Posts categorized under Public-Private Partnerships

Public-private partnerships in health care services

May 25, 2021
This research compares Portuguese hospital public-private partnerships (PPP) with the corporatized hospitals (EPE) regarding their social performance, between 2012 and 2017. The research accompanies a line of inquiry on whether hospital PPPs are more or less efficient than the traditional model of managing hospitals by focusing on the social side of health care. There is a generalized idea in the public that this type of partnership translates into ruinous contracts for the public purse and poorer health care services.

Spillovers of investment in PPPs onto Portuguese public and private investment and GDP

November 17, 2017
This paper presents results of time series techniques assessing the macroeconomic impact of investment in public-private partnerships (PPPs) on public and private investment in Portugal, using data for the period 1998-2013. The approach used allows the computation of crowding-in/crowding-out effects of investment from PPPs, that is, whether investment in PPPs provides favorable spillovers for the undertaking of private and public investment or otherwise is detrimental to its development. This area of research is particularly topical because this way of financing investment witnessed a surge in Portugal in the early 2000’s.

Renegotiation of Public-Private Partnerships

March 22, 2016
Over the last decades, Public-Private Partnerships (PPPs) have become a popular means for governments to build and maintain large infrastructure and public services. Portugal has used PPPs intensively (by 2011, it was the European country with the highest investment in PPPs as a % of GDP), mainly for highways. This paper raises the issue of why PPPs are so frequently renegotiated, and what effect those renegotiations have on PPP efficiency. We analyse who – the public or private party – initiates the renegotiation of the PPP contract and which reasons for renegotiations are most common.