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The Basic Public Finance of Public-Private Partnerships

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NBER2007-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13284
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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
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2007-07-01
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