Credit Default of Local Public Sectors in Chinese Government-Pay PPP Projects: Evidence from Ecological Construction

<table class="table-group" id="tab11"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Casual configuration</td><td class="align_center">Raw coverage</td><td class="align_center">Consistency</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">PP</td><td class="align_center">0.80</td><td class="align_center">0.62</td></tr><tr><td class="align_left">FI</td><td class="align_center">0.90</td><td class="align_center">1.00</td></tr><tr><td class="align_left">SW</td><td class="align_center">0.80</td><td class="align_center">0.80</td></tr><tr><td class="align_left">OL</td><td class="align_center">0.70</td><td class="align_center">0.64</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Results of raw coverage and consistency for each condition.</div>

Advances in Civil Engineering

tab11

Table 11

Table 11: Credit Default of Local Public Sectors in Chinese Government-Pay PPP Projects: Evidence from Ecological Construction 