{"title":"Analysing the link between corruption and PPPs in infrastructure projects: an empirical assessment in developing countries","authors":"Beatriz Cuadrado-Ballesteros, Noemí Peña-Miguel","doi":"10.1080/17487870.2021.1973899","DOIUrl":null,"url":null,"abstract":"ABSTRACT This study analyses the relationship between public-private partnerships (PPPs) and corruption. Several econometric analyses were developed using a sample of 92 low- and middle-income countries over the period 1995–2018. There is research in the literature that discusses the theoretical vulnerability of PPPs to corruption, but this study adds empirical evidence, considering that developing countries have more problems with corruption than do other countries. The results suggest that corruption has a positive impact on the number of PPP arrangements and on the amount of investment commitments. This provides evidence of a positive link between corruption and PPP projects.","PeriodicalId":51737,"journal":{"name":"Journal of Economic Policy Reform","volume":"25 1","pages":"136 - 155"},"PeriodicalIF":3.3000,"publicationDate":"2021-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic Policy Reform","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/17487870.2021.1973899","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 2
Abstract
ABSTRACT This study analyses the relationship between public-private partnerships (PPPs) and corruption. Several econometric analyses were developed using a sample of 92 low- and middle-income countries over the period 1995–2018. There is research in the literature that discusses the theoretical vulnerability of PPPs to corruption, but this study adds empirical evidence, considering that developing countries have more problems with corruption than do other countries. The results suggest that corruption has a positive impact on the number of PPP arrangements and on the amount of investment commitments. This provides evidence of a positive link between corruption and PPP projects.
期刊介绍:
The Journal of Economic Policy Reform focuses on the analysis of economic policy reform. The journal draws upon what lessons can be learned from the successes and failures of countries undertaking reforms and how existing theories can be developed to shed light on positive as well as normative aspects of the reform process. The Journal of Economic Policy Reform encourages work from economists and political economy analysts on policies to promote growth and reduce poverty, intellectual property rights, aid versus trade, debt and debt relief, taxation and social security systems, surveys of key reform issues, as well as on corruption, democracy, emerging markets and the role of multilateral institutions.