Abstract
We analyze various determinants of PPP adoption in the totality of its process, using exhaustive data on PPPs by local governments in France. In general, our results confirm the relevance of institutional factors (municipality size and its financial situation), mayors’ personal characteristics (political ideology, behavior towards political competition and mimetic behavior). However, during the adoption process, we observe a less significant impact of mimetic behavior, and a work of mayors trying to enhance their financial situation before the final decision to implement PPPs. This finding is in line with literature in Public Administration about the benevolent characteristic of public employees.
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