Title: Size-dependent features of public-private partnerships: geographical and sectorial differences, deal size and structuring, and transaction costs

Authors: Wouter Thierie; Lieven De Moor

Addresses: Faculty of Economic and Social Sciences and Solvay Business School, Vrije Universiteit Brussel, Pleinlaan 2, 1050 Brussels, Belgium ' Faculty of Economic and Social Sciences and Solvay Business School, Vrije Universiteit Brussel, Pleinlaan 2, 1050 Brussels, Belgium

Abstract: The purpose of this paper is to identify and to review the size-dependent features of public-private partnerships (PPP) which precedes the complex exercise of defining the characteristics of small-scale PPPs. Our paper covers deal size variability across countries, sectors and time; relationship between deal size and structuring and financing of PPPs with respect to maturity, payment mechanism, debt ratio and type of bank debt; and important issues of transaction costs.

Keywords: small-scale; public-private partnership; public-private partnerships; PPP; deal size; transaction costs.

DOI: 10.1504/IJPP.2018.091954

International Journal of Public Policy, 2018 Vol.14 No.3/4, pp.206 - 223

Received: 13 Jul 2016
Accepted: 09 Aug 2017
Published online: 22 May 2018 *

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