In many cases, the expected efficiency advantages of public-private partnership (PPP) projects as a specific form of infrastructure provision did not materialize ex post. From a Public Choice perspective, one simple explanation for many of the problems surrounded by the governance of PPPs is that the public decision-makers being involved in the process of initiating and implementing PPP projects (namely, politicians and public bureaucrats) in many situations make low- cost decisions in the sense of Kirchgässner (1948–2017). That is, their decisions may have a high impact on the wealth of the jurisdiction in which the PPP is located (most notably, on the welfare of citizen-taxpayers in this jurisdiction) but, at the same time, these decisions often only have a low impact on the private welfare of the individual decision-makers in politics and bureaucracy. The latter, for example, in many settings often have a low economic incentive to monitor/control what the private-sector partners are doing (or not doing) within a PPP arrangement. The purpose of this paper is to draw greater attention to the problems created by low-cost decisions for the governance of PPPs. Moreover, the paper discusses potential remedies arising from the viewpoint of Public Choice and Constitutional Political Economy.

Public-Private Partnerships (PPPs) are mostly presented as a means to introduce efficient procurement methods and better value for money to taxpayers. However, the complexity of the PPP mechanism, their lack of transparency, accounting rules and implicit liabilities make it often impossible to perceive the amount of public expenditure involved and the long-run impact on taxpayers, providing room for fiscal illusion, i.e., the illusion that PPPs are much less expensive than traditional public investments. This psaper, thanks to a systematic review of the literature on the EU countries experience, tries to unveil the sources of this illusion by looking at the reasons behind the PPPs’ choice, their real costs, and the sources of fiscal risks. The literature suggests that PPPs are more costly than public funding, especially when contingent liabilities are not taken into account, and are employed as mechanisms to circumvent budgetary restrictions and to spend off-balance. The paper concludes that the public sector should share more risks with private sectors by reducing the amount of guarantees, and should prevent governments from operating through a sleight of hand that deflects attention away from off-balance financing, by applying a neutral fiscal recording system.

The present article reports the applications of Caputo-Fabrizio time-fractional derivatives. This article generalizes the idea of unsteady MHD free convective flow in a Walters.-B fluid with heat and mass transfer study over an exponential isothermal vertical plate embedded in a porous medium. The governing equations are converted into dimensionless form and extended to fractional model. The generalized Walters-B fluid model has been solved analytically using the Laplace transform technique. From the general solutions we reduce limiting solutions when to the similar motion for Newtonian fluid. The corresponding expressions for and Nusselt and Sherwood numbers are also assessed. Numerical results for velocity, temperature and concentration are demonstrated graphically for various factors of interest and discussed. As a result, we have plotted the influence of fractional parameter on fluid flow and drawn comparison between fractional Walters’-B and fractional Newtonian fluid and found that fractional Newtonian fluid is faster than fractional Walters’-B fluids.

The cambucizeiro (Campomanesia phaea), belonging to the Myrtaceae family, is a native plant of the Brazilian Atlantic Forest. The description of the characteristics of the cambucizeiro fruits is important to support new genetic improvement works and its commercial exploitation, especially regarding the processing of the fruit. The present work aimed to perform the morphological and chemical characterization of the cambucizeiro fruits. Fifty-eight accessions, from different locations in the Atlantic Forest and Serra do Mar in the state of São Paulo, were collected, propagated by seeds and one specimen of each accessory is at the Seedling Production Center in São Bento do Sapucaí (SP). Forty fruits from each access were collected in May and submitted to the following analyses: longitudinal and transversal diameter, total fruit fresh mass, number and mass of seeds, total soluble solids, % citric acid, ratio, firmness, vitamin C and coloration. Fruit conformation varies intensely among accessions. The number of seeds is not a good indicator for the relation with the fruit mass, but the mass of one thousand seeds. Some accessions have high soluble solids content, but, on the other hand, the vast majority have fruits with high acidity. Cambuci is an excellent source of vitamin C. The fruits of the accessions are green in color, persisting an opaque shade when ripe.

The use of saline water in agriculture is a viable alternative, considering the increased demand for fresh water. The objective of this study was to evaluate the growth and phytomass production of sugar beet under irrigation with water of different saline concentrations in a field experiment on the campus of the Federal University of Alagoas in Arapiraca. The treatments were five levels of electrical conductivity (1.0, 2.0, 3.0, 4.0 and 5.0 dS m^-1). The design was in randomized blocks, with four repetitions. The maximum yield of sugar beet at 27 days after the application of saline treatments was obtained with a salinity of 3.0 dS m^-1, for the variables plant height (PA), stem diameter (CD), root length (RC), aboveground dry phytomass (FSPA) and total dry phytomass (FST). At 42 days after the application of saline treatments, the variables aboveground fresh phytomass (FFPA), root fresh phytomass (FFR), total fresh phytomass (FFT), aboveground dry phytomass (FSPA) and total dry phytomass (FST) increased with increasing water salinity. Rain may have influenced the results obtained for the evaluations, performed at 42 days after the application of the saline treatments.

Energy shortages and environmental damage have become serious problems facing the society today. Biomass can be a renewable energy source, which large-scale development and utilization are of great significance to industry and social life. Biomass pyrolysis technology can achieve effective utilization of biomass energy. It is necessary to optimize the pyrolysis reaction technology and device for realize the industrialization and large-scale production of biomass energy.