Bibliometric Analysis of PPP and PFI Literature: Overview of 25 Years of Research.

Academics have been devoting a growing attention to different matters involving public-private partnerships (PPPs), and, as the use of PPPs for delivering infrastructure evolves worldwide, so does the number and type of papers addressing this procurement model. The objective of this paper is to undertake a comprehensive literature review of papers relating to PPPs and private finance initiatives (PFIs), using a bibliometric analysis. More than 600 papers published between 1990 and 2014 were examined. None of the previously existing studies analyzed such a large sample of papers. The research found that PPP studies appear to have a steady momentum toward growth. Engineering journals (and engineering as a research area) have been particularly active in this field. Authors based in Europe and Asia had written almost two-thirds of the papers, with transportation and health sectors at the top of sector-based papers. Most of the existing work is focused on aspects of contract design, risk sharing, and analyzing the contract performance and benefits, and neglects areas such as contract termination and renegotiation. The management of PPPs will be the next big challenge for PPP scholars and professionals. [ABSTRACT FROM AUTHOR]