Effects of Multilateral Support on Infrastructure PPP Contract Cancellation / Darwin Marcelo Gordillo
Mitwirkende(r): Resource type: Ressourcentyp: Buch (Online)Buch (Online)Sprache: Englisch Reihen: World Bank E-Library ArchiveVerlag: Washington, D.C : The World Bank, 2016Beschreibung: 1 Online-Ressource (18 p)Andere physische Formen: Erscheint auch als: Effects of Multilateral Support on Infrastructure PPP Contract Cancellation. Druck-Ausgabe Washington, D.C : The World Bank, 2016DOI: DOI: 10.1596/1813-9450-7751Online-Ressourcen: Zusammenfassung: This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare rates of cancellation between projects with multilateral support and a comparison group of public-private partnership projects without multilateral support. The results suggest that multilateral support has a positive effect on the survival of long-term public-private partnership infrastructure contracts. Whereas observed the data suggest that multilateral support has no effect on cancellation rates, a quasi-experimental approach shows that the cancellation rate for projects with multilateral (6 percent) would have been about 48 percent higher without support from multilateral development organizationsPPN: PPN: 1724864041Package identifier: Produktsigel: ZDB-1-WBADieser Titel hat keine Exemplare