Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform

Fu-guo Cao; De-yun Zhen; Ke Gao; Xiao Feng; Ping Ye

doi:doi:10.11648/j.eco.20170602.11

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Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform

Fu-guo Cao, De-yun Zhen, Ke Gao, Xiao Feng, Ping Ye

Published in Economics (Volume 6, Issue 2)

Received: 6 June 2017 Published: 6 June 2017

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Abstract

PPP (public private partnership) is not only a world trend, but also a Chinese story. Without the guidance of demonstration effect theory, it is hard to interpret the success of PPP in China. However, the lack of research on the demonstration effect theory and the basic logic of explaining the demonstration effect to promote government governance in the background of PPP and supply side reform. This study finds the model promotes the governance of the PPP market mainly through four logical paths, such as solving externalities, government increasing credit, contractual control rights and supplying high-quality information lists. And based on these conclusions, the government should be committed to protecting and supporting enterprises, supplying free high-quality project information, establishing a long-term mechanism to guide the social capital to continuously enter the market.

Published in	Economics (Volume 6, Issue 2)
DOI	10.11648/j.eco.20170602.11
Page(s)	24-29
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Demonstration Effect, Supply Side Reform, Contractual Control Right

References

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[2]	Murphy, Kevin M, Andrei Shleifer, and Robert W Vishny industrialization and big push [J]. journal of political Economics, 1989 (97): 1003-1026.
[3]	Yifu lin. New Structural Economics [M]. Beijing. Peking University Press, 2012, 2-12.
[4]	Walter S. Bear. Analysis of federally funded demonstration projects: executive summary [R]. America: Rand company, 1976.
[5]	Susan M. Macey, Marilyn A. Brown. Demonstration as a policy Instrument with Energy Technology example [J]. Science communication, 1990 (11), 219-236.
[6]	T. K. GLENNAN, Jr., W.F.HEDERMAN, jr., L. L. JOHNSON, R. A. RETTIG. The role of demonstrations in federal R&D policy [R]. America: Rand company, 1976.
[7]	Hanwei Zhang Yue Guo. Research on the Influence Mechanism of Government Demonstration Project on Technological Innovation [J]. Technology and Law, 2014 (6): 1055-1073.
[8]	Chris Hendry, Paul Harborne, James Brown. So what do innovating Companies Really Get from public funded demonstration projects and trials? Innovation lessons from solar photovoltaic sand wind [J]. Energy policy, 2010 (38): 4507-4519.
[9]	Jun su Hanwei Zhang. "Demonstration" in the context of technological innovation: stages.
[10]	Projects and tools [J]. Chinese Soft Science, 2014 (12): 60-66. Min Ye Wansheng Xiong. "Demonstration": a central mechanism for the implementation of Chinese policy [J]. Journal of Public Administration, 2013 (4): 15-25.
[11]	Gang Gong. On the Reform of Supply Side under the New Normal [J]. Journal of Nankai University (Philosophy and Social Sciences), 2016 (2): 17-22.
[12]	Angang Hu Shaojie Zhou. Supply side structural reform [J]. Journal of Tsinghua University (Philosophy and Social Sciences), 2016 (2): 17-22.
[13]	Jianjiang Song. Government credit growth, loan efficiency and economic growth [J]. Financial Development Review, 2016 (3): 130-13.
[14]	JunSheng Li Dongmin Dong. On the Nature of Internet Search Service and Its Market Supply [J]. Manage World, 2016 (8): 1-15.

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APA Style

Fu-guo Cao, De-yun Zhen, Ke Gao, Xiao Feng, Ping Ye. (2017). Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics, 6(2), 24-29. https://doi.org/10.11648/j.eco.20170602.11

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ACS Style

Fu-guo Cao; De-yun Zhen; Ke Gao; Xiao Feng; Ping Ye. Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics. 2017, 6(2), 24-29. doi: 10.11648/j.eco.20170602.11

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AMA Style

Fu-guo Cao, De-yun Zhen, Ke Gao, Xiao Feng, Ping Ye. Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics. 2017;6(2):24-29. doi: 10.11648/j.eco.20170602.11

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@article{10.11648/j.eco.20170602.11,
  author = {Fu-guo Cao and De-yun Zhen and Ke Gao and Xiao Feng and Ping Ye},
  title = {Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform},
  journal = {Economics},
  volume = {6},
  number = {2},
  pages = {24-29},
  doi = {10.11648/j.eco.20170602.11},
  url = {https://doi.org/10.11648/j.eco.20170602.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20170602.11},
  abstract = {PPP (public private partnership) is not only a world trend, but also a Chinese story. Without the guidance of demonstration effect theory, it is hard to interpret the success of PPP in China. However, the lack of research on the demonstration effect theory and the basic logic of explaining the demonstration effect to promote government governance in the background of PPP and supply side reform. This study finds the model promotes the governance of the PPP market mainly through four logical paths, such as solving externalities, government increasing credit, contractual control rights and supplying high-quality information lists. And based on these conclusions, the government should be committed to protecting and supporting enterprises, supplying free high-quality project information, establishing a long-term mechanism to guide the social capital to continuously enter the market.},
 year = {2017}
}

