Proposal of a model to analyze the socio-economic factors influencing the use of public private partnership: an empirical study on Morocco

  • Abderrahim Khaddar Faculty of Economics and Management of kenitra, Ibn tofail University kenitra, Morocco
  • Aziz Bensbahou Faculty of Economics and Management , Ibn Tofail University, Kenitra
Keywords: Public private partnership, Socio-economic factors, The use of PPP

Abstract

This paper aims to discover the socio-economic factors that may explain the use of PPP by Moroccan authorities as an alternative modality for financing and delivering structuring public projects. These factors were identified through an extensive literature review and an exploratory study with experts involved in the PPP process. Thus, primary data were collected through a research questionnaire administered to 174 individuals with a close relationship with the PPP.

The statistical processing and analysis of the collected data was carried out using SPSS Statistics version 26.0 (Statistical Package for the Social Sciences), through which we tried to verify six research hypotheses, of which the following two are considered the main ones: "The deficit recorded in terms of sources of public funding is considered one of the main motivations for the adoption of PPP in Morocco" and "The deficit recorded in terms of sources of public funding is considered one of the main motivations for the adoption of PPP in Morocco".

The study adopted several empirical techniques to be able to confirm or refute the research hypotheses previously formulated, such as PCA analysis, reliability and validity tests, multiple linear regression. The regression results confirm that the variables "budget constraints and shortage of public funding", "taking advantage of the financial capacity of the private sector" and "economic and social development requirement" have a significant influence on the use of PPP, while the other variables "public policy reform" and "meeting the need for public infrastructure and public services" do not register any significant influence on the adoption of the PPP in Morocco.

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Published
2021-07-06
How to Cite
Khaddar, A., & Bensbahou, A. (2021). Proposal of a model to analyze the socio-economic factors influencing the use of public private partnership: an empirical study on Morocco. International Journal of Accounting, Finance, Auditing, Management and Economics, 2(4), 1-18. https://doi.org/10.5281/zenodo.5070453
Section
Articles