This paper investigates the impact of genealogical language distance in cross-border communication on private participation infrastructure projects. Our analysis of 5440 projects in 64 countries (1990–2004) shows that the probability of success of private participation projects is lower in countries characterized by a larger genealogical language distance. We also find that this effect is weaker when the project involves a local investor or the host country government. In contrast, the same effect is strengthened when the project is greenfield. Finally, including the host country government as an investor in the project has no moderating effect in the effect of genealogical language distance on private participation projects.

中文翻译：

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跨界交流和私人参与项目：家谱语言距离的作用

本文研究了家谱语言距离在跨境交流中对私人参与基础设施项目的影响。我们对64个国家（1990-2004年）的5440个项目的分析表明，在以族谱语言距离较长为特征的国家，私人参与项目成功的可能性较低。我们还发现，当项目涉及当地投资者或东道国政府时，这种影响会减弱。相反，当该项目是绿地项目时，相同的效果会增强。最后，在项目中包括东道国政府作为投资者对家谱语言距离对私人参与项目的影响没有调节作用。