Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic
The purpose of the study is to assess the effectiveness of public-private partnership (PPP) projects during the COVID-19 pandemic, taking into account the specificities of the industry. The empirical research base included the main characteristics (contract price, federal district of the project, cu...
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| Format: | Article |
| Language: | Russian |
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Government of the Russian Federation, Financial University
2024-07-01
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| Series: | Финансы: теория и практика |
| Subjects: | |
| Online Access: | https://financetp.fa.ru/jour/article/view/2803 |
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| author | E. A. Fedorova A. A. Gubanov |
| author_facet | E. A. Fedorova A. A. Gubanov |
| author_sort | E. A. Fedorova |
| collection | DOAJ |
| description | The purpose of the study is to assess the effectiveness of public-private partnership (PPP) projects during the COVID-19 pandemic, taking into account the specificities of the industry. The empirical research base included the main characteristics (contract price, federal district of the project, customer, general contractor, project start period, project start year, project deadlines, price reduction during project implementation, application security, contract security and type of activity) of 144 regional investment projects. The research methodology included mathematical modeling using the DEA (Data Envelopment Analysis) data convolution method, on the basis of which an efficiency index was assigned to each PPP project from 0 to 1. The study concluded that prior to the COVID-19 pandemic, regional investment projects received more funding; after the start of the COVID-19 pandemic, the implementation time of regional investment projects has increased, the contract value more often changes downwards during the project implementation; and the average support for a project application has increased. The efficiency of implementation of regional investment projects, calculated using the DEA method, was reduced. The results obtained will be useful to private investors and government authorities when implementing joint projects to improve their efficiency. |
| format | Article |
| id | doaj-art-d263b2f1d9334be4986e2f3b56cf03e7 |
| institution | Kabale University |
| issn | 2587-5671 2587-7089 |
| language | Russian |
| publishDate | 2024-07-01 |
| publisher | Government of the Russian Federation, Financial University |
| record_format | Article |
| series | Финансы: теория и практика |
| spelling | doaj-art-d263b2f1d9334be4986e2f3b56cf03e72025-08-20T03:59:53ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892024-07-0128361810.26794/2587-5671-2024-28-3-6-181126Effectiveness of Public-Private Partnership Projects During the COVID-19 PandemicE. A. Fedorova0A. A. Gubanov1Financial UniversityFinancial UniversityThe purpose of the study is to assess the effectiveness of public-private partnership (PPP) projects during the COVID-19 pandemic, taking into account the specificities of the industry. The empirical research base included the main characteristics (contract price, federal district of the project, customer, general contractor, project start period, project start year, project deadlines, price reduction during project implementation, application security, contract security and type of activity) of 144 regional investment projects. The research methodology included mathematical modeling using the DEA (Data Envelopment Analysis) data convolution method, on the basis of which an efficiency index was assigned to each PPP project from 0 to 1. The study concluded that prior to the COVID-19 pandemic, regional investment projects received more funding; after the start of the COVID-19 pandemic, the implementation time of regional investment projects has increased, the contract value more often changes downwards during the project implementation; and the average support for a project application has increased. The efficiency of implementation of regional investment projects, calculated using the DEA method, was reduced. The results obtained will be useful to private investors and government authorities when implementing joint projects to improve their efficiency.https://financetp.fa.ru/jour/article/view/2803public-private partnership (ppp)investment projectpandemicdeamathematical modelingefficiencyregional investment projectseconomic support measures |
| spellingShingle | E. A. Fedorova A. A. Gubanov Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic Финансы: теория и практика public-private partnership (ppp) investment project pandemic dea mathematical modeling efficiency regional investment projects economic support measures |
| title | Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic |
| title_full | Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic |
| title_fullStr | Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic |
| title_full_unstemmed | Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic |
| title_short | Effectiveness of Public-Private Partnership Projects During the COVID-19 Pandemic |
| title_sort | effectiveness of public private partnership projects during the covid 19 pandemic |
| topic | public-private partnership (ppp) investment project pandemic dea mathematical modeling efficiency regional investment projects economic support measures |
| url | https://financetp.fa.ru/jour/article/view/2803 |
| work_keys_str_mv | AT eafedorova effectivenessofpublicprivatepartnershipprojectsduringthecovid19pandemic AT aagubanov effectivenessofpublicprivatepartnershipprojectsduringthecovid19pandemic |