nep-ppm New Economics Papers
on Project, Program and Portfolio Management
Issue of 2009‒02‒07
six papers chosen by
Arvi Kuura
Parnu College - Tartu University

  1. A New Order of Things: Managing Novelty and Cooperation on E-Government Projects By Binz-Scharf, Maria; Lazer, David
  2. Optimal Resource Extraction Contracts under Threat of Expropriation By Engel, Eduardo; Fischer, Ronald
  3. The Basic Public Finance of Public-Private Partnerships By Engel, Eduardo; Fischer, Ronald; Galetovic, Alexander
  4. A Cost Analysis of Rapid Land-Building Technologies for Coastal Restoration in Louisiana By Petrolia, Daniel R.; Kim, Tae-goun; Moore, Ross G.; Caffey, Rex H.
  5. Impact of Hydropower Projects on Economic Growth of AJK. By Atiq-ur-Rehman, Atiq-ur-Rehman; Anis, Hafsa
  6. Exploring the fit between CSR and innovation By MacGregor, Steven P.; Fontrodona, Joan

  1. By: Binz-Scharf, Maria (City College of New York, CUNY); Lazer, David (Harvard U)
    Abstract: In this paper, we explore the challenges of managing e-government projects. In particular, we highlight two extraordinary managerial challenges that e-government poses: novelty and cross-agency cooperation. E-government is novel because it offers some fundamentally new possibilities for how government does business. The management of e-government is, in significant part, the management of ideas, creativity, and knowledge. E-government requires cross-agency cooperation because of functional needs for scale, consistency, and integration. We examine how four governments that have adopted a project-based approach to the introduction of e-government have coped with the challenges of novelty and cross-agency collaboration. Our findings indicate that e-government projects experience different activities and coordination mechanisms according to the stage of completion of the project and the complexity of the task at hand. We discuss the implications of our findings for the management of e-government projects.
    Date: 2008–10
  2. By: Engel, Eduardo (Yale U); Fischer, Ronald (U of Chile)
    Abstract: The government contracts with a foreign firm to extract a natural resource that requires an upfront investment and which faces price uncertainty. In states where profits are high, there is a likelihood of expropriation, which generates a social cost that increases with the expropriated value. In this environment, the planner's optimal contract avoids states with high probability of expropriation. The contract can be implemented via a competitive auction with reasonable informational requirements. The bidding variable is a cap on the present value of discounted revenues, and the firm with the lowest bid wins the contract. The basic framework is extended to incorporate government subsidies, unenforceable investment effort and political moral hazard, and the general thrust of the results described above is preserved.
    JEL: H21
    Date: 2008–01
  3. By: Engel, Eduardo (Yale U); Fischer, Ronald (U of Chile); Galetovic, Alexander (U of the Andes)
    Abstract: Public-private partnerships (PPPs) cannot be justified because they free public funds. When PPPs are justified on efficiency grounds, the contract that optimally balances demand risk, user-fee distortions and the opportunity cost of public funds, features a minimum revenue guarantee and a revenue cap. However, observed revenue guarantees and revenue sharing arrangements differ from those suggested by the optimal contract. Also, this contract can be implemented via a competitive auction with realistic informational requirements. Finally, the allocation of risk under the optimal contract suggests that PPPs are closer to public provision than to privatization.
    JEL: H21
    Date: 2008–02
  4. By: Petrolia, Daniel R.; Kim, Tae-goun; Moore, Ross G.; Caffey, Rex H.
    Abstract: It was the objective of this study to take a first cut at understanding the cost structure of coastal restoration technologies and to obtain some preliminary measures of cost-effectiveness of these technologies. This analysis focused on restoration projects funded by the Coastal Wetlands Planning, Protection, and Restoration Act (CWPPRA, also known as the Breaux Act), the primary funding source for restoration projects in Louisiana. Projects chosen were those that included a component of dredging sediment with the explicit objective of increasing acreage in the project area, i.e., of building land.
    Keywords: restoration, dredging, Land Economics/Use,
    Date: 2009
  5. By: Atiq-ur-Rehman, Atiq-ur-Rehman; Anis, Hafsa
    Abstract: According to official estimates, territory of Azad Jammu & Kashmir has a potential to generate about 4600 MW of hydroelectricity, the cheapest source of energy. Total deficit in energy Pakistan is facing these days is about 5000 MW. So, only AJK can fulfill more than 90% of deficit of now demanded energy for entire country. Beside this direct and explicit advantage of hydropower projects to power sector, these projects may be extremely useful in improving many economic and social indicators at local and national level. Many socioeconomic indicators reveal that Azad Kashmir is there is huge gap in development level of AJK and National level. Development of power sector is extremely important to fill this gap. In this paper, we analyze effect of possible implementation of these projects on various economic and social sectors at local and national level. We discuss the obstacles in implementation of projects and recommendations are given at the end.
    Keywords: Economic Growth; Hydropower Project
    JEL: D20 D00
    Date: 2008–12–15
  6. By: MacGregor, Steven P. (IESE Business School); Fontrodona, Joan (IESE Business School)
    Abstract: An exploration of the fit or space between CSR and innovation is presented, based on the RESPONSE project, a 15-month study involving 60 SMEs throughout Europe. The main practical output of the project was the Social Innovation model, yet a conceptual understanding of CSR and innovation is best advanced through the three hypotheses that constitute the conclusions of the project: H1) The diffusion of CSR should be modelled on the diffusion of innovation; H2) CSR implementation and innovation can be configured to form a virtuous circle; and H3) There is a maturity path toward true integration of CSR and innovation. These three hypotheses inform, respectively, on the background, results and development of the project. H1 is framed within the context of the original European Commission call and proposal; H2 ties in with the Social Innovation model; and H3 is discussed in the light of a short case involving a high-performing SME. Since the hypotheses were the result of the project, we do not attempt to prove them here, but discuss their significance, with the idea that further research and community development will fully evaluate their accuracy.
    Keywords: Corporate social responsibility; innovation; small and medium-size enterprises;
    Date: 2008–07–17

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