Analysis on the Welfare Effect of the PPP Implementation
This study investigates the welfare implications of BTL projects using a general equilibrium model with the public sector and public-private partnerships. We show that when the government is not allowed to run budget deficits but private firms is able to overcome the financial constraint, BTL projec...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2013-09-01
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Series: | KDI Journal of Economic Policy |
Subjects: | |
Online Access: | https://doi.org/10.23895/kdijep.2013.35.3.1 |