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Article Dans Une Revue International Journal of Industrial Organization Année : 2017

Public-private partnerships from budget constraints: Looking for debt hiding?

Résumé

The use of Public-Private Partnerships (PPPs) to realize and operate public infrastructures is often associated with fiscal-circumventing motivations. Using data at the municipal level, this paper investigates whether budget-constrained public authorities adopt PPPs in order to hide public debt. The results show that financial difficulties often lead to a preference for PPPs instead of traditional forms of public procurement, but this behaviour is not explained by the possibility of debt-hiding. Explanations for these findings are discussed.
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Dates et versions

halshs-01461826 , version 1 (08-02-2017)

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  • HAL Id : halshs-01461826 , version 1

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Marco Buso, Frédéric Marty, Tran-Phuong Tra. Public-private partnerships from budget constraints: Looking for debt hiding?. International Journal of Industrial Organization, 2017, 51, pp.56-84. ⟨halshs-01461826⟩
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