Unravelling the influence of formal and informal institutions on the duration of public concessions

IF 6.2 2区 经济学 Q1 ECONOMICS Socio-economic Planning Sciences Pub Date : 2024-06-03 DOI:10.1016/j.seps.2024.101966
Jorge Fleta-Asín , Fernando Muñoz , Carlos Sáenz-Royo
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引用次数: 0

Abstract

The growing prominence of public–private partnerships featuring concessions has become a focal point in the management realm. Concession agreements, often spanning numerous years, imbue projects with continuity and stability. Through the theory of neo-institutionalism, we analyse the influence of formal and informal institutions on the duration of these projects across diverse countries, showing the pivotal role played by the institutional environment and consensus mechanisms in ensuring the success of such collaborative endeavours. The findings furnish valuable insights for practitioners and policymakers by facilitating the identification of optimal conditions to establish enduring and highly effective concession agreements.

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揭示正式和非正式机构对公共特许权期限的影响
以特许权为特征的公私合作伙伴关系日益突出,已成为管理领域的一个焦点。特许权协议通常持续多年,使项目具有连续性和稳定性。通过新制度主义理论,我们分析了正式和非正式制度对这些项目在不同国家的持续时间的影响,显示了制度环境和共识机制在确保此类合作努力取得成功方面发挥的关键作用。研究结果为从业人员和政策制定者提供了宝贵的见解,有助于确定建立持久、高效的特许权协议的最佳条件。
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来源期刊
Socio-economic Planning Sciences
Socio-economic Planning Sciences OPERATIONS RESEARCH & MANAGEMENT SCIENCE-
CiteScore
9.40
自引率
13.10%
发文量
294
审稿时长
58 days
期刊介绍: Studies directed toward the more effective utilization of existing resources, e.g. mathematical programming models of health care delivery systems with relevance to more effective program design; systems analysis of fire outbreaks and its relevance to the location of fire stations; statistical analysis of the efficiency of a developing country economy or industry. Studies relating to the interaction of various segments of society and technology, e.g. the effects of government health policies on the utilization and design of hospital facilities; the relationship between housing density and the demands on public transportation or other service facilities: patterns and implications of urban development and air or water pollution. Studies devoted to the anticipations of and response to future needs for social, health and other human services, e.g. the relationship between industrial growth and the development of educational resources in affected areas; investigation of future demands for material and child health resources in a developing country; design of effective recycling in an urban setting.
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