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  • 1
    Online Resource
    Online Resource
    The Renegotiation of PPP Contracts: An Overview of its Recent Evolution in Latin America (2014)
    Paris : OECD Publishing
    Details
    Language: English
    Pages: 1 Online-Ressource (27 p.) , 21 x 29.7cm.
    Series Statement: International Transport Forum Discussion Papers no.2014/18
    Keywords: Transport
    Abstract: This paper analyses the experience, high incidence, lesson learned and reflections on the issue renegotiations in Latin America, based in the evolution of PPP contracts through the last 25 years. The paper also shows how countries via new PPP laws, regulations, norms and specific platforms can reduce the incidence and the incentives to renegotiate contracts. Based in experience in the last two decades, many countries in the region have improved renegotiation practices and regulations/framework through their PPP legislation and associated regulations, such as Peru (2008), Chile (2010), Colombia (2011) or Mexico (2012.) The preliminary findings show advances in the implementation of platforms to address renegotiations and new trends in the renegotiations of contracts particularly in complex projects and where governments are providing financial or credit enhancement, such as sharing risk or co-financing.
    DOI: 10.1787/5jrw2xxlks8v-en
    URL: lizenzpflichtig
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  • 2
    Online Resource
    Online Resource
    Innovative and Absorptive Capacity of International Knowledge : An Empirical Analysis of Productivity Sources in Latin American Countries (2012)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (25 p)
    Edition: 2012 World Bank eLibrary
    Parallel Title: Castillo, Leopoldo Laborda Innovative and Absorptive Capacity of International Knowledge
    Abstract: This paper examines two sources of global knowledge spillovers: foreign direct investments and trade. Empirical evidence demonstrates that foreign direct investment and trade can contribute to overall domestic productivity growth only when the technology gap between domestic and foreign firms is not too large and when a sufficient absorptive capacity is available in domestic firms. The paper proposes the terms research and development and labor quality to capture the innovative and absorptive capacity of the country. The spillover effects in productivity are analyzed using a stochastic frontier approach. This productivity (in terms of total factor productivity) is decomposed using a generalized Malmquist output oriented index, in order to evaluate the specific effect in technical change, technical efficiency change, and scale efficiency change. Using country-level data for 16 Latin American countries for 1996-2006, the empirical analysis shows positive productivity spillovers from foreign direct investment and trade only when the country has absorptive capacity in terms of research and development. Foreign direct investment and trade spillovers are found to be positive and significant for scale efficiency change and total productivity factor change
    DOI: 10.1596/1813-9450-5931
    URL: Volltext  (Deutschlandweit zugänglich)
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