Public-Private Partnerships and Prices: Evidence from Water Distribution in France

Chong, Eshien; Huet, Freddy; Saussier, Stéphane; Steiner, Faye

doi:10.1007/s11151-006-9106-8

Cited by 153 publications

(78 citation statements)

References 21 publications

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“…Blanc-Brude et al (2006) analyse ex-ante construction costs (costs borne before construction actually starts) in a sample of PPPs in the road sector financed by the European Investment Bank between 1990 and 2005 and find that these are about 20% higher than traditionally procured road projects. Chong et al (2006) also find evidence of the importance of transaction costs for French water distribution.…”

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confidence: 73%

Public-Private Partnerships and Investment in Infrastructure

Araujo

Sutherland

2010

OECD Economics Department Working Papers

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JT03288716How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure? Private sector involvement in the provision of public goods is long-standing, often relying on franchises or concessions. More recently, PPPs have risen in prominence, promising innovative solutions and a better allocation of inputs than traditional procurement with separate concessions. However PPPs are not without risks with the outcome depending on the identification of the most efficient bidder, the risk sharing between the public and private sector and the design of the contractual relationship. Furthermore, PPPs, particularly when they are used to circumvent budgetary constraints, present risks to government budgets by creating large contingent liabilities. Drawing on a discussion of the economics of PPPs in relation to infrastructure and questionnaire responses, synthetic indicators are used to assess how well-suited policy frameworks in the OECD are to benefit from PPPs. The results show marked heterogeneity across countries, suggesting there is scope to improve performance and gain expertise by considering other countries" experiences.JEL Codes: D23; H41; L33 Keywords: public-private partnerships; public goods; incomplete contracts; investment incentives ********************************************* Partenariats public-privé et investissement en infrastructuresComment le secteur public peut-il tirer parti des avantages éventuels des partenariats public-privé (PPP), s"agissant de la mise à disposition d"infrastructures ? Le secteur privé intervient de longue date dans l"offre de biens publics, souvent dans le cadre de concessions. Plus récemment, les PPP ont gagné en importance, présageant de solutions novatrices et d"une affectation des ressources plus efficace que celle de la passation de marchés classique basée sur des concessions distinctes. Mais les PPP ne sont pas dénués de risques, leur résultat étant tributaire de la sélection du soumissionnaire le plus efficient, du partage des risques entre secteurs public et privé, ainsi que du montage contractuel retenu. De plus, surtout si l"on y fait appel pour échapper à des contraintes budgétaires, ils entraînent des risques pour les budgets publics parce qu"ils génèrent d"importants passifs éventuels. Des indicateurs synthétiques, établis à partir d"une analyse des aspects économiques des PPP dans le domaine des infrastructures et des réponses à un questionnaire, sont utilisés pour évaluer dans quelle mesure les cadres d"action des pays de l"OCDE sont adaptés pour exploiter les avantages des PPP. Il en ressort une forte hétérogénéité internationale, qui laisse entrevoir des possibilités d"améliorer les résultats et d"acquérir des connaissances en étudiant les expériences des autres pays.

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confidence: 73%

Public-Private Partnerships and Investment in Infrastructure

Araujo

Sutherland

2010

OECD Economics Department Working Papers

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“…D. Hall and E. Lobina empirically show that the privatization of the water supply companies sometimes leads to unjustified price increases [4,5]. E. Chong et al have also shown the example of the water supply in France, where the choice of any form of public-private partnerships instead of the direct state / municipal government is likely to lead to an increase in the cost of the urban water supply services [6].…”

Section: Brief Literature Review and Goal Of The Researchmentioning

confidence: 99%

Evaluation of alternative institutional arrangements in public utilities

Ермишина

Mienshenina

2017

SHS Web Conf.

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Abstract. Since the early 2000s a policy of attracting private operators to public utilities, which should help to increase productivity, reduce costs, and as a result, reduce utility prices, takes place in Russia. The aim of the study is to identify the relationship between institutional arrangements and pricing of water and sanitation services. Statistical and cluster analysis was applied to empirical data on water utilities in the 13 largest cities. There were the differences in the level and dynamics of prices for water supply and sanitation in the group of public utilities and public private water utilities.

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“…Under PFI-type, the government specifies the output but the private actors retain the residual control rights regarding the service's delivery (Bennet & Iossa, 2010). In this sense, the PPP concept is more comprehensive, covering several other modes of private participation (privatization, concessions, outsourcing, institutional cooperation for joint production, and public policy networks) in the provision of public utilities (Chong et al, 2006;Guasch, Laffont, & Straub, 2008;Hodge & Greve, 2007).…”

Section: Ppp and The Impact Of Property Rightsmentioning

confidence: 99%

“…The water (Chong, Huet, Saussier, & Steiner, 2006), electricity (Glachant & Finon, 2003), roads (Athias & Saussier, 2007), telecommunications (Levy & Spiller, 1994) and also even more human and lessinfrastructure sectors such as health care (Albreht & Klazinga, 2009) and social security (Cronqvist & Thaler, 2004) have been analyzed. However, little is known about the public and private governance of criminal justice services, such as prisons (Cabral & Azevedo, 2008).…”

Section: Introductionmentioning

confidence: 99%

Organizing Prisons through Public-Private Partnerships: a cross-country investigation

Cabral

Saussier

2012

BAR, Braz. Adm. Rev.

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In this paper, we analyze the private participation in prison services in three countries: Brazil, France, and the United States. We highlight striking differences in efficiency between these countries and argue that the explanation for these differences is not restricted to the way property rights are distributed (i.e. public vs. private management). Instead, our analysis suggests that understanding those differences also requires an analysis of the incentives provided by contractual choices as well as decision and revenue rights distribution and institutional constraints. The theoretical literature usually analyzes these blocks separately, and often focuses on property rights distribution. We argue that an efficient arrangement is the result of the way these elements are combined, giving rise to a distinctive governance structure.

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Public-Private Partnerships and Prices: Evidence from Water Distribution in France

Cited by 153 publications

References 21 publications

Public-Private Partnerships and Investment in Infrastructure

Public-Private Partnerships and Investment in Infrastructure

Evaluation of alternative institutional arrangements in public utilities

Organizing Prisons through Public-Private Partnerships: a cross-country investigation

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