Carter B. Casady

Carter B. Casady
Stanford University | SU · Department of Civil and Environmental Engineering

PhD | Sustainable Design & Construction

About

50
Publications
28,110
Reads
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853
Citations
Introduction
I am a Research Engineer in the Center for Sustainable Development and Global Competitiveness at Stanford University. As part of the Stanford Long Term Investing (SLTI) initiative, my research broadly focuses on the governance of long-term investments in infrastructure, particularly via public-private partnerships (PPPs). NOTE: Conference papers are generally not included in my ResearchGate profile.

Publications

Publications (50)
Article
Full-text available
Public–private partnerships (PPPs) are increasingly being utilized worldwide as a means of providing climate mitigation and adaptation interventions, including low-carbon, climate-resilient (LCCR) infrastructure. To explore LCCR PPPs in more depth, we conduct a systematic literature review of articles published in peer-reviewed, academic journals b...
Article
Full-text available
Administrative burden is experienced by both individuals and businesses when dealing with government entities. While previous literature suggests administrative burden arises from the deliberate choices of political actors, this study highlights how bureaucratic redundancies also lead to administrative burden. Using a dataset of public‐private part...
Chapter
The Palgrave Handbook of Sovereign Wealth Funds aims to provide a comprehensive analysis of SWFs from a multidimensional perspective. It spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. Discussion of relevant research permeates the handbook. This volume helps fill the gap by show...
Article
Full-text available
The study investigates how contractual and relational governance influence partner behaviors and promote sustainability performance of infrastructure public‐private partnerships (PPPs). Survey data from 217 Chinese PPP projects were analyzed using partial least squares structural equation modeling. This study found that both contractual and relatio...
Article
Many public-private partnership (PPP) projects around the world suffer from poor risk allocation, questionable technical studies, cost underestimation, and inaccurate demand forecasts. To address these issues, some scholars have suggested public authorities adopt more flexible contracts. However, given their limited use to date, questions about the...
Article
Full-text available
Public-private partnership (PPP) renegotiations and their outcomes have been studied extensively in Latin America and Europe but not in the United States. Therefore, this study evaluates factors triggering U.S. PPP renegotiations by examining six highway PPPs located in California (2), Indiana (1), and Virginia (3). The findings suggest exogenous m...
Article
Full-text available
This study examines how institutional change affects public-private partnership (PPP) market maturity. Using a novel Time Differencing Qualitative Comparative Analysis (QCA) method, the institutional settings of 19 different PPP markets across Latin America and the Caribbean (LAC) were analysed between 2009 and 2014. The results show enhancing the...
Article
Full-text available
Public-private partnerships (PPPs) have become an increasingly popular means of delivering urban development projects (UDPs) and have long-lasting effects on urban sustainability. However, private interests tend to conflict with environmental and social sustainability goals in UDPs. Through an in-depth case study of the Gu'An New Industry City, the...
Chapter
Full-text available
The book and chapter can be found here: https://www.e-elgar.com/shop/gbp/assessing-the-performance-advantage-of-public-private-partnerships-9781800889194.html.
Chapter
Full-text available
The book and chapter can be found here: https://www.e-elgar.com/shop/gbp/assessing-the-performance-advantage-of-public-private-partnerships-9781800889194.html.
Book
Full-text available
This timely book questions the premise that Public-Private Partnerships (PPPs) have a performance advantage over traditionally procured projects, an assumption that motivates policymakers worldwide to enter into such contracts. Taking stock of novel research comparing the differences in performance between PPP and traditionally procured infrastruct...
Article
In risky public-private partnership (PPP) projects, governments and public institutions tend to offer private investors certain guarantees for their participation. However, when public sector capacity and institutions are weak, these guarantees can generate moral hazard in the bidding process and lead to contractual renegotiations, resulting in a l...
Article
Full-text available
Public–private partnerships (PPPs) have been accused of importing practices and norms from the private sector that could conflict with core public values (e.g., accountability, transparency, responsiveness, responsibility, and quality). Some scholars believe that PPP renegotiations can enhance public values through ex post adaptation, interference,...
