INDIAPROPERTYRIGHTS · Property rights theory and reform of public infrastructure (electricity, water)in developing countries private-public partnerships and creation of property rights
6РП — Действия „Мария Кюри“
- Период
- 2004-12-01 → 2006-11-30
- Финансиране от ЕС
- 151 675 €
- Участници
- 1
- Схема
- EIF
Линиите свързват координатора с партньорите.
Накратко на български
Правата на собственост върху обществената инфраструктура, като електричеството и водата в развиващите се страни, са в центъра на анализа. Разбирането на тези режими помага за реформирането на публично-частните партньорства и управлението на информацията в тези организации.
Кратко обяснение, генерирано от езиков модел по текста на CORDIS. Оригиналът е по-долу.
Резултати накратко
Final Activity Report Summary - INDIAPROPERTYRIGHTS (Property rights theory and reform of public infrastructure (electricity, water)in developing countries private-public partnerships ...)
Five research articles have been published in refereed journals in United States, United Kingdom and France. We have attempted to cover economic journals, but also journals from geography or political science, as our approcah is pluri-disciplianry in nature. Our main theoretical paper on link between property rights and the informational structure in public infrastructure organisations in developing countries, that was finalised in 2005, has benefited from its dissemination as a DESTIN working paper and received comments. A journal version is currently with Energy Economics, the leading journal in the field, in which one referee has already given a positive feed-back. From the field work realised on industrial issues related to realignement of property rights regimes in India, a report has been compiled and made widely available on the net. Further to this preliminary work, the grant for the international program for advanced studies by the MSH (Paris) and Columbia University was received. That will allow finalising a book on this in the first semester of 2007.
Текст от CORDIS, на английски · Данни: CORDIS, © Европейски съюз
Цел на проекта
In the continuity of our earlier works, we propose to deepen the analysis of the theoretical link between property rights (especially control rights) and the informational structure in public infrastructure organizations in developing countries. The analysis will revolve around the concepts of « good of unknown value (Victor Goldberg) and of "creation (rather than allocation) of property rights". This allows specifying the current analysis (mostly based on incentives) of public-private partnerships (PPP). For this, we study infrastructure organisations (utilities of electricity, as well as water and sanitation) of developing countries. Those organisations are generally deficient in terms of definition of property rights, linked with an informational deficiency.We focus on two practical issues, mutually linked: -Which type of private information (and securing of the latter) does the various modes of PPP generate? For which effect on the value creation/valuation of infrastructure organisations/utilities? In an analytical framework built around the dialectics creation of information/creation of rights, how do PPPs improve the central issue pertaining to productive efficiency: the coordination between infrastructure development and management? A direct practical application will focus on water distribution in metropolitan areas of India. Improved coordination necessitates re-defining the control rights of the various organisations in charge, but also clarifying some common property rights, which is a rarely underlined dimension of this problem for developing countries: in India, even in Delhi or Calcutta, share of locally extracted underground water is superior to 20%; this figure peaks at 60% for Madras. Theoretical analysis will link up modelling with real options and valuation after implementation of property right sand information systems to secure these rights."
Оригинален текст от CORDIS (на английски).
Участници
- LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE · LONDONКоординаторОбединеното кралство
Връзки
Данни: CORDIS, © Европейски съюз