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Bowen, P, Govender, R and Edwards, P (2014) Structural Equation Modeling of Occupational Stress in the Construction Industry. Journal of Construction Engineering and Management, 140(09).

Chang, C and Chou, H (2014) Transaction-Cost Approach to the Comparative Analysis of User-Pay and Government-Pay Public-Private Partnership Systems. Journal of Construction Engineering and Management, 140(09).

  • Type: Journal Article
  • Keywords: Partnerships; Private sector; Build/operate/transfer; Construction costs; Government; Public-private partnerships; Governance structure; Build-operate-transfer; Transaction cost economics; Contracting;
  • ISBN/ISSN: 0733-9364
  • URL: https://doi.org/10.1061/(ASCE)CO.1943-7862.0000883
  • Abstract:
    Government-pay and user-pay public-private partnership (P3) systems have been employed as the main conduits for channelling private capital to finance the provision of public services throughout the world. In efficiency terms, they are suited to different types of projects. This paper develops a model to illuminate the condition under which one route would perform better than the other. If both of them are instituted into law, governance alignment should emerge in the long run. However, in Taiwan government-pay P3 systems are not a lawful route, forcing the government to employ user-pay P3 systems regardless of project types. This gives researchers an unusual opportunity to examine what would happen as a result of an inappropriate choice of P3 models. This paper makes a theoretical innovation in the identification of a conflict of interest indicator as an attribute for differentiating the relative efficacy of two types of P3 systems. This result sheds light on the way value for money assessment should be conducted for user-pay P3 projects.

Choi, B, Lee, H, Park, M, Cho, Y K and Kim, H (2014) Framework for Work-Space Planning Using Four-Dimensional BIM in Construction Projects. Journal of Construction Engineering and Management, 140(09).

Deng, X, Low, S P, Li, Q and Zhao, X (2014) Developing Competitive Advantages in Political Risk Management for International Construction Enterprises. Journal of Construction Engineering and Management, 140(09).

Elazouni, A and Abido, M A (2014) Enhanced Trade-Off of Construction Projects: Finance-Resource-Profit. Journal of Construction Engineering and Management, 140(09).

Hindman, D P, Bamberg, C R and Nussbaum, M A (2014) Bracing of Wood Composite I-Joists to Resist Lateral Buckling from Walking Loads. Journal of Construction Engineering and Management, 140(09).

Le, Y, Shan, M, Chan, A P C and Hu, Y (2014) Investigating the Causal Relationships between Causes of and Vulnerabilities to Corruption in the Chinese Public Construction Sector. Journal of Construction Engineering and Management, 140(09).

Li, Y and Taylor, T R B (2014) Modeling the Impact of Design Rework on Transportation Infrastructure Construction Project Performance. Journal of Construction Engineering and Management, 140(09).

Mostafa, M A and El-Gohary, N M (2014) Stakeholder-Sensitive Social Welfare–Oriented Benefit Analysis for Sustainable Infrastructure Project Development. Journal of Construction Engineering and Management, 140(09).

Votano, S and Sunindijo, R Y (2014) Client Safety Roles in Small and Medium Construction Projects in Australia. Journal of Construction Engineering and Management, 140(09).

Young-Corbett, D E (2014) Prevention through Design: Health Hazards in Asphalt Roofing. Journal of Construction Engineering and Management, 140(09).