Article
Full-text available
In North America, public-private partnerships (P3s) are increasingly using pre-development agreements to enhance collaboration between the public and private sectors. Known colloquially as "progressive P3s", these agreements allow the private sector to help scope and shape the structure of projects at the front end. However, concerns about their ef...
Chapter
The institutional dimensions of public-private partnerships (PPPs) have become increasingly important in recent years, especially during the Covid-19 epoch as governments plan their post-pandemic recovery efforts. However, quantifying and analyzing these institutional factors and their effects on PPP preparation, execution, and management remains d...
Article
Full-text available
In response to climate change issues, increasing numbers of vanguard projects are being established to help governments achieve sustainability goals through rapid technology development. We focus on the transition intermediation literature to argue that vanguard projects, as intermediation spaces, enable core and external project actors to assume i...
Article
Full-text available
Purpose The novel coronavirus (COVID-19) pandemic has left nations around the world scrambling to procure emergency healthcare capacity, services and equipment. To meet this unprecedented demand on global healthcare systems, governments are increasingly looking to partner with the private sector via public-private partnerships (PPPs). However, the...
Article
Full-text available
Although infrastructure public-private partnerships (PPPs) have become increasingly popular globally, they face their own institutional challenges in transition economies. This paper highlights some of these challenges by examining the (in)formal factors affecting Kosovo's first PPP in the waste management sector, Ecohigjiena sh.p.k. Drawing upon s...
Article
Full-text available
Mobility-as-a-Service (MaaS) is a relatively new mobility paradigm that offers users a centralized, digital platform to register, plan, book, e-ticket, and pay for an entire chain of public and private, multimodal service offerings. As MaaS continues to gain traction globally in the customer-led economy, more attention is needed on the role of cust...
Article
Full-text available
The novel coronavirus (COVID-19) pandemic is placing unprecedented stress on public-private partnerships (PPPs), creating the real possibility of widespread project failures. The disruption and potential collapse of multiple PPP projects will likely trigger force majeure contractual provisions, but the applicability and efficacy of these generic ca...
Article
Full-text available
Objective This study aims to clarify the association between prosperity and novel coronavirus disease 2019 outcomes and its impact on the future management of pandemics. Methods This study is an observational study using information from two online registries. The numbers of infected individuals and deaths and the prosperity rank of each country w...
Article
Full-text available
Around the world, countries are struggling to address the immediate and long-term impacts of the novel coronavirus (COVID-19) pandemic on their (sub)national public-private partnership (PPP) programs. Burdened with the real possibility of widespread project failures and constrained budgets, governments are searching for ways to prioritize projects...
Article
Full-text available
The coronavirus (COVID-19) pandemic has overwhelmed many national healthcare systems around the world. In attempts to meet their emergency needs and mitigate escalating challenges, governments are increasingly reaching out to the private sector to form sustainable, public-private partnerships (PPPs). Unfortunately, many of these ad hoc efforts have...
Preprint
Around the world, countries are struggling to address the immediate and long-term impacts of novel coronavirus (COVID-19) pandemic on their (sub)national public-private partnership (PPP) programs. Burdened with the real possibility of widespread project failures and constrained budgets, governments are searching for ways to prioritize projects in n...
Conference Paper
Full-text available
Many countries have taken non-pharmaceutical interventions (NPIs) to contain the spread of the coronavirus (COVID-19) and push the recovery of national economies. This paper investigates the effect of these control measures by comparing five selected countries, China, Italy, Germany, the United Kingdom, and the United States. There is evidence that...
Preprint
Full-text available
The novel coronavirus (COVID-19) pandemic is placing unprecedented stress on public-private partnerships (PPPs), creating the real possibility of widespread project failures. The disruption and potential collapse of multiple PPP projects will likely trigger force majeure contractual provisions, but the applicability and efficacy of these generic ca...