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TY  - JOUR
T1  - Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform
AU  - Fu-guo Cao
AU  - De-yun Zhen
AU  - Ke Gao
AU  - Xiao Feng
AU  - Ping Ye
Y1  - 2017/06/06
PY  - 2017
N1  - https://doi.org/10.11648/j.eco.20170602.11
DO  - 10.11648/j.eco.20170602.11
T2  - Economics
JF  - Economics
JO  - Economics
SP  - 24
EP  - 29
PB  - Science Publishing Group
SN  - 2376-6603
UR  - https://doi.org/10.11648/j.eco.20170602.11
AB  - PPP (public private partnership) is not only a world trend, but also a Chinese story. Without the guidance of demonstration effect theory, it is hard to interpret the success of PPP in China. However, the lack of research on the demonstration effect theory and the basic logic of explaining the demonstration effect to promote government governance in the background of PPP and supply side reform. This study finds the model promotes the governance of the PPP market mainly through four logical paths, such as solving externalities, government increasing credit, contractual control rights and supplying high-quality information lists. And based on these conclusions, the government should be committed to protecting and supporting enterprises, supplying free high-quality project information, establishing a long-term mechanism to guide the social capital to continuously enter the market.
VL  - 6
IS  - 2
ER  -

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Author Information

Fu-guo Cao

The School of Finance and Taxation, Central University of Finance and Economics, Beijing, P. R. China
De-yun Zhen

The School of Finance and Taxation, Central University of Finance and Economics, Beijing, P. R. China
Ke Gao

The School of Finance and Taxation, Central University of Finance and Economics, Beijing, P. R. China
Xiao Feng

The School of Government, Central University of Finance and Economics, Beijing, P. R. China
Ping Ye

The School of Business, Central University of Finance and Economics, Beijing, P. R. China

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Plain Text BibTeX RIS

APA Style

Fu-guo Cao, De-yun Zhen, Ke Gao, Xiao Feng, Ping Ye. (2017). Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics, 6(2), 24-29. https://doi.org/10.11648/j.eco.20170602.11

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ACS Style

Fu-guo Cao; De-yun Zhen; Ke Gao; Xiao Feng; Ping Ye. Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics. 2017, 6(2), 24-29. doi: 10.11648/j.eco.20170602.11

Copy | Download

AMA Style

Fu-guo Cao, De-yun Zhen, Ke Gao, Xiao Feng, Ping Ye. Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform. Economics. 2017;6(2):24-29. doi: 10.11648/j.eco.20170602.11

Copy | Download

@article{10.11648/j.eco.20170602.11,
  author = {Fu-guo Cao and De-yun Zhen and Ke Gao and Xiao Feng and Ping Ye},
  title = {Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform},
  journal = {Economics},
  volume = {6},
  number = {2},
  pages = {24-29},
  doi = {10.11648/j.eco.20170602.11},
  url = {https://doi.org/10.11648/j.eco.20170602.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.eco.20170602.11},
  abstract = {PPP (public private partnership) is not only a world trend, but also a Chinese story. Without the guidance of demonstration effect theory, it is hard to interpret the success of PPP in China. However, the lack of research on the demonstration effect theory and the basic logic of explaining the demonstration effect to promote government governance in the background of PPP and supply side reform. This study finds the model promotes the governance of the PPP market mainly through four logical paths, such as solving externalities, government increasing credit, contractual control rights and supplying high-quality information lists. And based on these conclusions, the government should be committed to protecting and supporting enterprises, supplying free high-quality project information, establishing a long-term mechanism to guide the social capital to continuously enter the market.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Demonstration Effect Theory: A Theoretical Framework of Regulating PPP Reform
AU  - Fu-guo Cao
AU  - De-yun Zhen
AU  - Ke Gao
AU  - Xiao Feng
AU  - Ping Ye
Y1  - 2017/06/06
PY  - 2017
N1  - https://doi.org/10.11648/j.eco.20170602.11
DO  - 10.11648/j.eco.20170602.11
T2  - Economics
JF  - Economics
JO  - Economics
SP  - 24
EP  - 29
PB  - Science Publishing Group
SN  - 2376-6603
UR  - https://doi.org/10.11648/j.eco.20170602.11
AB  - PPP (public private partnership) is not only a world trend, but also a Chinese story. Without the guidance of demonstration effect theory, it is hard to interpret the success of PPP in China. However, the lack of research on the demonstration effect theory and the basic logic of explaining the demonstration effect to promote government governance in the background of PPP and supply side reform. This study finds the model promotes the governance of the PPP market mainly through four logical paths, such as solving externalities, government increasing credit, contractual control rights and supplying high-quality information lists. And based on these conclusions, the government should be committed to protecting and supporting enterprises, supplying free high-quality project information, establishing a long-term mechanism to guide the social capital to continuously enter the market.
VL  - 6
IS  - 2
ER  -

Copy | Download