Regional Public Goods System Arrangement And Innovation Of The Ppp Model Research

The efficient supply of regional public goods is a basic premise for coordinating the development of regional economy, and the innovation of supply models will become an important solution. The Public-Private Partnership Model (PPP Model) is an establishment of various kinds of cooperative relations or the institution arrangement for the public sector and the private sector to provide public goods or service, which becomes "the fourth road" to the supply of regional public goods.Our country has tried this model in some areas more than10years, and we can’t help asking:with the10years of development and perfection, the success of PPP model in solving the supply of regional public goods is great or not. Therefore, the research task of the paper is discussing the institution arrangement, the efficiency of supply and the innovation mechanism of PPP model.This paper starts from the basic theories of regional public goods and its supply models, and points out that the economic characteristics of regional public goods is the root cause of adopting the PPP model. Then, we discuss the institution arrangement of PPP model, including the structure of property right, the operating mechanism, and the institutional environment, based on which we work out some economic evaluation standards of PPP model.Next, we look through the overall and the case views to measure the efficiency of PPP model. The result shows that, from the overall perspective, the PPP model has the certain influence in the efficiency of supply (takes about30%), which presents the rising trend. But in cases, some gain, some failure. The analyses show that, the supply of PPP model exits some problems in risk, price, incentive and supervision.Then, the paper shows the innovation of mechanism to improve this situation, including the risk-sharing mechanism based on the interests readjustment, the price formation mechanism based on the three parties satisfactory and the incentive regulation mechanism based on the management efficiency.Finally, we summarize the paper and look forward for the application and practice of PPP model for regional public goods.