| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13284 |
| 来源ID | Working Paper 13284 |
| The Basic Public Finance of Public-Private Partnerships | |
| Eduardo Engel; Ronald Fischer; Alexander Galetovic | |
| 发表日期 | 2007-07-20 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | 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. |
| 主题 | Public Economics ; Taxation ; National Fiscal Issues ; Industrial Organization ; Regulatory Economics ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w13284 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570955 |
| 推荐引用方式 GB/T 7714 | Eduardo Engel,Ronald Fischer,Alexander Galetovic. The Basic Public Finance of Public-Private Partnerships. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13284.pdf（381KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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