Determinants of the formation process in public-private partnership projects in developing countries: evidence from China

References

• Albalate, D., G. Bel, and R. Richard Geddes. 2015. “The Determinants of Contractual Choice for Private Involvement in Infrastructure Projects.” Public Money & Management 35 (1): 87–94. Routledge. doi:10.1080/09540962.2015.986898.
   Web of Science ®Google Scholar
• Athias, L. 2013. “Local Public-Services Provision Under Public–Private Partnerships: Contractual Design and Contracting Parties Incentives.” Local Government Studies 39 (3): 312–331. Routledge. doi:10.1080/03003930.2013.782859
   Web of Science ®Google Scholar
• Bovaird, T. 2004. “Public-Private Partnerships: From Contested Concepts to Prevalent Practice.” International Review of Administrative Sciences 70 (2): 199–215. Sage PublicationsLondon. doi:10.1177/0020852304044250.
   Web of Science ®Google Scholar
• Boyer, E. J., and D. S. Scheller. 2018. “An Examination of State-Level Public–Private Partnership Adoption: Analyzing Economic, Political, and Demand-Related Determinants of PPPs.” Public Works Management & Policy 23 (1): 5–33. SAGE PublicationsSage CA: Los Angeles, CA. doi:10.1177/1087724X17729097.
   Web of Science ®Google Scholar
• BRI Data. 2020. “China PPP Market Annual Report 2020.”
   Google Scholar
• Buso, M., F. Marty, and P. Tra Tran. 2017. “Public-Private Partnerships from Budget Constraints: Looking for Debt Hiding?” International Journal of Industria1l Organization 51: 56–84. Elsevier. doi:10.1016/j.ijindorg.2016.12.002.
   Web of Science ®Google Scholar
• Carpintero, S., and O. Helby Petersen. 2016. “Public–Private Partnerships (PPPs) in Local Services: Risk-Sharing and Private Delivery of Water Services in Spain.” Local Government Studies 42 (6): 958–979. Routledge. doi:10.1080/03003930.2016.1204297.
   Web of Science ®Google Scholar
• Casady, C. B., K. Eriksson, R. E. Levitt, and W. Richard Scott. 2020. “(Re)defining Public-Private Partnerships (PPPs) in the New Public Governance (NPG) Paradigm: An Institutional Maturity Perspective.” Public Management Review 22 (2): 161–183. Routledge. doi:10.1080/14719037.2019.1577909.
   Web of Science ®Google Scholar
• Cepparulo, A., and G. Eusepi. 2019. “Public-Private Partnership and Fiscal Illusion: A Systematic Review.” Journal of Infrastructure, Policy and Development 3 (2): 288–309. EnPress Publisher. doi:10.24294/jipd.v3i2.1157.
   Google Scholar
• Cheng, Z., K. Yongjian, J. Lin, Z. Yang, and J. Cai. 2016. “Spatio-Temporal Dynamics of Public Private Partnership Projects in China.” International Journal of Project Management 34 (7): 1242–1251. Pergamon. doi:10.1016/J.IJPROMAN.2016.05.006.
   Web of Science ®Google Scholar
• Chou, J. S., and D. Pramudawardhani. 2015. “Cross-Country Comparisons of Key Drivers, Critical Success Factors and Risk Allocation for Public-Private Partnership Projects.” International Journal of Project Management 33 (5): 1136–1150. Pergamon. doi:10.1016/j.ijproman.2014.12.003.
   Web of Science ®Google Scholar
• Dao, N. H., V. Bhaskar Marisetty, J. Shi, and M. Tan. 2020. “Institutional Quality, Investment Efficiency, and the Choice of Public–Private Partnerships.” Accounting & Finance 60 (2): 1801–1834. John Wiley & Sons, Ltd. doi:10.1111/acfi.12514.
   Web of Science ®Google Scholar
• Flinders, M. 2005. “The Politics of Public-Private Partnerships.” The British Journal of Politics and International Relations 7 (2): 215–239. SAGE PublicationsSage UK: London, England. doi:10.1111/j.1467-856X.2004.00161.x.
   Google Scholar
• Guess, G. M., and M. Jun. 2015. “The Risks of Chinese Subnational Debt for Public Financial Management.” Public Administration and Development 35 (2): 128–139. John Wiley & Sons, Ltd. doi:10.1002/pad.1712.
   Web of Science ®Google Scholar
• Guo, Y., I. Martek, and C. Chen. 2019. “Policy Evolution in the Chinese PPP Market: The Shifting Strategies of Governmental Support Measures.” Sustainability 11 (11 (18)): 4872. 2019 Multidisciplinary Digital Publishing Institute: 4872. doi:10.3390/SU11184872.
   Web of Science ®Google Scholar
• Ham, H. V., and J. Koppenjan. 2001. “Building Public-Private Partnerships: Assessing and Managing Risks in Port Development.” Public Management Review 3 (4): 593–616. doi:10.1080/14616670110070622.
