Efficiency Advantages and Incentive Mechanism of PPPs: A Qualitative Comparative Analysis under the Chinese Scenario

Table 5

The necessity of single preconditions.

Conditions		Outcomes
		Necessity
		Allocation efficiency	Process efficiency	Individual efficiency
		EALL	EPRO	EIND
Competition	COM	0.85	0.93	0.79
	∼COM	0.81	0.82	0.78
Ownership and bundling	OWN	0.62	0.76	0.59
	∼OWN	0.93	0.92	0.89
Risk transferring	RIS	0.81	0.88	0.79
	∼RIS	0.83	0.84	0.78
Economies of scale	SCA	0.87	0.90	0.84
	∼SCA	0.77	0.80	0.73
Cooperation	COO	0.51	0.62	0.47
	∼COO	0.95	0.98	0.95
Individual efforts	IND	0.80	0.86	0.77
	∼IND	0.81	0.85	0.79

Note: preceding a variable, the symbol “∼” represents the logical operator “NOT.”