准经营性水利工程建设投资较大，政府和社会资本合作（PPP）模式能够有效缓解政府财政压力。PPP模式在准经营性水利工程应用过程中，政府部门和社会资本方的合作关系以及运作模式，特别是各利益主体之间的利益分配问题，是PPP模式成功实施的前提条件和关键因素。本文基于合作博弈理论，结合准经营性水利工程特点，以政府、社会资本方、特许经营单位3个核心利益相关者为分配对象，构建出PPP模式下准经营性水利工程动态利益分配模型。经实例验证，运用该模型得到的PPP模式下准经营性水利工程的收益分配结果更加合理，能充分调动利益相关方的积极性。

The quasi-commercial water project requires tremendous investment. The Public-Private-Partnership (PPP) model can ease the financial pressure of the government effectively. In the process of applying the PPP mode to quasi-commercial water projects, the cooperative relationship and operation mode between governmental departments and social capital, especially the revenue distribution among various stakeholders, are the prerequisites and key factors for the successful implementation of the PPP model. Based on the cooperative game theory, considering the characteristics of quasi-commercial water projects, we built a revenue distribution model for quasi-commercial water projects under the PPP mode, with the 3 core stakeholders (government, social capital, and franchisee) as the objects of distribution. A case study indicated that this model could produce a more reasonable revenue distribution of the quasi-commercial water project under PPP mode and could fully mobilize the enthusiasm of stakeholders.

国家自然科学基金（51209170；51479160）；陕西省自然科学基金（2016JQ5061）；陕西省水利科技项目（2013SLKJ-05）