Data Review of Transportation Infrastructure Public–Private Partnership: A Meta-Analysis

Chen, Zhenhua; Daito, Nobuhiko; Gifford, Jonathan L

doi:10.1080/01441647.2015.1076535

Cited by 41 publications

(24 citation statements)

References 89 publications

(51 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Helby stated that the comparability between the treatment group and the control group is crucial [35]. Chen et al and Raisbeck et al argued that the case descriptions and small-N studies were too naive to be generalizable, and the investigation results were not sufficient [31,40]. Nevertheless, these methods have been widely used and are generally attributed to the limited availability of PPP data.…”

Section: E Evaluation Methods Of Ppp Performancementioning

confidence: 99%

“…Regarding the criteria of successful PPPs, government officials and scholars have considered PPP performance from different dimensions and perspectives [29]. e measures of the success of PPPs include cost, quality, schedule [30,31], stability assurance [32], and social welfare [33]. For example, Wang et al surveyed existing studies and found that PPP performance often cooccurs with the keywords value for money (VFM), cost, public value, and benefits [34].…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Do Public-Private Partnerships Improve the Operational Efficiency of Infrastructure in Mainland China?

Wei

Wang

Cheng

et al. 2020

Advances in Civil Engineering

View full text Add to dashboard Cite

Public-private partnerships (PPPs) are widely used to achieve sustainable infrastructure provision. The purpose of this research is to monitor the effects of PPPs in practice. This study calculated the operational efficiency of toll roads in Mainland China and examined the effect of the transformation from government operations to concession on their operational efficiency. The results showed that toll road operations were inefficient in terms of cost savings and that there were significant regional differences in the impact of concession on operational efficiency among three regions. Concession played a positive role in improving the operational efficiency in the eastern region; on the contrary, the influence was significantly negative in the western region. The effect on the central region was not significant. The results indicated that the efficiency advantages of concession were not given full play. The governments of economies in transition should pay more attention to the implementation environment of PPPs to make infrastructure operations more sustainable.

show abstract

Section: E Evaluation Methods Of Ppp Performancementioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Do Public-Private Partnerships Improve the Operational Efficiency of Infrastructure in Mainland China?

Wei

Wang

Cheng

et al. 2020

Advances in Civil Engineering

View full text Add to dashboard Cite

show abstract

“…Andrews and Entwistle (2010) have found a partnership with private sector organizations to be negatively associated with effectiveness and equity. Availability and access to data is a major problem when it comes to the measurement of effectiveness in PPP projects (Chen, Daito, & Gifford, 2016). Different methods used to measure effectiveness are tabulated as under: Based on the variety of factors/ measurement methods as in Table: 9 these diverse measures/factors are categorized in the following 6 different categories: (Hayllar, 2010;Ofek, 2015;Higgins & Huque, 2015;Buse & Harmer, 2007;Hodge & Coghill, 2007;Panayides et al, 2015;Becker, 2012;Willem & Lucidarme, 2014;MacDonald, 2012;Wong et al, 2015;Buse & Harmer, 2007;Alasad & Motawa, 2016;Abramov, 2009a;Aaronson, 2011;Loosemore & Cheung, 2015) Sr No.…”

Section: Methods Used To Measure the Effectivenessmentioning

confidence: 99%

Effectiveness of Public Private Partnerships: A Systematic Literature Review

Ali

Irfan

Salman

2020

JMR

View full text Add to dashboard Cite

Questions about the ‘effectiveness’ of Public-Private Partnerships (PPPs) have been raised for quite some time now. Although implementation and performance problems are given some attention while carrying out systematic literature review regarding PPPs, there is no systematic literature review available to the best of our knowledge that analyses/reviews the ways in which the effectiveness of PPPs is measured. This review of 107 articles intends to fill this gap by reviewing the peer-reviewed articles/papers published during the years 2000-2016. It particularly investigated three areas including (a) the ways in which the effectiveness of PPPs is defined, (b) methods used by the researchers to measure the effectiveness of PPPs, and (c) theories/perspectives explaining the effectiveness of PPPs. The results indicated that the effectiveness of PPPs is not clearly defined in the existing literature. Moreover, there is no consensus on what counts as an effective PPP. Regarding the methods of measurement, the overwhelming majority of researchers focused only on the identification of factors as opposed to the actual measurement of effectiveness. With respect to theoretical perspectives, governance theories were used in most cases. Based on the findings of this systematic literature review, it is recommended in the current research to use six broad categories of methods/factors identified as a starting point to measure the effectiveness of PPPs.

show abstract

“…Therefore, a win-win situation includes options for revenue sharing [65,66]. Carbonara and Pellegrino [67] studied the optimal conditions required to achieve such a situation with various pairs of revenue ceiling and revenue floor, using the real option model.…”

Section: Ppp Success Factors and Risk Allocationmentioning

confidence: 99%

Analysis of Features Affecting Contracted Rate of Return of Korean PPP Projects

Kim

Yook

2021

Sustainability

View full text Add to dashboard Cite

Various risk factors influence the success of public–private partnership (PPP) projects. This study analyzes the risk attributes of PPP projects and develops a regression model based on a 20-year PPP project database to quantitatively analyze the factors affecting the contracted internal rate of return (CIRR) of PPP projects. Although the risk factors of PPP projects have been widely studied, the factors affecting CIRR have not been explored. Information from the intra-info DB system managed by Korea Development Institute was used to calculate the impact of the variables on CIRR. It was observed that the CIRR of Korea’s PPP projects did not reflect the risks associated with the facility types, service area, amount of private investment, and operation period accurately. Financing costs did not demonstrate a statistically significant relationship with the CIRR either. Furthermore, the CIRR of projects with a minimum revenue guarantee option was found to be higher than that of projects without. The CIRR of the current project was found to be closely related to the number of bidding competitors and the CIRR values of previous projects that are similar to the current one. This is attributed to a failure in the bureaucratic negotiation behavior of the parties due to their avoidance of responsibilities.

show abstract

Data Review of Transportation Infrastructure Public–Private Partnership: A Meta-Analysis

Cited by 41 publications

References 89 publications

Do Public-Private Partnerships Improve the Operational Efficiency of Infrastructure in Mainland China?

Do Public-Private Partnerships Improve the Operational Efficiency of Infrastructure in Mainland China?

Effectiveness of Public Private Partnerships: A Systematic Literature Review

Analysis of Features Affecting Contracted Rate of Return of Korean PPP Projects

Contact Info

Product

Resources

About