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 | |
| State | Published - Jun 1 2014 |
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Keywords
- policy innovation and diffusion
- public-private partnership
- transportation finance
Cite this
Motivations, obstacles, and resources : Determinants of public-private partnership in state toll road financing. / Wang, Yin; Zhao, Zhirong Jery.
In: Public Performance and Management Review, Vol. 37, No. 4, 01.06.2014, p. 679-704.Research output: Contribution to journal › Article
}
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
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
VL - 37
SP - 679
EP - 704
JO - Public Performance & Management Review
JF - Public Performance & Management Review
SN - 1530-9576
IS - 4
ER -