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

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    30 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 languageEnglish (US)
    Pages (from-to)679-704
    Number of pages26
    JournalPublic Performance and Management Review
    Volume37
    Issue number4
    DOIs
    StatePublished - Jun 1 2014

    Keywords

    • policy innovation and diffusion
    • public-private partnership
    • transportation finance

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