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221013 ||| eng |
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|a Marcelo Gordillo, Darwin
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|a Effects of Multilateral Support on Infrastructure PPP Contract Cancellation
|h Elektronische Ressource
|c Darwin Marcelo Gordillo
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| 260 |
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|a Washington, D.C
|b The World Bank
|c 2016
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| 300 |
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|a 18 p
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1 |
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|a Marcelo Gordillo, Darwin
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| 700 |
1 |
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|a House, Schuyler
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b WOBA
|a World Bank E-Library Archive
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| 490 |
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|a World Bank E-Library Archive
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| 028 |
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|a 10.1596/1813-9450-7751
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| 856 |
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|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7751
|x Verlag
|3 Volltext
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|a 330
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|a This paper examines the relationship between multilateral support and contract cancellation in long-term infrastructure public-private partnerships. The analysis draws on a large data set and employs a multi-level econometric model to define propensity scores and matching estimators to compare rates of cancellation between projects with multilateral support and a comparison group of public-private partnership projects without multilateral support. The results suggest that multilateral support has a positive effect on the survival of long-term public-private partnership infrastructure contracts. Whereas observed the data suggest that multilateral support has no effect on cancellation rates, a quasi-experimental approach shows that the cancellation rate for projects with multilateral (6 percent) would have been about 48 percent higher without support from multilateral development organizations
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