Money, Emulation or Efficacy? A Duration Analysis of Public-Private Partnerships

• In Event: Poster Session: Presidents and Executive Politics & Public Policy
  In Poster Session: Poster Session: Public Policy

Abstract

In the last two decades, countries of different levels of economic development, distinct political inclinations and varied cultural and state formation characteristics have established a framework in order to regulate and incentivize Public-Private Partnerships. Why governments with such diverse characteristics have established the same public policy? The present work uses an original database with information from 52 countries, including OECD members and Latin American countries, for the period from 1990 to 2016, to test the hypothesis that the mechanism of emulation between countries has a significant effect. That is, the adoption of PPPs in one country systematically increases the chances that other governments will take the same path. The survival analysis indicates a significant effect of the influence among countries in the case of Latin America specifically. In addition, controlling for the interdependence effect, hypotheses related to domestic economic and political variables were tested and revealed that the greater the economic growth of a Latin American country, the greater the likelihood of establishing a PPP framework.

Author

• Ana Luiza Ferreira, Universidade Federal de Pernambuco