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Doctoral thesis of Philosophy: The effects of Public-Private partnerships on partnering private sector firms

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Despite an increase in governments' demand for private participation in infrastructure, Public-Private Partnerships (PPPs) have received low engagement from the private sector in the task of bridging infrastructure gaps in emerging markets. Previous literature in the field mainly focuses on the effects of PPPs from the governments' perspective and it is inconclusive in its examination of the advantages and disadvantages of the private sector's participation. This thesis addresses these issues by answering three main research questions: (i) Do PPPs benefit partnering private sector firms? (ii) Does higher reliance on the government in PPPs benefit partnering private sector firms? and (iii) Does the relationship between institutional quality and PPP projects benefit partnering private sector firms?

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