Preprint
Full-text available
The novel coronavirus (COVID-19) pandemic has left nations around the world scrambling to procure emergency healthcare capacity, services, and equipment. To meet this unprecedented demand on global healthcare systems, governments are increasingly looking to partner with the private sector via public-private partnerships (PPPs). However, the protrac...
Preprint
Full-text available
The coronavirus (COVID-19) pandemic has overwhelmed many national healthcare systems around the world. In attempts to meet their emergency needs and mitigate escalating challenges, governments are increasingly reaching out to the private sector to form sustainable, public-private partnerships (PPPs). Unfortunately, many of these ad hoc efforts have...
Article
Full-text available
Asset recycling (AR) has gained attention in the United States as a way of improving life cycle asset maintenance and realizing maximum value from existing public infrastructure. In an AR program, proceeds from leases or sales of mature, underutilized public assets are reinvested in much-needed infrastructure improvements. Although the benefits of...
Article
Full-text available
Although learning is the foundation of improved policymaking, little is known about policy learning in transportation programs. To address this knowledge gap, this article explores how two structural factors – (1) restricted information dissemination through centralized decision-making structures and (2) high senior civil servant turnover – affecte...
Article
Full-text available
This study explores whether different constellations of institutional factors create unique causal 'paths' to mature PPP market performance. Using fuzzy set Qualitative Comparative Analysis (fsQCA), the institutional settings of 48 different PPP markets across Latin American and the Caribbean (LAC), Central and Eastern Europe, the Middle East, and...
Article
Full-text available
Toll-managed lanes have become an increasingly popular technique among transportation policymakers for managing congestion on existing highways and, in some cases, financing the construction of new lanes in congested urban corridors. Although growing in popularity, the adoption of these facilities is concentrated in five states: Texas, California,...
Chapter
More than 30 states in the United States (US) have adopted public_private partnership (PPP) enabling laws designed to create a stable legal structure and institutional framework to attract long-term investment in public infrastructure projects. However, to participate more effectively in supporting PPP program and project development, many advanced...
Chapter
Globally, public-private partnerships (PPPs) have risen in popularity as an alternative procurement model for infrastructure development projects. The development of infrastructure PPPs depends to a large extent on institutional maturity, where mature institutions are characterized by well-established norms and coordination procedures for infrastru...
Article
Full-text available
Public-private partnerships (PPPs) often require lengthy tendering periods that can deter bidders, reduce competition for contracts, and undermine the overall social benefits of PPP procurement. PPP tendering periods in Canada are notably shorter than in other countries with mature PPP markets such as those of the United Kingdom and Ireland. We exp...
Article
Full-text available
Infrastructure public-private partnerships (PPPs) are dominantly seen as part of an increasingly fragmented and uncertain public management paradigm known as New Public Governance (NPG). However, the effects of institutional maturity on PPP utilization within this domain remain understudied. In order to (re)define PPPs within the NPG paradigm, we d...
Article
Full-text available
Globally, public-private partnerships (PPPs) have increased in popularity as an alternative procurement model for infrastructure development projects. While PPPs have been widely researched and remain subject to extensive debate, the process of PPP institutionalization has been largely overlooked. To address this knowledge gap, we utilize a combina...
Technical Report
Full-text available
Toll managed lanes are expressway lanes where tolls are used--often in combination with preferred access for high occupancy vehicles and other special traffic management techniques-- to improve the highway’s capacity, speed or reliability. Such lanes, and particularly a variant called High Occupancy Toll (HOT) lanes, have become popular with transp...
Article
Full-text available
The use of public-private partnerships (PPPs) is expanding globally. PPP contracts have become the main vehicle to incorporate private-sector skills, resources, and risk management into the delivery of critical infrastructure facilities. PPPs include two key elements: bundling together, in some combination, facility design, construction, operation,...

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