Examining public private partnerships in ASEAN countries : The role of investment climate
Evidently, the ASEAN countries are among those which have achieved remarkable economic growth rates in the world.But they are facing significant infrastructure bottlenecks which can threaten the sustainability of their development, if not solved effectively and efficiently well in time. Apparently,...
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| Format: | Article |
| Language: | English |
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General Association of the Economists in Romania (AGER)
2014
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| Online Access: | https://repo.uum.edu.my/id/eprint/12898/1/953.pdf |
| _version_ | 1803626499622830080 |
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| author | Emirullah, Chandra Hussain, Mohammad Azam |
| author_facet | Emirullah, Chandra Hussain, Mohammad Azam |
| author_sort | Emirullah, Chandra |
| collection | UUM |
| description | Evidently, the ASEAN countries are among those which have achieved remarkable economic growth rates in the world.But they are facing significant infrastructure bottlenecks which can threaten the sustainability of their development, if not solved effectively and efficiently well in time. Apparently, Public Private Partnership (PPP) arrangement promises to be an ideal solution for developing countries that have limited fiscal capacity such as ASEAN. However, PPP performance in this region is not very encouraging compared with other countries.This study attempts to look at the role of investment climate especially the economic and political factors that may affect the economic growth performance of PPP projects.For empirical investigation panel data approach is utilized, where mostly the estimated coefficients exhibit expected signs but are not statistically significant.Besides, each country has unobserved special characteristics that can affect the conduciveness of PPPs which should also be considered by policymakers. |
| first_indexed | 2024-07-04T05:51:09Z |
| format | Article |
| id | uum-12898 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:51:09Z |
| publishDate | 2014 |
| publisher | General Association of the Economists in Romania (AGER) |
| record_format | dspace |
| spelling | uum-128982016-04-18T00:36:23Z https://repo.uum.edu.my/id/eprint/12898/ Examining public private partnerships in ASEAN countries : The role of investment climate Emirullah, Chandra Hussain, Mohammad Azam HC Economic History and Conditions Evidently, the ASEAN countries are among those which have achieved remarkable economic growth rates in the world.But they are facing significant infrastructure bottlenecks which can threaten the sustainability of their development, if not solved effectively and efficiently well in time. Apparently, Public Private Partnership (PPP) arrangement promises to be an ideal solution for developing countries that have limited fiscal capacity such as ASEAN. However, PPP performance in this region is not very encouraging compared with other countries.This study attempts to look at the role of investment climate especially the economic and political factors that may affect the economic growth performance of PPP projects.For empirical investigation panel data approach is utilized, where mostly the estimated coefficients exhibit expected signs but are not statistically significant.Besides, each country has unobserved special characteristics that can affect the conduciveness of PPPs which should also be considered by policymakers. General Association of the Economists in Romania (AGER) 2014 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/12898/1/953.pdf Emirullah, Chandra and Hussain, Mohammad Azam (2014) Examining public private partnerships in ASEAN countries : The role of investment climate. Theoretical and Applied Economics, 21 (2(591)). pp. 67-76. ISSN 1841-8678 http://www.ectap.ro/examining-public-private-partnerships-in-aseancountries-the-role-of-investment-climate-chandra-emirullah_muhammad-azam/a953/ |
| spellingShingle | HC Economic History and Conditions Emirullah, Chandra Hussain, Mohammad Azam Examining public private partnerships in ASEAN countries : The role of investment climate |
| title | Examining public private partnerships in ASEAN countries : The role of investment climate |
| title_full | Examining public private partnerships in ASEAN countries : The role of investment climate |
| title_fullStr | Examining public private partnerships in ASEAN countries : The role of investment climate |
| title_full_unstemmed | Examining public private partnerships in ASEAN countries : The role of investment climate |
| title_short | Examining public private partnerships in ASEAN countries : The role of investment climate |
| title_sort | examining public private partnerships in asean countries the role of investment climate |
| topic | HC Economic History and Conditions |
| url | https://repo.uum.edu.my/id/eprint/12898/1/953.pdf |
| work_keys_str_mv | AT emirullahchandra examiningpublicprivatepartnershipsinaseancountriestheroleofinvestmentclimate AT hussainmohammadazam examiningpublicprivatepartnershipsinaseancountriestheroleofinvestmentclimate |