Publication:
Effects of Multilateral Support on Infrastructure PPP Contract Cancellation

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dc.contributor.authorMarcelo, Darwin
dc.contributor.authorHouse, Schuyler
dc.date.accessioned2016-08-09T17:21:13Z
dc.date.available2016-08-09T17:21:13Z
dc.date.issued2016-07
dc.description.abstractThis paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare rates of cancellation between projects with multilateral support and a comparison group of public-private partnership projects without multilateral support. The results suggest that multilateral support has a positive effect on the survival of long-term public-private partnership infrastructure contracts. Whereas observed the data suggest that multilateral support has no effect on cancellation rates, a quasi-experimental approach shows that the cancellation rate for projects with multilateral (6 percent) would have been about 48 percent higher without support from multilateral development organizations.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/07/26581810/effects-multilateral-support-infrastructure-ppp-contract-cancellation
dc.identifier.doi10.1596/1813-9450-7751
dc.identifier.urihttps://hdl.handle.net/10986/24832
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7751
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectpublic-private partnership
dc.subjectcontract cancellation
dc.subjectpropensity score matching
dc.subjectmultilevel model
dc.subjectmultilateral support
dc.titleEffects of Multilateral Support on Infrastructure PPP Contract Cancellationen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleEffects of Multilateral Support on Infrastructure PPP Contract Cancellation
okr.date.disclosure2016-07-19
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/07/26581810/effects-multilateral-support-infrastructure-ppp-contract-cancellation
okr.guid434361468942595220
okr.identifier.doi10.1596/1813-9450-7751
okr.identifier.externaldocumentum090224b08446ed23_1_0
okr.identifier.internaldocumentum26581810
okr.identifier.reportWPS7751
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/07/19/090224b08446ed23/1_0/Rendered/PDF/Effects0of0mul0ontract0cancellation.pdfen
okr.topicInfrastructure Economics and Finance::Private Participation in Infrastructure
okr.topicMacroeconomics and Economic Growth::Development Economics & Aid Effectiveness
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitPublic-Private Partnerships Cross-Cutting Solutions Area; Singapore Infrastructure and Urban Development Hub.
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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