nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2024‒03‒18
seven papers chosen by
Arvi Kuura, Tartu Ülikool


  1. Algorithmic Accountability: What Does it Mean for AI Developers and How Does it Affect AI Development Projects By Bartsch, Sebastian Clemens; Milani, Verena; Adam, Martin; Benlian, Alexander
  2. Are Mini-Grid Projects in Tanzania Financially Sustainable? By E. Zigah; M. Barry; Anna Creti
  3. The Productivity Effect of Public-Private Partnership By Mollisi Vincenzo
  4. Back to the Futur(oscope): a territorial development "bricolaged" by a political entrepreneur? By Olivier Coussi; Bastien Bernela
  5. Public Policies versus Public Entrepreneurship By Doina Muresan
  6. When pro-poor microcredit institutions favour richer borrowers: A moral hazard story By Sara Biancini; David Ettinger; Baptiste Venet
  7. Steering Labor Mobility through Innovation By Ma, Song; Wang, Wenyu; Wu, Yufeng

  1. By: Bartsch, Sebastian Clemens; Milani, Verena; Adam, Martin; Benlian, Alexander
    Date: 2024
    URL: http://d.repec.org/n?u=RePEc:dar:wpaper:142984&r=ppm
  2. By: E. Zigah; M. Barry (Service de dermatologie [Bordeaux] - Université Bordeaux Segalen - Bordeaux 2 - CHU Bordeaux - Hôpital Haut-Lévêque [CHU Bordeaux] - CHU Bordeaux, Histologie et Pathologie Moléculaire - Université Bordeaux Segalen - Bordeaux 2, Department of Mathematics and Statistics [Boston] - BU - Boston University [Boston], Service de dermatologie Hôpital Saint-André Bordeaux - CHU Bordeaux, Inserm U1312 - BRIC - BoRdeaux Institute in onCology - UB - Université de Bordeaux - INSERM - Institut National de la Santé et de la Recherche Médicale); Anna Creti (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique, LEDa - Laboratoire d'Economie de Dauphine - IRD - Institut de Recherche pour le Développement - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique)
    Abstract: While it is commonly acknowledged that mini-grids are the new pathway to bridging the high electricity access deficit in Sub-Saharan Africa (SSA), comparably few studies have assessed how existing regulations and tariff policies in SSA affect their potentials to attract the number of private investments required to scale-up deployments. Private investors' participation is particularly crucial to meet the annual electrification investment needs of $120 billons in SSA. We study the regulatory framework, the tariff structure, and the subsidy schemes for mini-grids in Tanzania. Additionally, using an optimization technique, we assess the profitability of a mini-grid electrification project in Tanzania from a private investment perspective. We find that the approved standardized small power producers' tariffs and subsidy scheme in Tanzania still do not allow mini-grid for rural electrification projects to be profitable. A further study is required to identify successful business models and strategies to improve mini-grids profitability.
    Keywords: Electricity access, Mini-grids, Africa, Clean energy policy, Energy regulation, Pricing
    Date: 2023
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04439989&r=ppm
  3. By: Mollisi Vincenzo (Department of Economics, Social Studies, Applied Mathematics and Statistics, University of Torino, Torino, Italy;)
    Abstract: Public authorities have increasingly resorted to public-private partnership (PPP) arrangements for the delivery of public services. A PPP bundles the construction, management, and maintenance of a facility in a unique contract. Using data from the Italian district heating industry, I find that PPP internalizes the technological externality between construction and operation tasks of a project by inducing a higher level of capital quality. A unit increase in the capital quality raises the output of PPP firms by 17%.
    Keywords: Populism, Industry Productivity, Public-private Partnerships, Public-service Provision
    JEL: H54 H57 L11 D86
    Date: 2024–02
    URL: http://d.repec.org/n?u=RePEc:tur:wpapnw:088&r=ppm
  4. By: Olivier Coussi (CEREGE - Centre de Recherche en Gestion - UP - Université de Poitiers = University of Poitiers, FED 4229 - Fédération Territoires - UP - Université de Poitiers = University of Poitiers - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement); Bastien Bernela
    Abstract: For many years, public policies for territorial economic development have been inspired by symbols such as Silicon Valley, fueling the dreams of local elected officials. While evaluation processes allow us to assess the efficiency and ex-post performance of the territorial development paths taken, they do not provide a complete understanding of the mechanisms at work in their manufacture. This qualitative research focuses inductively on the genesis and evolution of Futuroscope, an emblematic and atypical figure in the development of a rural area, through a long-term case study. We therefore propose a secondary analysis in the form of a supra-analysis to clarify the mechanisms at work and to shed light on the case with the help of a specific theoretical approach. We show that territorial development does not necessarily produce a territorial ecosystem, or more precisely, that the implementation of a project can generate activity on a territory without sustainably creating productive interactions between stakeholders - interactions that are essential for the qualification of the ecosystem. While territorial development theory neglects the dimension of "public action" and the role of elected representatives as political entrepreneurs, we contribute to this literature by proposing the concept of "territorial bricolage" as a mechanism for producing a territorial development path. The identification of this mechanism of territorial innovation should be a source of inspiration for territorial managers in the implementation of public policies. In particular, in crisis situations, this innovation modality could produce a capacity for territorial resilience, in a combination of bricolage, effectuation and causation.
