TITLE:
Risk Factor Empirical Research of PPP Projects Based on Factor Analysis Method
AUTHORS:
Hang Yin, Yuan-Fu Li, Dong-Mei Zhao
KEYWORDS:
PPP Projects, Risk Factors Analysis, Factor Analysis Method
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.5 No.6,
June
24,
2015
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.