Government Financial Subsidies in the Influence of Public Housing Under the PPP Financing Model
Yongfang He () and
Bing Li ()
Additional contact information
Yongfang He: Xiamen University
Bing Li: Xiamen University
Chapter Chapter 114 in Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 1123-1132 from Springer
Abstract:
Abstract While China’s develop into a social benefit society,affordable housing problem of large salary population become more attention to the authorities. In order to solve this problem,the government has issued a series of policy to expand the construction of economically affordable housing. However, the movement has been blocked because of construction fund shortage in many cities. Academic researchers suggest that introducing PPP models is one of the conventional ways for obtaining alternative finance to develop public housing. The purpose of this study is to analyze the relationship between the governmental financial subsidies and various influencing factors of public housing based on PPP model. This article first provides the favorable conditions that the governments adopt PPP model for the construction of public housing. Benefit models of the public and private sector’s was developed based on economics theories. They were analyzed by game theory to find out how governmental financial subsidies influence the welfare of the private and public sectors. Research results demonstrate the government financial subsidies can not only increase the benefit of the private sector, but also increase the benefit of the government through providing extra amount of public housing. It is hoped that this study can provide some useful information for the governments in considering PPP model to develop public facilities.
Keywords: PPP; Governmental financial subsidies; Public housing (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (2)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35548-6_114
Ordering information: This item can be ordered from
http://www.springer.com/9783642355486
DOI: 10.1007/978-3-642-35548-6_114
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().