@article{4eb6be6a8df74734bd3933df35666821,
title = "Determinants of public–private partnership policies",
abstract = "This article analyses the determinants of a country{\textquoteright}s PPP policies. Using the World Bank{\textquoteright}s 135-country Procuring Infrastructure PPPs 2018 database, we examine the role of legal traditions, European Union membership, transparency and macroeconomic indicators on the policies governing the adoption, procurement and management of PPPs in infrastructures. We find that transparency has a positive effect on the quality of PPP policies. Scandinavian countries are reluctant to enter into PPPs, while European Union legislation has a positive impact only on the procurement process. Macroeconomic indicator effects are weak on PPP score; larger government{\textquoteright}s revenues reduce country{\textquoteright}s PPP appetite.",
keywords = "PPPs, Public-private partnerships, institutional framework, transparency",
author = "Jordi Rosell and {Saz Carranza}, A.",
note = "Funding Information: This work was supported by the Spanish Government [ECO2016-76866-R], Catalan Government [SGR2017-1556, SGR2017-644] and Barcelona Chamber of Commerce, Industry, Services and Navigation. The authors would like to express their gratitude to the Barcelona Chamber of Commerce, Industry, Services and Navigation for its financial support of the research behind this paper. We thank Dr Daniel Albalate and Dr Germ{\`a} Bel for comments on the manuscript. Any errors in this paper are the responsibility of the authors. Also, we would like to thank the two anonymous referees for their suggestions and comments. Publisher Copyright: {\textcopyright} 2019, {\textcopyright} 2019 Informa UK Limited, trading as Taylor & Francis Group.",
year = "2020",
month = aug,
day = "2",
doi = "10.1080/14719037.2019.1619816",
language = "English",
volume = "22",
pages = "1171--1190",
journal = "Public Management Review",
issn = "1471-9037",
publisher = "Taylor and Francis Ltd.",
number = "8",
}