商业银行参与PPP项目的风险分担研究——基于三方静态博弈模型

Research of Risk Sharing of Commercial Banks Participating in PPP Projects——Based on a tripartite model of static game

在我国地方债问题日趋严重的背景下,PPP模式是未来我国基础设施建设的发展方向,而商业银行作为资金融通最重要的中介,势必在PPP项目中发挥较大的作用。首先概述了PPP的内涵和参与PP项目的三方主体,其次对PPP项目中的各类风险进行了分类,然后利用三方静态博弈模型讨论了政府、私营企业和银行的风险分担模式,得出应由风险偏好系数大的一方承担风险的结论,最后对商业银行在参与PPP项目中的风险分担的策略提出建议。

The problem of local government debt has been serious over the past several years in China,PPP model is a new direction for the construction of infrastructure.As the most important financing institute,commercial banks are bound to play a larger role in PPP projects.We first introduce the meaning and three parts of PPP.Then classify the risks of PPP model.Next we discuss the risk sharing model among government,private sectors and banks using game theory.At last,we recommend to banks about preventing risks when the participate in PPP projects.