Research on Incentive Mechanism of Green Retrofit in Old Town Residential Areas Under PPP Model
The green retrofit of old town residential areas is a significant people-benefit project to enhance residents'happiness and improve the townscape.Given the problems of government fiscal deficit,financing difficulties,and low participation enthusiasm of social capital in the green retrofit of old town residential areas,on account of EGT,the dynamic procedure of both sides in PPP mode is analyzed.The influence of economic incentives,tax penalties,and reputation incentives on the strategic choice of both parties is discussed.Combined with actual cases,sensitivity analysis is conducted by MATLAB.Finally,related policy proposals are brought forward based on the analysis results.
old town residential areasgreen retrofitPPP modeincentive mechanism
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