduardo Engel & Ronald D. Fischer & Alexander Galetovic, 2020. "When and How to Use Public-Private Partnerships in Infrastructure: Lessons from the International Experience," NBER Chapters, in: Economic Analysis and Infrastructure Investment, pages 333-364, National Bureau of Economic Research, Inc.
    12. Plūmiņš Māris & Ščeulovs Deniss, 2016. "Development of State-Owned Enterprises of Transport Industry in Latvia," Economics and Business, Sciendo, vol. 29(1), pages 65-75, August.
    13. Laure ATHIAS & Raphael SOUBEYRAN, 2012. "Less Risk, More Effort: Demand Risk Allocation in Incomplete Contracts," Working Papers 12-20, LAMETA, Universtiy of Montpellier, revised Jun 2012.
    14. Pauline Allen & Will Bartlett & Virginie Perotin & Bernarda Zamora & Simon Turner, 2011. "New Forms Of Provider In The English National Health Service," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 82(1), pages 77-95, March.
    15. Krug, Gerhard & Stephan, Gesine, 2013. "Is the Contracting-Out of Intensive Placement Services More Effective than Provision by the PES? Evidence from a Randomized Field Experiment," IZA Discussion Papers 7403, Institute of Labor Economics (IZA).
    16. Valila, Timo, 2005. "How expensive are cost savings? On the economics of public-private partnerships," EIB Papers 4/2005, European Investment Bank, Economics Department.
    17. Eskil Goldeng & Leo A. Grünfeld & Gabriel R. G. Benito, 2008. "The Performance Differential between Private and State Owned Enterprises: The Roles of Ownership, Management and Market Structure," Journal of Management Studies, Wiley Blackwell, vol. 45(7), pages 1244-1273, November.
    18. World Bank, 2007. "China : Public Services for Building the New Socialist Countryside," World Bank Publications - Reports 7665, The World Bank Group.
    19. Iram Khan & Asad Ghalib & Farhad Hossain, 2015. "Stakeholders Involvement or Public Subsidy of Private Interests? Appraising the Case of Public Private Partnerships in Pakistan," Public Organization Review, Springer, vol. 15(2), pages 281-296, June.
    20. Fredrik Andersson & Henrik Jordahl & Jens Josephson, 2019. "Outsourcing Public Services: Contractibility, Cost, and Quality," CESifo Economic Studies, CESifo Group, vol. 65(4), pages 349-372.
    21. Peter Friedrich & Joanna Gwiazda & Chang Woon Nam, 2003. "Development of Local Public Finance in Europe," CESifo Working Paper Series 1107, CESifo.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ris:sbgwpe:2009_002. 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: Jörg Paetzold (email available below). General contact details of provider: https://edirc.repec.org/data/iwsbgat.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.