Risk Factor Empirical Research of PPP Projects Based on Factor Analysis Method

Hang Yin; Yuan-Fu Li; Dong-Mei Zhao

doi:10.4236/ajibm.2015.56038

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American Journal of Industrial and Busin... > Vol.5 No.6, June 2015

Risk Factor Empirical Research of PPP Projects Based on Factor Analysis Method ()

Hang Yin^1,2, Yuan-Fu Li^2,3, Dong-Mei Zhao¹

¹School of Economics and Management, Southwest Jiaotong University, Chengdu, China.
²Key Laboratory of High-speed Railway Engineering, Education Ministry of China, Chengdu, China.
³School of Civil Engineering, Southwest Jiaotong University, Chengdu, China.

DOI: 10.4236/ajibm.2015.56038 PDF HTML XML 3,152 Downloads 3,931 Views Citations

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.

Keywords

PPP Projects, Risk Factors Analysis, Factor Analysis Method

Share and Cite:

Yin, H. , Li, Y. and Zhao, D. (2015) Risk Factor Empirical Research of PPP Projects Based on Factor Analysis Method. American Journal of Industrial and Business Management, 5, 383-387. doi: 10.4236/ajibm.2015.56038.

Conflicts of Interest

The authors declare no conflicts of interest.

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