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Risk Factor Empirical Research of PPP Projects Based on Factor Analysis Method
Key Laboratory of High-speed Railway Engineering, Education Ministry of China, Chengdu, China
School of Civil Engineering, Southwest Jiaotong University, Chengdu, China
School of Economics and Management, Southwest Jiaotong University, Chengdu, China
- 1 Key Laboratory of High-speed Railway Engineering, Education Ministry of China, Chengdu, China
- 2 School of Civil Engineering, Southwest Jiaotong University, Chengdu, China
- 3 School of Economics and Management, Southwest Jiaotong University, Chengdu, China
American Journal of Industrial and Business Management·Volume 05 (2015)·Pages 383–387·Published 5 June 2015·DOI10.4236/ajibm.2015.56038
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Abstract
As an innovative investment and financing system of urbanization and the key to the local financing platform to resolve the debt risk, PPP projects have great significance to the current Chinese economy. At present, domestic PPP projects lack of benefit sharing standard and the mechanism of risk-sharing and risk factor analysis is the premise of risk-sharing. Adopting the raw data of major risk factors by questionnaire investigation from a key domestic PPP project, and using SPSS and factor analysis method to do an empirical test, a financing risk index system is built. The results of the study also reveal that financing risk factors are the most important ones to a particular PPP project.
KeywordsPPP ProjectsRisk Factors AnalysisFactor Analysis Method
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