CAJ | 학술논문

在非经营性政府投资项目中引入特许经营可有效地实现项目投资主体多元化。从而解决项目资金短缺、投资主体缺位以及项目激励和约束机制失效等问题。通过构建无现金收益的非经营性政府投资项目实施过程中政府与项目公司之间的动态博弈模型，深入剖析了特许权期与项目公司建设成本、补偿费用等因素之间的相互影响，从而得出项目特许权期的决策方案，确定项目建设成本与补偿费用。算例分析结果表明非经营性政府投资项目的补偿费用对项目公司具有一定的激励效用。
재비경영성정부투자항목중인입특허경영가유효지실현항목투자주체다원화。종이해결항목자금단결、투자주체결위이급항목격려화약속궤제실효등문제。통과구건무현금수익적비경영성정부투자항목실시과정중정부여항목공사지간적동태박혁모형，심입부석료특허권기여항목공사건설성본、보상비용등인소지간적상호영향，종이득출항목특허권기적결책방안，학정항목건설성본여보상비용。산례분석결과표명비경영성정부투자항목적보상비용대항목공사구유일정적격려효용。
The non-profitable government investment projects can effectively invite diversified investors by introducing franchise and solve many questions such as the shortage of funds,the vacancy of the main investors,and the invalidation of the incentive mechanism. Through constructing a dynamic game model between government and the project company during the construction and operation of a non-profitable government investment project, the paper will analyze the mutual influence among concession period, construction cost, compensation and other factors, thus determining the concession period scheme and the construction cost and compensation. Numerical analysis results show that the compensation of non-profitable government investment project has certain incentives to the project company.