The performance advantage of public-private partnerships: does it exist or not?

Verweij, Stefan; Meerkerk, Ingmar van; Casady, Carter B.

doi:10.4337/9781800889200.00009

Cited by 4 publications

(8 citation statements)

References 46 publications

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“…BoD can be easily joined to the Malmquist index [41], thus allowing the analysis of productivity change in different periods [42]. Using this tool, it is possible to collect results of productivity change for the various countries.…”

Section: Modelsmentioning

confidence: 99%

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Delgado,

Caldas,

Varela

2024

Highlights Sustain.

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This study utilizes benchmarking techniques to monitor productivity change in relation to Sustainable Development Goals (SDGs) 1, 8, and 9, addressing the challenges faced by countries in interpreting measures. The first SDG 1, “No Poverty”, aims to completely eliminate poverty. The objective of SDG 8, “Decent Work and Economic Growth”, is to foster comprehensive economic advancement. Finally, SDG 9, “Industry, Innovation, and Infrastructure”, focuses on the creation of durable and sustainable infrastructure, as well as promoting innovation to drive economic progress. Economic development, job creation, wealth creation, and poverty eradication are crucial for sustainable development. However, there is no other study estimating the evolution of countries’ performance in terms of these SDGs, whether countries have converged or not, and how each of these SDGs contributes to this performance development. This is the main goal of the present study, which compares 85 countries (2010–2020) from different profiles (developing, emerging, and developed) in terms of several SDG indicators. We applied data envelopment analysis (DEA) and Malmquist productivity indices that quantify changes in efficiency and technology over time to assess productivity dynamics and improvements. Results showed that emerging countries showed the highest productivity development, followed by developing countries and finally developed countries. The slower productivity development in developed countries indicates stagnation, allowing emerging countries to converge in terms of wealth creation, distribution, and poverty reduction.

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Section: Modelsmentioning

confidence: 99%

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Delgado,

Caldas,

Varela

2024

Highlights Sustain.

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“…Het argument om voor private financiering te kiezen is dat PPS-projecten meerwaarde zouden hebben -added value -in vergelijking met publiek gefinancierde infrastructuurprojecten (Verweij, Van Meerkerk & Casady, 2022). In landen waar het publieke budget ontoereikend is om publieke infrastructuur te bekostigen, is de meerwaarde van private financiering buitenom de staatsbegroting evident (McQuaid & Scherrer, 2010).…”

Section: Inleidingunclassified

Uitdagingen bij het evalueren van de kosteneffectiviteit en meerwaarde van PPS bij publieke infrastructuurprojecten

Verweij¹,

Koppenjan²,

Hombergen³

2023

Beleid en Maatschappij

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“…Another challenge concerns evaluation rigor, particularly the traditional public procurement against which the performance of PPPs is benchmarked (Hodge & Greve, 2007). This concerns the matter of the performance advantage of PPPs: the idea that PPPs have better performance compared to traditionally procured projects (Verweij et al, 2022). This matter has become more important over time, because of the changed motivations of governments to develop and manage the delivery of public infrastructure through PPPs.…”

Section: Public-private Partnership Performancementioning

confidence: 99%

“…The Mann-Whitney U test showed no significant differences between the two groups for time and perceived project performance; for cost performance, in line with the results in Table 2 (because the second group contains more DBFM projects), the second group performs better (p-value .027). 3 Relevant dimensions for cross-country analyses of the theory may relate to PPP policies, regulations, supporting arrangements, experiences with PPPs, the way contracts are designed and enacted, as well as cultural aspects (Roumboutsos, 2016;Verweij et al, 2022).…”

Section: Orcidmentioning

confidence: 99%

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In search of the collaborative advantage of public‐private partnerships: A comparative analysis of Dutch transport infrastructure projects

Verweij

Satheesh

2022

Public Administration Review

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The theory of collaborative advantage is a major theory rationalizing the role of Public‐Private Partnerships (PPPs). However, the evidence for the theory in the case of PPPs is weak: the literature lacks studies that compared the actual performance and collaboration of PPPs to that of traditionally procured public projects. The aim of this article is to test the theory of a collaborative advantage of PPPs, focusing on three common performance indicators: time, cost, and perceived project performance. Data were collected on Dutch transport infrastructure projects. PPPs were compared to traditionally procured projects with non‐parametric tests and robust regression using weighted least squares estimator. It was found that PPPs have better cost performance but that this performance advantage cannot be attributed to collaboration. Therefore, it is concluded that no evidence was found for the theory of a collaborative advantage of PPPs.

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The performance advantage of public-private partnerships: does it exist or not?

Cited by 4 publications

References 46 publications

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Uitdagingen bij het evalueren van de kosteneffectiviteit en meerwaarde van PPS bij publieke infrastructuurprojecten

In search of the collaborative advantage of public‐private partnerships: A comparative analysis of Dutch transport infrastructure projects

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The performance advantage of public-private partnerships: does it exist or not?

Cited by 4 publications

References 46 publications

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Economic Development, Industrialization, and Poverty Eradication: A Benchmarking Analysis of Developing, Emerging, and Developed Countries

Uitdagingen bij het evalueren van de kosten­effectiviteit en meerwaarde van PPS bij publieke infrastructuurprojecten

In search of the collaborative advantage of public‐private partnerships: A comparative analysis of Dutch transport infrastructure projects

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Product

Resources

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Uitdagingen bij het evalueren van de kosteneffectiviteit en meerwaarde van PPS bij publieke infrastructuurprojecten