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Pré-Publication, Document De Travail Année : 2016

Public Private Partnerships from Budget Constraints: Looking for Debt Hiding?

Résumé

The use of Public-Private Partnerships (PPPs) to realize and operate public infrastructures is often associated with fiscal circumventing motivations. Using data at the municipal level, this paper investigates whether budget-constrained public authorities adopt PPPs in order to hide public debts. The results show that financial di culties often lead to a preference for PPPs instead of traditional forms of public procure- ment. However, this behavior is not explained by the possibility of debt hiding. We then discuss alternative explanations for these findings.
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Dates et versions

halshs-01275217 , version 1 (17-02-2016)

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  • HAL Id : halshs-01275217 , version 1

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Marco Buso, Frédéric Marty, Tran-Phuong Tra. Public Private Partnerships from Budget Constraints: Looking for Debt Hiding?. 2016. ⟨halshs-01275217⟩
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