Is EU financial support enhancing the economic performance of PPP projects? An empirical analysis on the case of spanish road infrastructure

Garrido Maza, Laura; Gómez Sánchez, Juan; Baeza Muñoz, Mª de los Ángeles y Vassallo Magro, José Manuel (2017). Is EU financial support enhancing the economic performance of PPP projects? An empirical analysis on the case of spanish road infrastructure. "Transport Policy", v. 56 ; pp. 19-28. ISSN 0967-070X. https://doi.org/10.1016/j.tranpol.2017.02.010.

Descripción

Título: Is EU financial support enhancing the economic performance of PPP projects? An empirical analysis on the case of spanish road infrastructure
Autor/es:
  • Garrido Maza, Laura
  • Gómez Sánchez, Juan
  • Baeza Muñoz, Mª de los Ángeles
  • Vassallo Magro, José Manuel
Tipo de Documento: Artículo
Título de Revista/Publicación: Transport Policy
Fecha: Mayo 2017
Volumen: 56
Materias:
Palabras Clave Informales: Public-Private Partnerships; European financial instruments; Multiple regression model; Economic performance; Profitability; Spain
Escuela: E.T.S.I. Caminos, Canales y Puertos (UPM)
Departamento: Ingeniería Civil: Transporte y Territorio
Licencias Creative Commons: Reconocimiento - Sin obra derivada - No comercial

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Resumen

During the last few decades, the European Union has been promoting the use of PPPs in order to accelerate the development of the TEN-T for ensuring economic, social and territorial cohesion and increasing accessibility within the EU. To that end, several mechanisms have been put at the disposal of the Member States to enhance transport infrastructure of interest for the EU. This paper conducts a review of the main funding programs implemented by the EU authorities in order to evaluate to what extent the European support has been rightly channelled to PPP projects. To that end, a multiple regression model has been applied to road PPP projects in Spain to analyse whether those PPP projects with EU financial backing ultimately have a higher economic performance compared to those projects not receiving such a support. The research concludes that there is a positive correlation between receiving European financial support and the good economic performance of those projects.

Proyectos asociados

TipoCódigoAcrónimoResponsableTítulo
Gobierno de EspañaTRA2012-36590Sin especificarJosé Manuel Vassallo MagroEU support mechanisms to promote public private partnerships for financing transeuropean transport infrastructure

Más información

ID de Registro: 45439
Identificador DC: http://oa.upm.es/45439/
Identificador OAI: oai:oa.upm.es:45439
Identificador DOI: 10.1016/j.tranpol.2017.02.010
URL Oficial: http://www.sciencedirect.com/science/article/pii/S0967070X16300191
Depositado por: Memoria Investigacion
Depositado el: 19 Abr 2017 12:41
Ultima Modificación: 19 Abr 2017 12:41
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