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TRANSFORMING GOVERNMENT:DETERMINANTS OF PUBLIC–PRIVATE PARTNERSHIPS: AN EMPIRICAL ANALYSIS OF ASIA
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Purpose – Despite being a global public–private partnerships (PPPs) leader, the Asian region is
characterised by a wide PPP-divide, wherein select countries attract majority of PPP projects, while other
countries fail to attract the requisite PPP investments. Against this background, the purpose of this study is to
investigate the determinants of PPP projects in Asia.
Design/methodology/approach – Using quantitative methods on secondary data, this study analyses
the macroeconomic determinants of value and number of PPPs in Asia for the period 2010–2019. The
methodology relies on panel fixed effects, random effects, two-step system generalised method of moments
and negative binomial regression.
Findings – Results underline the importance of the country’s experience with PPPs, physical infrastructure,
financial sector development, market conditions, institutional quality and political stability in attracting PPP
projects.
Practical implications – Identification of the determinants of PPPs will assist private investors in
making informed decisions related to the selection of countries for PPP investments, thereby increasing the
likelihood of a project’s success.
Social implications – The results are expected to enable countries to formulate policies aimed at attracting
higher PPP investments, thereby propelling economic development and improvement in the quality of life.
Originality/value – To the best of the authors’ knowledge, this is the first such study that
comprehensively analyses the determinants of both value of PPP investments and number of PPP projects for
Asian countries.
Sakshi Malik, Simrit Kaur - Personal Name
NONE
Text
ENGLISH
EMERALD INSIGHT
2022
ENGLAND
JURNAL ILMU PEMERINTAHAN
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APA Citation
Sakshi Malik, Simrit Kaur. (2022).TRANSFORMING GOVERNMENT:DETERMINANTS OF PUBLIC–PRIVATE PARTNERSHIPS: AN EMPIRICAL ANALYSIS OF ASIA.(Electronic Thesis or Dissertation). Retrieved from https://localhost/etd