The environment of Public-Private Partnerships : the economic determinants of PPP's

• Autor(a) principal: Reis, Joana Aragão Ramos Ferreira dos
• Data de Publicação: 2014
• Tipo de documento: Dissertação
• Idioma: eng
• Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
• Texto Completo: http://hdl.handle.net/10400.14/16611
• topic: Domínio/Área Científica::Ciências Sociais::Economia e Gestão

The purpose of this paper is to analyse which are the fiscal, political, legal and economic environment determinants of aggregated investment in € in PPPs and number of PPP’s created in 25 EU member-­‐states from 1995 to 2011. In order to assess which variables had a bigger impact, this article presents 3 OLS regressions models. There were several conclusions of which the most important were related to the fiscal variables. The raise of a country Primary Balance of a country spurs the creation of PPP’s. Additionally, the Debt in percentage to GDP of a given country also decreases with this occurrence. This is explained by the accounting gap that PPP’s allows, since the total costs of a given project are divided during the project lifetime and it scan take up to 30 years.