Ex-Ante Evaluation of Public-Private Partnerships: Macroeconomic Analysis

被引：11

作者：

Liu, Junxiao ^{[1
]}

Love, Peter E. D. ^{[1
]}

Carey, Brad ^{[2
]}

Smith, Jim ^{[3
]}

Regan, Michael ^{[3
]}

机构：

[1] Curtin Univ, Sch Civil & Mech Engn, Perth, WA 6845, Australia

[2] Curtin Univ, Dept Construct Management, Perth, WA 6845, Australia

[3] Bond Univ, Inst Sustainable Dev & Architecture, Gold Coast, Qld 4229, Australia

来源：

JOURNAL OF INFRASTRUCTURE SYSTEMS | 2015年 / 21卷 / 02期

关键词：

Economic factors; Partnerships; Infrastructure; Private sector; Ex-ante evaluation; Public-private partnerships; Key performance indicators; Macroeconomic environment; FORECASTING CONSTRUCTION DEMAND; ERROR-CORRECTION; HEALTH-CARE; HONG-KONG; PROJECTS; MONEY; PERFORMANCE; PROCUREMENT; SUCCESS; SECTOR;

D O I：

10.1061/(ASCE)IS.1943-555X.0000228

中图分类号：

TU [建筑科学];

学科分类号：

0813 ;

摘要：

Public-private partnerships (PPPs) are currently a popular approach for governments to procure social and economic infrastructure. The macroeconomic environment plays a critical role and influences the factors that can lead to the successful delivery of a PPP project. Despite the importance of the macroeconomic environment, limited attention has been paid to ex-ante (that is, before the event, or forecast) evaluation. A review of the normative literature was undertaken, aiming to derive key performance indicators (KPIs) of PPP success. The KPIs were validated by using a vector error correction model. It is suggested that the developed KPIs can be used to evaluate the suitability of the macroeconomic conditions in which a PPP project will be implemented. These KPIs can provide governments and stakeholders with a platform to conduct an effective ex-ante evaluation of PPP projects that will be significant in policy and decision making. (C) 2014 American Society of Civil Engineers.

引用

页数：8

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