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A System Dynamics Approach to Concession Period Optimization in Public-Private Partnerships (PPPs)

Gabriel Castelblanco et al.

Public Works Management and Policy2025https://doi.org/10.1177/1087724x251314427article
AJG 1
Weight
0.52

What the paper says

The success of public-private partnerships (PPPs) often depends on the duration of a project’s concession period. Although experts have invested considerable efforts into optimizing these periods, few have examined the complex, interactive effects of project-specific risks and bankability criteria on concession durations. To overcome this gap, this study develops a System Dynamics (SD) model that allows decision-makers to estimate the optimal concession period terms based on causal interactions between a project’s main risks and bankability. The model is applied using data from recent PPPs in Italy. The results show variable interest rates, inflation, operational expenditures (OPEX), and debt repayment mechanisms all uniquely impact the concession period.

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https://doi.org/https://doi.org/10.1177/1087724x251314427

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@article{gabriel2025,
  title        = {{A System Dynamics Approach to Concession Period Optimization in Public-Private Partnerships (PPPs)}},
  author       = {Gabriel Castelblanco et al.},
  journal      = {Public Works Management and Policy},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/1087724x251314427},
}

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A System Dynamics Approach to Concession Period Optimization in Public-Private Partnerships (PPPs)

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Evidence weight

0.52

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.47 × 0.4 = 0.19
M · momentum0.68 × 0.15 = 0.10
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.