Motivations, obstacles, and resources: Determinants of public-private partnership in state toll road financing

Yin Wang; Zhirong Jery Zhao

doi:10.2753/PMR1530-9576370407

Motivations, obstacles, and resources: Determinants of public-private partnership in state toll road financing

Yin Wang, Zhirong Jery Zhao

Research output: Contribution to journal › Article › peer-review

40 Scopus citations

Abstract

Faced with significant infrastructure deficits, U.S. governments at all levels are increasingly considering the use of public-private partnership (PPP) to leverage private finance to support public infrastructure development. This study focuses on PPP tolling in highway development and seeks to explain the determinants for adopting this innovation, using data on toll road activities in the United States during 1985-2010. The results show that the probability of adopting PPP in highway tolling projects is significantly affected by traffic demands and fiscal pressures, liberal political ideology and administrative inertia, state wealth, state PPP legislation, and earlier experiences of PPP adoption in the state and elsewhere.

Original language	English (US)
Pages (from-to)	679-704
Number of pages	26
Journal	Public Performance and Management Review
Volume	37
Issue number	4
DOIs	https://doi.org/10.2753/PMR1530-9576370407
State	Published - Jun 1 2014

Bibliographical note

Funding Information:
Funding for this research was provided by the Shanghai Pujiang Program.

Keywords

policy innovation and diffusion
public-private partnership
transportation finance

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Publisher link

10.2753/PMR1530-9576370407

Find It

Find It at U of M Libraries

Cite this

@article{c5a6eb8ebb5a45b88460c0d7dcc8fb05,

title = "Motivations, obstacles, and resources: Determinants of public-private partnership in state toll road financing",

abstract = "Faced with significant infrastructure deficits, U.S. governments at all levels are increasingly considering the use of public-private partnership (PPP) to leverage private finance to support public infrastructure development. This study focuses on PPP tolling in highway development and seeks to explain the determinants for adopting this innovation, using data on toll road activities in the United States during 1985-2010. The results show that the probability of adopting PPP in highway tolling projects is significantly affected by traffic demands and fiscal pressures, liberal political ideology and administrative inertia, state wealth, state PPP legislation, and earlier experiences of PPP adoption in the state and elsewhere.",

keywords = "policy innovation and diffusion, public-private partnership, transportation finance",

author = "Yin Wang and Zhao, {Zhirong Jery}",

note = "Funding Information: Funding for this research was provided by the Shanghai Pujiang Program.",

year = "2014",

month = jun,

day = "1",

doi = "10.2753/PMR1530-9576370407",

language = "English (US)",

volume = "37",

pages = "679--704",

journal = "Public Performance & Management Review",

issn = "1530-9576",

publisher = "SAGE Publications Inc.",

number = "4",

}

TY - JOUR

T1 - Motivations, obstacles, and resources

T2 - Determinants of public-private partnership in state toll road financing

AU - Wang, Yin

AU - Zhao, Zhirong Jery

N1 - Funding Information: Funding for this research was provided by the Shanghai Pujiang Program.

PY - 2014/6/1

Y1 - 2014/6/1

N2 - Faced with significant infrastructure deficits, U.S. governments at all levels are increasingly considering the use of public-private partnership (PPP) to leverage private finance to support public infrastructure development. This study focuses on PPP tolling in highway development and seeks to explain the determinants for adopting this innovation, using data on toll road activities in the United States during 1985-2010. The results show that the probability of adopting PPP in highway tolling projects is significantly affected by traffic demands and fiscal pressures, liberal political ideology and administrative inertia, state wealth, state PPP legislation, and earlier experiences of PPP adoption in the state and elsewhere.

AB - Faced with significant infrastructure deficits, U.S. governments at all levels are increasingly considering the use of public-private partnership (PPP) to leverage private finance to support public infrastructure development. This study focuses on PPP tolling in highway development and seeks to explain the determinants for adopting this innovation, using data on toll road activities in the United States during 1985-2010. The results show that the probability of adopting PPP in highway tolling projects is significantly affected by traffic demands and fiscal pressures, liberal political ideology and administrative inertia, state wealth, state PPP legislation, and earlier experiences of PPP adoption in the state and elsewhere.

KW - policy innovation and diffusion

KW - public-private partnership

KW - transportation finance

UR - http://www.scopus.com/inward/record.url?scp=84904817866&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84904817866&partnerID=8YFLogxK

U2 - 10.2753/PMR1530-9576370407

DO - 10.2753/PMR1530-9576370407

M3 - Article

AN - SCOPUS:84904817866

VL - 37

SP - 679

EP - 704

JO - Public Performance & Management Review

JF - Public Performance & Management Review

SN - 1530-9576

IS - 4

ER -

Motivations, obstacles, and resources: Determinants of public-private partnership in state toll road financing

Abstract

Bibliographical note

Keywords

UN SDGs

Publisher link

Find It

Other files and links

Fingerprint

Cite this