Public-private partnership tendering periods: an international comparative analysis

IF 3.3 3区 经济学 Q1 DEVELOPMENT STUDIES Journal of Economic Policy Reform Pub Date : 2019-10-04 DOI:10.1080/17487870.2019.1657016
D. Palcic, Eoin Reeves, D. Flannery, R. Geddes
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引用次数: 12

Abstract

ABSTRACT PPPs are often characterised by lengthy tendering periods that have the potential to deter bidders for contracts and increase transaction costs. We analyse data on 877 PPP projects in seven countries and find considerable cross-country variation in tendering periods. Using a duration analysis model we find that this variation persists even when we control for observable factors such as capital value. The longest tendering periods are found in the housing, health and defence sectors and tendering periods are positively related to project size. Indicators of institutional quality are not found to be significant.
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公私合作投标期:国际比较分析
公私伙伴关系的特点通常是漫长的招标期,这可能会阻止投标人获得合同并增加交易成本。我们分析了7个国家的877个PPP项目的数据,发现招标期间存在相当大的跨国差异。使用持续时间分析模型,我们发现即使我们控制了资本价值等可观察因素,这种变化仍然存在。投标期最长的是住房、卫生和国防部门,投标期与项目规模呈正相关。机构质量的指标并不重要。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
6.60
自引率
0.00%
发文量
14
期刊介绍: The Journal of Economic Policy Reform focuses on the analysis of economic policy reform. The journal draws upon what lessons can be learned from the successes and failures of countries undertaking reforms and how existing theories can be developed to shed light on positive as well as normative aspects of the reform process. The Journal of Economic Policy Reform encourages work from economists and political economy analysts on policies to promote growth and reduce poverty, intellectual property rights, aid versus trade, debt and debt relief, taxation and social security systems, surveys of key reform issues, as well as on corruption, democracy, emerging markets and the role of multilateral institutions.
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