A1 Refereed original research article in a scientific journal
An integrated ecosystem model for understanding infrastructure PPPs
Authors: Pekka Leviäkangas, Lauri Ojala, Juuso Töyli
Publisher: Elsevier
Publication year: 2016
Journal: Utilities Policy
Journal name in source: UTILITIES POLICY
Journal acronym: UTIL POLICY
Volume: 42
First page : 10
Last page: 19
Number of pages: 10
ISSN: 0957-1787
DOI: https://doi.org/10.1016/j.jup.2016.09.001
Abstract
To overcome the seemingly chronic funding gap for public infrastructure investments, well over thousand Public-Private Partnerships (PPPs) have been carried out around the world with varying success in terms of investor returns and socio-economic sustainability. This paper proposes an integrated model that assesses PPP projects at three levels of observation: i) the market; ii) the cash-flow of a project; and iii) the ecosystem around PPPs. The aim is to build a more holistic yet comprehensible framework that links these three levels to better understand PPPs especially in the context of infrastructure projects. It can also be modified to fit multiple contexts and used as a tool for analysing PPPs in their early stages. (C) 2016 Elsevier Ltd. All rights reserved.
To overcome the seemingly chronic funding gap for public infrastructure investments, well over thousand Public-Private Partnerships (PPPs) have been carried out around the world with varying success in terms of investor returns and socio-economic sustainability. This paper proposes an integrated model that assesses PPP projects at three levels of observation: i) the market; ii) the cash-flow of a project; and iii) the ecosystem around PPPs. The aim is to build a more holistic yet comprehensible framework that links these three levels to better understand PPPs especially in the context of infrastructure projects. It can also be modified to fit multiple contexts and used as a tool for analysing PPPs in their early stages. (C) 2016 Elsevier Ltd. All rights reserved.
UTU Research Portal