In this paper we discuss procedural and contractual aspects of Public Private Partnerships (PPP) in Italy, in the light of the economic theory of contracts and of incentives. We emphasize the potential role for PPPs for infrastructure development in Italy and the inefficiencies that arise in practice because of administrative risk, procedural complexity that distort competition and inefficient allocation of risks between the public and the private sector.
Iossa, E., Antellini Russo, F. (2008). Potenzialità e criticità del partenariato pubblico private in Italia. RIVISTA DI POLITICA ECONOMICA, 98(5-6), 125-158.
Potenzialità e criticità del partenariato pubblico private in Italia
IOSSA, ELISABETTA;
2008-01-01
Abstract
In this paper we discuss procedural and contractual aspects of Public Private Partnerships (PPP) in Italy, in the light of the economic theory of contracts and of incentives. We emphasize the potential role for PPPs for infrastructure development in Italy and the inefficiencies that arise in practice because of administrative risk, procedural complexity that distort competition and inefficient allocation of risks between the public and the private sector.File in questo prodotto:
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