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150128 ||| eng |
020 |
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|a 9781451863598
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100 |
1 |
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|a Yehoue, Etienne
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245 |
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|a Determinants of Public-Private Partnerships in Infrastructure
|c Etienne Yehoue, Mona Hammami, Jean-François Ruhashyankiko
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2006
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300 |
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|a 39 pages
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651 |
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4 |
|a United States
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653 |
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|a National Government Expenditures and Related Policies: Infrastructures
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653 |
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|a Income
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653 |
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|a Investment
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653 |
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|a Public finance & taxation
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653 |
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|a Infrastructure
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653 |
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|a Purchasing power parity
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653 |
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|a Currency
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653 |
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|a Trade: General
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653 |
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|a Exports and Imports
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653 |
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|a Other Public Investment and Capital Stock
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653 |
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|a Aggregate Factor Income Distribution
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653 |
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|a Intangible Capital
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653 |
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|a International economics
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653 |
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|a Foreign Exchange
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653 |
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|a Purchasing power
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653 |
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|a Saving and investment
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653 |
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|a Exports
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653 |
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|a Public-private sector cooperation
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653 |
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|a Macroeconomics
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653 |
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|a Capacity
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653 |
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|a Public investment and public-private partnerships (PPP)
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653 |
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|a Capital
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653 |
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|a Public Finance
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653 |
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|a Foreign exchange
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700 |
1 |
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|a Hammami, Mona
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700 |
1 |
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|a Ruhashyankiko, Jean-François
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Working Papers
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2006/099/001.2006.issue-099-en.xml?cid=19086-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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520 |
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|a This paper presents an empirical analysis of the cross-country and cross-industry determinants of public-private partnership (PPP) arrangements. We find that PPPs tend to be more common in countries where governments suffer from heavy debt burdens and where aggregate demand and market size are large. Our findings also suggest that macroeconomic stability is essential for PPPs. We provide evidence on the importance of institutional quality, where less corruption and effective rule of law are associated with more PPP projects. PPPs are also more prevalent in countries with previous PPP experiences. At the industry level, we find that PPP determinants vary across industries depending on the nature of public infrastructure, capital intensity, and technology required. We also find that private participation in PPP projects depends on the expected marketability, the technology required, and the degree of "impurity" of the goods or services
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