Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Estimating the determinants of public private partnerships in infrastructure: the case of India

Estimating the determinants of public private partnerships in infrastructure: the case of India Public private partnership (PPP) mode of financing is quickly becoming the favoured way to invest and fund infrastructure in India. This paper focuses exclusively on the PPP mode of infrastructure financing by examining and estimating the significant determinants of attracting any PPP in India. The empirical findings indicate that for India a higher cash deficit with huge government debt tends to attract more number of PPP projects. The study also suggests that political factors play a crucial role for the private sector in terms of making decisions regarding involvement of the PPP mode for financing infrastructure. Ultimately, there is evidence in favour of all the channels except the macroeconomic factors. While examining the investment aspect for PPPs, it was concluded that soft governmental constraints, market conditions and effectiveness of government proved to be decisive. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Critical Infrastructures Inderscience Publishers

Estimating the determinants of public private partnerships in infrastructure: the case of India

Loading next page...
 
/lp/inderscience-publishers/estimating-the-determinants-of-public-private-partnerships-in-wpg9hC0FZn

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1475-3219
eISSN
1741-8038
DOI
10.1504/IJCIS.2018.094411
Publisher site
See Article on Publisher Site

Abstract

Public private partnership (PPP) mode of financing is quickly becoming the favoured way to invest and fund infrastructure in India. This paper focuses exclusively on the PPP mode of infrastructure financing by examining and estimating the significant determinants of attracting any PPP in India. The empirical findings indicate that for India a higher cash deficit with huge government debt tends to attract more number of PPP projects. The study also suggests that political factors play a crucial role for the private sector in terms of making decisions regarding involvement of the PPP mode for financing infrastructure. Ultimately, there is evidence in favour of all the channels except the macroeconomic factors. While examining the investment aspect for PPPs, it was concluded that soft governmental constraints, market conditions and effectiveness of government proved to be decisive.

Journal

International Journal of Critical InfrastructuresInderscience Publishers

Published: Jan 1, 2018

There are no references for this article.