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Commercial investment in public–private partnerships

The Impact of Government Characteristics

Bibliographic Data

ID6301823
AuthorsHuanming Wang (0000-0001-5173-1514, Dalian University of Technology), Xiaoyun Sun (0000-0001-5937-0733, Dalian University of Technology), Yu Shi (0000-0002-8585-9484, Dalian University of Technology, corresponding author)
Year2024
Volume50
Issue1
Pages230-260
Publication date2024-01-02
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueLocal Government Studies (JOURNAL)
Journal identifiersISSN: 0300-3930 • E-ISSN: 1743-9388
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/03003930.2023.2198217
OpenAlexW4362585730
LanguageEN
Citations received4
References cited83

How to attract commercial investment to provide infrastructure and public service is an important issue for governments around the world. This paper investigated what government characteristics can attract commercial investment. Using China’s PPP cases, this study shows that local government’s fiscal stress, land resources, and wealth are important determinants in attracting commercial investment. The business environment of local government plays a moderating role between government characteristics (i.e., fiscal stress, land resources, and wealth) and commercial investment. By highlighting the determinants of commercial investment, this study offers important implications for the theory and practice of PPP management

Business · China · Economic policy · Economics · Government (linguistics · Investment (military · Local government · Market economy · Politics · Public infrastructure · Public service · Service (business · Fiscal Policy and Economic Growth · Public Administration · Public Procurement and Policy · Public-Private Partnership Projects · Finance · Marketing

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Unique citing works4
Citations per year2
Citation span2024 - 2025 (2)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 4

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