Abstract

The article substantiates the impact of investment in infrastructure in general and public-private partnership (PPP) projects in particular on the level of economic welfare of the Russian Federation’s federal districts. Quantitative research, including correlation analysis and regression models, determines the direction and degree of influence of investments in PPP projects on the GRP per capita on the scale of each federal district. Correlation analysis revealed a close positive relationship between the target feature and the variable of interest for most federal districts of the Russian Federation. Regression models based on the calculation of GRP using the expenditure method and thus ensuring the relevance and interpretability of calculations show a significant positive impact of investments in PPP projects on the level of economic welfare in the Federal districts of the Russian Federation. The impact of investments in PPP projects on the target feature identified in the study allows us to recommend a forced increase in the number of infrastructure projects implemented on the PPP principles, taking into account the benefits from this mechanism for all economic entities.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.