Financing Through Public-Private Partnership and Development

Subject Areas : Labor and Demographic Economics

hasan noei aghdam ¹ , Sayed Shams Alddin Hoseini ² , Abbas Me'marnejad ³ , karim emami joze ⁴

1 - PhD student, Department of Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
2 - Assistant Professor of Economics, Department of Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
3 - Assistant Professor of Economics, Department of Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran
4 - Assistant Professor of Economics, Department of Economics, Science and Research Branch, Islamic Azad University, Tehran, Iran

Received: 2020-02-16 Accepted : 2020-02-16 Published : 2020-01-21

Keywords: Project, development, Public-Private Partnership, budget, G28, JEL Classification: G18, G38. Keywords: Financing,

Abstract :

The main purpose is to explain the impact of financing through public-private partnerships with government funding on development. For this purpose, the system of simultaneous equations was used based on Iranian Registry data from 1976 to 1978. Estimated coefficients for the effect of financing through public-private partnerships and government funding on development were tested. The results showed that public-private partnership financing was about four times more likely to affect development than government funding. This difference is not rejected at the 98% level. It is proposed to increase the share of financing through public-private partnerships rather than through government funding to further the development goals.This move, in addition to freeing up government funding for other development goals, allows for increased private sector participation.  

References:

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