On the Development of Public-Private Partnerships in Transitional Economies: An Explanatory Framework

Yongheng Yang, Yilin Hou, Youqiang Wang

Research output: Contribution to journalArticle

51 Scopus citations

Abstract

This article develops a generic framework to explain the environment for public-private partnership (PPP) development in transitional economies. The framework stands on a tripod that includes the market, the operating environment, and the government, each containing several factors that support aspects of PPPs. The authors apply the framework to analyze the results of a multicountry survey in an effort to identify key factors that facilitate PPP development in transition countries. The identified factors are market potential, institutional guarantee, government credibility, financial accessibility, government capacity, consolidated management, and corruption control. The framework and identified factors may serve as effective tools to diagnose and monitor PPP development in a broader array of countries. The framework is applied in analyzing data from four transitional economies and several advanced economies. The efficacy of the framework is further justified by its explanatory power of PPPs' practicality and is largely confirmed by results from a sensitivity test.

Original languageEnglish (US)
Pages (from-to)301-310
Number of pages10
JournalPublic Administration Review
Volume73
Issue number2
DOIs
StatePublished - Mar 1 2013
Externally publishedYes

ASJC Scopus subject areas

  • Sociology and Political Science
  • Public Administration
  • Marketing

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