Abstract

In this paper, the authors are particularly interested in revealing the relationship between public–private partnership (PPP) investments and regional productivity. The main data sources are the database provided by the UK Her Majesty's Treasury on private finance initiative projects and the regional economic performance indicators published by the Department for Business Enterprise & Regulatory Reform. Regarding the regional distribution of projects, we are interested in determining whether this distribution is stable regardless of the authority promoting the projects. In addition, we utilise an econometric panel data model to evaluate the statistical association between PPP investment and regional productivity.

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