Official tenure, fiscal capacity, and PPP withdrawal of local governments: evidence from China’s PPP project platform

• Main Authors: Wang, Yingying, Song, Wenjuan, Zhang, Bo, Tiong, Robert Lee Kong
• Other Authors: School of Civil and Environmental Engineering
• Format: Article
• Language: English
• Published: 2022
• Subjects: Engineering::Civil engineering; PPP Withdrawal; Over-Investment
• Online Access: https://hdl.handle.net/10356/163401
• Institution: Nanyang Technological University

PPP withdrawal policy is helpful to reduce over-investment in PPPs leading to sustainable development. However, little is known about the role of local governments on over-investment in PPPs. Using the PPP Project Platform Data, a unique dataset, this article is able to quantify over-investment in P...