Macroeconomic drivers of Public Private Partnership (PPP) projects in low income and developing countries: a panel data analysis

Yurdakul, H., Kamaşak, R. ORCID: https://orcid.org/0000-0001-8768-3569 and Yazar Öztürk, T. (2022) Macroeconomic drivers of Public Private Partnership (PPP) projects in low income and developing countries: a panel data analysis. Borsa Istanbul Review, 22 (1). pp. 37-46. ISSN 2214-8469 doi: 10.1016/j.bir.2021.01.002

Abstract/Summary

Drawing on a comprehensive panel data of 137 low income and developing countries, this study queries the macro-economic drivers of Public Private Partnership (PPP) in these countries. PPP is mainly used as a method to address infrastructure needs of nation states which cannot allocate their financial resources towards infrastructure investments and/or cannot secure finance through other instruments. Previous studies in the field remain partial as they included a limited number of macro-economic factors and a smaller number of countries. Our findings suggest that general government balance, population size, money supply and the share of investments in GDP are significant determinants of PPP activity.

Item Type	Article
URI	https://centaur.reading.ac.uk/id/eprint/114525
Identification Number/DOI	10.1016/j.bir.2021.01.002
Refereed	Yes
Divisions	No Reading authors. Back catalogue items Henley Business School > Leadership, Organisations, Behaviour and Reputation
Publisher	Elsevier
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