   Google Scholar
• Hare, P. 2013. “PPP and PFI: The Political Economy of Building Public Infrastructure and Delivering Services.” Oxford Review of Economic Policy 29 (1): 95–112. Oxford Academic. doi:10.1093/oxrep/grt007.
   Web of Science ®Google Scholar
• Hodge, G., C. Greve, and M. Biygautane. 2018. “Do Ppp’s Work? What and How Have We Been Learning so Far?” Public Management Review 20 (8): 1105–1121. Routledge. doi:10.1080/14719037.2018.1428410.
   Web of Science ®Google Scholar
• Irwin, T. C. 2016. “Dispelling Fiscal Illusions: How Much Progress Have Governments Made in Getting Assets and Liabilities on Balance Sheet?” Public Money & Management 36 (3): 219–226. Routledge. doi:10.1080/09540962.2016.1133981.
   Web of Science ®Google Scholar
• Ismail, S. 2014. “Driving Forces for Implementation of Public Private Partnerships (PPP) in Malaysia and a Comparison with the United Kingdom.” Journal of Economic and Administrative Sciences 30 (2): 82–95. Emerald Group Publishing Limited. doi:10.1108/JEAS-06-2013-0019.
   Google Scholar
• Kopańska, A., and R. Asinski. 2019. “Fiscal and Political Determinants of Local Government Involvement in Public-Private Partnership (PPP).” Local Government Studies 45 (6): 957–976. Routledge. doi:10.1080/03003930.2019.1635016.
   Web of Science ®Google Scholar
• Koppenjan, J. F. M. 2005. “The Formation of Public-Private Partnerships: Lessons from Nine Transport Infrastructure Projects in the Netherlands.” Public Administration 83 (1): 135–157. John Wiley & Sons, Ltd. doi:10.1111/j.0033-3298.2005.00441.x.
   Web of Science ®Google Scholar
• Mazzola, F., A. Cusimano, G. Di Giacomo, and R. Epifanio. 2019. “Local and Territorial Determinants in the Realization of Public–Private–Partnerships: An Empirical Analysis for Italian Provinces.” European Planning Studies 27 (11): 2266–2287. Routledge. doi:10.1080/09654313.2019.1640187.
   Web of Science ®Google Scholar
• Ministry of Finance. 2014. Notice on Regulating the Management of PPPs Contracts.
   Google Scholar
• Ministry of Finance. 2015. Notice on the Issuance of Guidelines on Financial Affordability of PPPs Projects. .
   Google Scholar
• Ministry of Finance. 2019. Implementation Opinions on Promoting the Standardized Development of Government and Social Capital Cooperation. .
   Google Scholar
• Mota, J., and A. C. Moreira. 2015. “The Importance of Non-Financial Determinants on Public-Private Partnerships in Europe.” International Journal of Project Management 33 (7): 1563–1575. Pergamon. doi:10.1016/j.ijproman.2015.04.005.
   Web of Science ®Google Scholar
• National Audit Office of PRC. 2013. “The Audit Result of National Government Debts.”
   Google Scholar
• Noble, G., and R. Jones. 2006. “The ROLE of BOUNDARY-SPANNING MANAGERS in the ESTABLISHMENT of PUBLIC-PRIVATE PARTNERSHIPS.” Public Administration 84 (4): 891–917. John Wiley & Sons, Ltd. doi:10.1111/J.1467-9299.2006.00617.X.
   Web of Science ®Google Scholar
• Otairu, A. G., A. A. Umar, N. Amila Wan Abdullah Zawawi, M. Sodangi, and D. B. Hammad. 2014. “Slow Adoption of PPPs in Developing Countries: Survey of Nigerian Construction Professionals.” Procedia Engineering 77: 188–195. No longer published by Elsevier. doi:10.1016/J.PROENG.2014.07.014.
   Google Scholar
• Pan, F., F. Zhang, S. Zhu, and D. Wójcik. 2016. “Developing by Borrowing? Inter-Jurisdictional Competition, Land Finance and Local Debt Accumulation in China.” 54, 4–916897–916, SAGE PublicationsSage UK: London, England doi:10.1177/0042098015624838
   Google Scholar
• Qiongyuan, Y., and L. Hu. 2018. “A Total of 1,695 PPP Retired Projects Were Cleared in Various Regions Involving an Investment of 1.8 Trillion Yuan.” Xinhua News Agency.
   Google Scholar
• Reeves, E., D. Palcic, D. Flannery, and R. Richard Geddes. 2017. “The Determinants of Tendering Periods for PPP Procurement in the UK: An Empirical Analysis.” Applied Economics 49 (11): 1071–1082. Routledge. doi:10.1080/00036846.2016.1210779.
