A Study of Social Welfare from Public-Private-Partnerships(PPPs): A Case of Taipei City Youbike
Date Issued
2015
Date
2015
Author(s)
Chien, Sung-Che
Abstract
Public-Private-Partnerships(PPPs) is a new expression in recent years. PPPs means that the cooperation between public sector and private sector, which will form partnerships. While compared with public and private sector finish the project independently, this cooperation is considered to reduce the cost and rise execute more efficiently. However, it sometimes deemed to raise fiscal bearing. This thesis mainly discuss the empirical study of PPPs. A case of Taipei city Youbike is preferable here, which is the 7-years contract between government and Giant corporation. We calculate the variation of social welfare which Youbike causes to happen by using Cost-Benefit-Analysis(CBA). Sample period is 2013-2019 including future prediction, so we estimate the impact of Youbike policy with net present value(NPV). Furthermore, 2013 is basis year. The case study contains several estimations: consumer surplus(CS), producer surplus(PS), government surplus(GS) and external effects(EE). First of all, we predict the number of ride in the future. Then it can be concluded that the size consumer surplus through consumers’ willingness to pay(WTP). According to the financial data of Youbike, we also estimate producer surplus and government surplus. Finally, the environmental benefits evaluation will be monetized. The empirical study’s result indicated that the policy of Youbike would bring 14,390 millions benefits to our society. This implication is applied to previous hypothesis.
Subjects
PPPs
Youbike
Welfare Economics
CBA
The Variation of Social Welfare
External Effects
Type
thesis
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