Commercial investment in public-private partnerships: the impact of government characteristics

被引：6
|
作者：
Wang, Huanming [1 ]
Sun, Xiaoyun [2 ]
Shi, Yu [3 ,4 ]
机构：
[1] Dalian Univ Technol, Dept Publ Adm, Dalian, Peoples R China
[2] Dalian Univ Technol, Fac Humanities & Social Sci, Dalian, Peoples R China
[3] Dalian Univ Technol, Publ Adm program Fac Humanities & Social Sci, Dalian, Peoples R China
[4] Dalian Univ Technol, Dept Publ Adm, 2 Linggong Rd, Dalian, Liaoning, Peoples R China
来源：
LOCAL GOVERNMENT STUDIES | 2024年 / 50卷 / 01期
基金：
中国国家自然科学基金;
关键词：
Public-private partnerships; private investment; business environment; fiscal stress; land finance; INFRASTRUCTURE INVESTMENT; PPP PROJECTS; LAND FINANCE; CORRUPTION; INNOVATION; PARTICIPATION; DETERMINANTS; INSTITUTIONS; REGENERATION; CAPABILITIES;
D O I：
10.1080/03003930.2023.2198217
中图分类号：
TU98 [区域规划、城乡规划];
学科分类号：
0814 ; 082803 ; 0833 ;
摘要：
How to attract commercial investment to provide infrastructure and public service is an important issue for governments around the world. This paper investigated what government characteristics can attract commercial investment. Using China's PPP cases, this study shows that local government's fiscal stress, land resources, and wealth are important determinants in attracting commercial investment. The business environment of local government plays a moderating role between government characteristics (i.e., fiscal stress, land resources, and wealth) and commercial investment. By highlighting the determinants of commercial investment, this study offers important implications for the theory and practice of PPP management.
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页码：230 / 260
页数：31
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