Optimal Capital Structure of Public-Private Joint Ventures /

This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to the public entity. The paper shows how different knowledge t...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Gasiorowski, Pawel
Rannpháirtithe: Moszoro, Marian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2008.
Sraith:IMF Working Papers; Working Paper ; No. 2008/001
Rochtain ar líne:Full text available on IMF
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020 |z 9781451868630 
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100 1 |a Gasiorowski, Pawel. 
245 1 0 |a Optimal Capital Structure of Public-Private Joint Ventures /  |c Pawel Gasiorowski, Marian Moszoro. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (13 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents a model to assess the efficiency of the capital structure in public-private partnerships (PPP). A main argument supporting the PPP approach for investment projects is the transfer of know-how from the private partner to the public entity. The paper shows how different knowledge transfer schemes determine an optimal shareholding structure of the PPP. Under the assumption of lower capital cost of the public partner and lower development outlays when the investment is carried out by a private investor, an optimal capital structure is achieved with both the public and the private parties as shareholders. 
538 |a Mode of access: Internet 
700 1 |a Moszoro, Marian. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/001 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/001/001.2008.issue-001-en.xml  |z IMF e-Library