The use of propensity score matching methodology for analysis of concession: The case of road networks in Peru

Bonifaz, José L.; Fasanando, Antonio

doi:10.1016/j.cstp.2022.10.017

Cited by 1 publication

(2 citation statements)

References 9 publications

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“…Batrancea et al [18] identified the importance of PPPs in the transition to a green economy. Bonifaz and Fasanando [19] proposed a propensity score matching methodology for the analysis of concessions, using the case of road networks in Peru.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Bonifaz and Fasanando [19] compared the average accident rate, cost overruns, and delays of concessioned road sections with the estimated levels these sections would have had if they had not been concessioned using the propensity score matching methodology. The main result was that the accident rate, the number of injuries, the number of deaths, cost overruns, and delays were lower in concessioned road sections than in non-concessioned sections for the Peruvian case.…”

Section: Modalities Of Infrastructure Provision In Perumentioning

confidence: 99%

See 1 more Smart Citation

Driving Peru’s Road Infrastructure: An Analysis of Public–Private Partnerships, Challenges, and Critical Success Factors

Cisneros-Herrera,

Lara-Galera,

Alcaraz Carrillo de Albornoz

et al. 2024

Buildings

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Peru has experienced significant growth but faces challenges with its infrastructure. Despite economic and population growth, competitiveness has not risen at the same pace. The importance of proper roads for economic development and the lack of planning have led the country to confront an infrastructure deficit. This deficit affects connectivity and the quality of the road networks, thereby influencing competitiveness. To bridge this gap, the PPP modality had been used, but challenges were encountered, ranging from the execution of works to maintenance issues. This research study pursues three main objectives: to describe the current landscape of road infrastructure in Peru; to present the Peruvian PPP system and the experience gained through implemented concession contracts; and to identify the critical success factors of Peruvian concessions and propose an evaluation methodology for future contracts. To achieve this, an empirical study of 16 operational road PPPs and a literature review of the most relevant international experiences on success variables for such contracts were conducted. The primary contribution of this study lies in presenting the Peruvian experience and identifying key success factors for this type of contracts in Peru.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Modalities Of Infrastructure Provision In Perumentioning

confidence: 99%