   Web of Science ®Google Scholar
• Rosell, J., and A. Saz-Carranza. 2020. “Determinants of Public–Private Partnership Policies.” Public Management Review 22 (8): 1171–1190. Routledge. doi:10.1080/14719037.2019.1619816.
   Web of Science ®Google Scholar
• Sharma, C. 2012. “Determinants of PPP in Infrastructure in Developing Economies.” Transforming Government: People, Process and Policy 6 (2): 149–166. Emerald Group Publishing Limited. doi:10.1108/17506161211246908.
   Google Scholar
• Tan, J., and J. Zhirong Zhao. 2021. “Explaining the Adoption Rate of Public-Private Partnerships in Chinese Provinces: A Transaction Cost Perspective.” Public Management Review 23 (4): 590–609. Taylor and Francis Ltd. doi:10.1080/14719037.2019.1699947.
   Web of Science ®Google Scholar
• United Nations. 2015. Addis Ababa Action Agenda of the Third International Conference on Financing for Development. New York: United Nations.
   Google Scholar
• United Nations. 2016. “Closing the Infrastructure Gap.”
   Google Scholar
• Verhoest, K., O. Helby Petersen, W. Scherrer, and R. Murwantara Soecipto. 2015. “How Do Governments Support the Development of Public Private Partnerships? Measuring and Comparing PPP Governmental Support in 20 European Countries.” Transport Reviews 35 (2): 118–139. Routledge. doi:10.1080/01441647.2014.993746.
   Web of Science ®Google Scholar
• Wang, Y., and Z. Jery Zhao. 2014. “Motivations, Obstacles, and Resources: Determinants of Public-Private Partnership in State Toll Road Financing.” Public Performance & Management Review 37 (4): 679–704. M.E. Sharpe Inc. doi:10.2753/PMR1530-9576370407.
   Web of Science ®Google Scholar
• Wang, H., W. Xiong, W. Guangdong, and D. Zhu. 2018. “Public–Private Partnership in Public Administration Discipline: A Literature Review.” Public Management Review 20 (2): 293–316. Routledge. doi:10.1080/14719037.2017.1313445.
   Web of Science ®Google Scholar
• Wang, D., L. Zhang, Z. Zhang, and S. Xiaobin Zhao. 2011. “Urban Infrastructure Financing in Reform-Era China.” Urban Studies 48 (14): 2975–2998. SAGE PublicationsSage UK: London, England. doi:10.1177/0042098010392079.
   Web of Science ®Google Scholar
• World Bank. 2020. “Private Participation in Infrastructure (PPI) 2020 Annual Report.”
   Google Scholar
• Xiong, W., B. Chen, H. Wang, and D. Zhu. 2020. “Public–Private Partnerships as a Governance Response to Sustainable Urbanization: Lessons from China.” Habitat International 95: 102095. Pergamon. doi:10.1016/J.HABITATINT.2019.102095.
   Web of Science ®Google Scholar
• Yang, Y., Y. Hou, and Y. Wang. 2013. “On the Development of Public-Private Partnerships in Transitional Economies: An Explanatory Framework.” Public Administration Review 73 (2): 301–310. John Wiley & Sons, Ltd. doi:10.1111/j.1540-6210.2012.02672.x.
   Web of Science ®Google Scholar
• Yurdakul, H., R. Kamaşak, and T. Yazar Öztürk. 2022. “Macroeconomic Drivers of Public Private Partnership (PPP) Projects in Low Income and Developing Countries: A Panel Data Analysis.” Borsa Istanbul Review 22 (1): 37–46. Elsevier. doi:10.1016/j.bir.2021.01.002.
   Web of Science ®Google Scholar
• Zhan, C., M. de Jong, and H. de Bruijn. 2017. “Path Dependence in Financing Urban Infrastructure Development in China: 1949–2016.” Journal of Urban Technology 24 (4): 73–93. Routledge. doi:10.1080/10630732.2017.1334862.
   Web of Science ®Google Scholar
• Zhang, B., L. Zhang, W. Jing, and S. Wang. 2019. “Factors Affecting Local Governments’ Public-Private Partnership Adoption in Urban China.” Sustainability (Switzerland) 11 (23): 6831. doi:10.3390/su11236831.
   Web of Science ®Google Scholar
• Zhao, J. Z., S. Guocan, and L. Dan. 2019. “Financing China’s Unprecedented Infrastructure Boom: The Evolution of Capital Structure from 1978 to 2015.” Public Money & Management 39 (8): 581–589. Routledge. doi:10.1080/09540962.2019.1621049.
   Web of Science ®Google Scholar
• Zheng, H., X. Wang, and S. Cao. 2014. “The Land Finance Model Jeopardizes China’s Sustainable Development.” Habitat International 44: 130–136. Pergamon. doi:10.1016/J.HABITATINT.2014.05.008.
   Web of Science ®Google Scholar