Public-Private Partnership (PPP) Projects in Low-Income and Developing Countries in Asia, Europe, Africa, And South America: Panel Data Analysis

Abstract

This study investigated PPP in 129 low-income and developing countries in Asia, Europe, Africa, And South America during the period between 1990 to 2020 with panel analysis. In this study, we used statistics and regression coefficients using the Panel Ordinary Least Squares (POLS) method, We used Feasible Generalized Least Squares (FGLS) regression to triangulate the POLS. We found that governments of low-income and developing countries need increased savings in GDP. The finding of a positive relationship between the share of total investment and the number of PPP projects indicates a lack of infrastructure in low-income and developing countries. The need for additional capital in developing countries encourages low-income and developing countries to encourage PPPs.