PARTENARIATI PUBBLICO-PRIVATI PER INVESTIMENTI E SERVIZI

Students will acquire knowledge, skills and competences useful for the analysis and economic-financial evaluation of the forms of interaction between the public sector and businesses, with a particular focus on public-private contracts for the realization of public investments and the provision of services of general interest.

Knowledge and understanding of the economics of public-private partnerships for investments and public services; Ability to apply knowledge and understanding, particularly, in the context of case studies analyzed in classes and in working groups; Ability to identify and collect useful data to carry out group work; Ability to communicate the results of original analysis to working-group colleagues and to organize proper communication outside the group; Learning new skills that are useful to carry out individual study and group work.

Knowledge and understanding of the economics of public-private partnerships for investments and public services; Ability to apply knowledge and understanding, particularly, in the context of case studies analyzed in classes and in working groups; Ability to identify and collect useful data to carry out group work; Ability to communicate the results of original analysis to working-group colleagues and to organize proper communication outside the group; Learning new skills that are useful to carry out individual study and group work.

Analysis of the economic underpinnings of different forms of interaction between the public sector and businesses, with focus on public-private contracts for the realization of public investments and the provision of services of general interest. These are fundamental tools for the realization of various economic, industrial, environmental and social policy objectives. The pursuit of the efficiency and social sustainability as objectives of public intervention is limited by institutional and information constraints that determine procedural rigidities, poor measurability of ex-post performance and agency problems (e.g. opportunism, favoritism, corruption, clientelism). Introduction of the main tools for the analysis of the considered issue, with particular focus on case studies and on the main assessment techniques. Focus on the methods of selection of the private partner. Analysis of the Italian regulation and its implications in terms of practical applications.

The compulsory materials for the preparation of the exam as a non-attending student are the volumes and documents indicated hereafter with numbers 1 to 6: 1. Danau, D., and A. Vinella (2016). On the financial structure and the contractual length of public-private partnerships. In: Picot, A., M. Florio, N. Grove, and J. Kranz (Eds.), The Economics of Infrastructure Provisioning - The (Changing) Role of the State, The MIT Press, Cambridge & London, 2015, 145-173 (available among the course materials; henceforth: DV 2016) 2. Dosi et al. (2003). La Valutazione dei progetti d'investimento pubblici. Linee Guida. Quaderni del NUVV ‐ 1. Regione del Veneto. (available among the course materials; henceforth: Dosi et al. 2003) 3. DG Politica Regionale e Urbana, Commissione Europea (2015). Guida all’analisi costi-benefici dei progetti di investimento (available among the course materials; henceforth: EC 2015) 4. Engel, E., Fischer, R.D. and A. Galetovic (2014). The Economics of Public-Private Partnerships. A Basic Guide. Cambridge University Press. (to be found in the bookshops and library; henceforth: EFG 2014); 5. Greco L. (2018). “Public-Private Partnerships". In: Marciano A., Ramello G. (eds) Encyclopedia of Law and Economics. Springer. (available among the course materials; henceforth: Greco 2018) 6. DG Politica Regionale e Urbana, Commissione Europea (2021). Economic Appraisal Vademecum 2021-2027 - General Principles and Sector Applications (available among the course materials) 7. AAVV (2022). Climate Toolkits for Infrastructure PPPs. The World Bank Group (available among the course materials) Compulsory materials for the preparation of the exam as an attending student are the slides of the lessons and the parts of the volumes numbered 1 to 5 indicated below for each week of teaching sessions.

Lectures, exercises, group works.

Attending students: 1) Continuous assessment a) First test: in the eighth week of the course, test to support attendance on the platform Luiss Learn on the materials of the first seven course weeks (45% of the evaluation); b) Second test: presentation of group work to be scheduled in the twelfth course week (25% of the final evaluation). 2) Final exam (30% of the final evaluation) Written exam at the end of the course on all course materials Non-attending students: 1) First part of the exam on the materials indicated as reference texts for non-attending students (70% of the final evaluation). 2) Second part of the exam equal to the final exam for attending students (30% of the assessment).

A topic will be assigned for preparation of the thesis to interested students who received a mark of at least 27/30 to the exam.