Efficiency, cost and benefits in contracts of public-private partnerships

Abstract

Resumo (2012), we consider an additional parameter that measures the sensibility of the effort made in between the stages of the project. We also delimitate the numerical range of the variable that determines the technology flexibility. In this regard, a bundling regime, under which the companies form a consortium, presents better results than when they are contracted separately. This is a consequence of the first model, in which the companies are able to internalize the externalities of the productive process. On the other hand, even though the bundling regime is more efficient, the government should seek mechanisms to monitor the quality of services.

The Collaboration of Private Hospitals with the Public Health Service: The Case of La Rioja, Spain (1986–2019)

“…On the one hand, the theoretical benefits of the model and the probability of favorable results are presented. In this theoretical framework, PPPs are proposed as winwin arrangements and are distinguished by their long useful life and significant private sector financing [34,35]. There are health sector policymakers that are increasingly proposing PPP projects, in which private companies are contracted by governments to finance and deliver new hospitals and related services [36].…”

Public-private partnership in the Portuguese health sector

“…Governments operate as economic agents, responsible for providing and managing essential goods and services, such as education, security, and health services. However, due to ongoing inefficient management of public resources and/or budgetary constraints, there are historical difficulties in providing these goods and services [ [2] , [3] , [4] ].…”

Impact of public support mechanisms on the performance of public private partnerships : an empirical analysis of road projects in Spain

“…This combination provides significant incentives to the private sector to shorten the construction phase and fasten the commissioning of the project and the delivery of the service in order to generate income. It also incentives the private sector to minimise costs over the whole life of the project (Fernandez et al, 2016;Iossa and Martimort, 2012). This does not occur in public procurement since each milestone in the life cycle is assigned to a different company, which therefore has partial objectives.…”