    Abstract: Les politiques publiques de développement économique territorial s'inspirent depuis de nombreuses années de symboles comme celui de la Silicon Valley, alimentant les rêves des élus locaux. Si les processus d'évaluation permettent de dresser un état de l'efficience et de la performance ex post des chemins de développement territorial empruntés, ils ne permettent pas totalement de comprendre les mécanismes à l'œuvre dans leur fabrique. Cette recherche s'intéresse, de façon inductive, à la genèse et au développement du Futuroscope, figure emblématique et atypique du développement d'un territoire rural, au travers d'une étude de cas qualitative sur un temps long. Alors que la théorie du développement territorial néglige la dimension « action publique » et le rôle de l'élu comme entrepreneur politique, nous contribuons à cette littérature en proposant le concept de « bricolage territorial » comme mécanisme de production d'un chemin de développement territorial.
    Keywords: Bricolage, Développement territorial, Écosystème, Entrepreneur politique, Futuroscope
    Date: 2024–02–01
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04452686&r=ppm
  5. By: Doina Muresan (Dimitrie Cantemir Christian University, Bucharest, Romania)
    Abstract: The paper enhances the current understanding of public administration's support for entrepreneurship, providing knowledge that could generate interest in this topic. It analyzes the collaboration among public policies, the public sector, the private sector, and non-governmental organizations, and the following dependent variables: innovation, e-government and digitization, entrepreneurship support ecosystems, and risks in this approach. The academic significance of this research lies in its provision of evidence for the moderating role of NGOs in expanding PPPs to support entrepreneurs. The paper reviews European and national specialized literature in the field of social entrepreneurship. This review focuses on the role of public administrations in supporting social projects and proposes a conceptual model that outlines its empirical boundaries. Additionally, the paper outlines the statistical methods used for this part of the analysis. The findings then lead to suggestions for future research on the role of public administration as a facilitator of social entrepreneurship.
    Keywords: public entrepreneurship, public policies, public private partnership, social entrepreneurship
    Date: 2023–08
    URL: http://d.repec.org/n?u=RePEc:smo:raiswp:0303&r=ppm
  6. By: Sara Biancini (CREM - Centre de recherche en économie et management - UNICAEN - Université de Caen Normandie - NU - Normandie Université - UR - Université de Rennes - CNRS - Centre National de la Recherche Scientifique, THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université); David Ettinger (CEREMADE - CEntre de REcherches en MAthématiques de la DEcision - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique, LEDa - Laboratoire d'Economie de Dauphine - IRD - Institut de Recherche pour le Développement - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique); Baptiste Venet (DIAL - Développement, institutions et analyses de long terme, LEDa - Laboratoire d'Economie de Dauphine - IRD - Institut de Recherche pour le Développement - Université Paris Dauphine-PSL - PSL - Université Paris sciences et lettres - CNRS - Centre National de la Recherche Scientifique)
    Abstract: We suggest an explanation for the existence of "mission drift, " the tendency for Microfinance Institutions (MFIs) to lend money to wealthier borrowers rather than to the very poor. We focus on the relationship between MFIs and external funding institutions. We assume that both the MFIs and the funding institutions are pro-poor. However, asymmetric information on the effort chosen by the MFI to identify higher-quality projects may increase the share of loans attributed to wealthier borrowers. This occurs because funding institutions have to build incentives for MFIs, creating a trade-off between the quality of the funded projects and the attribution of loans to poorer borrowers.
    Abstract: Quand les institutions de microcrédit en faveur de la lutte contre la pauvreté favorisent les emprunteurs plus riches - une histoire d'aléa de moralité. Nous proposons une explication à l'existence de la « dérive de la mission », la tendance des institutions de microfinance (IMF) à prêter de l'argent à des emprunteurs plus aisés plutôt qu'à des emprunteurs très pauvres. Nous nous concentrons sur la relation entre les IMF et les institutions de financement externe. Nous supposons que les IMF et les institutions de financement sont en faveur de la lutte contre la pauvreté. Toutefois, une information asymétrique sur l'effort choisi par l'IMF pour cerner les projets de meilleure qualité peut augmenter la part des prêts attribués aux emprunteurs plus aisés. Cela s'explique par le fait que les institutions de financement doivent mettre en place des mesures incitatives pour les IMF, créant ainsi un compromis entre la qualité des projets financés et l'attribution de prêts aux emprunteurs plus pauvres.
    Keywords: loans, Microcredit, Institutions
    Date: 2023
    URL: http://d.repec.org/n?u=RePEc:hal:journl:hal-04442586&r=ppm
  7. By: Ma, Song (Yale U); Wang, Wenyu (Indiana U); Wu, Yufeng (Ohio State U)
    Abstract: This paper argues that firms proactively use innovation decisions to influence the mobility and human capital accumulation of their workers. We develop a dynamic model in which workers conduct R&D projects, accumulating both general and firm-specific human capital. Firms choose the scope of innovation, influencing the type of human capital workers accumulate during the process. Pursuing more general innovation leads to increased knowledge redeployability for the firm at the cost of more difficult employee retention. We estimate the model using granular innovation production and mobility data of three million inventors. Our model closely matches the observed mobility and innovation specificity over inventors' life cycles. Empirical estimates of the model parameters imply that 24% of observed innovation specificity among U.S. firms is driven by their labor market considerations, which enhances the firm value but lowers the inventors' surplus.
    JEL: J24 J63 O31
    Date: 2023–12
    URL: http://d.repec.org/n?u=RePEc:ecl:ohidic:2023-29&r=ppm

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