Abstract
Under the background of the national planning strategy such as “One Belt, One Road” and “Thirteenth Five-Year Plan”, China introduced PPP as a financing model and used private capital to ease the government’s financial pressure on transportation infrastructure construction. With the support of national supply-side reform and mixed-ownership economy, PPP has already caused a wave of application in China. However, due to the particularity of the PPP model, it is possible to make appropriate arrangements for core stakeholders when establishing a cooperation contract. The distribution of income largely affects the success of the project. Based on the feasibility of the argument, this paper constructs the income distribution model and mechanism, and designs and corrects the PPP model stakeholder the income distribution model based on the Shapley value method. The X urban rail transit project is taken as an example of empirical research. Analyze the influencing factors and correct the income distribution model.
Funding for Fundamental Scientific Research Business Funds of Central Universities Funds “Does proprietary technology transfer cause local governments in various regions to choose PPP mode financing differences?——Based on empirical research in infrastructure field” (2019YJS075).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Daube, D., Vollrath, S., & Alfen, H. W. (2008). A comparison of project finance and the forfeiting model as financing forms for PPP projects in Germany. International Journal of Project Management, 26, 376–387.
Abdul-Aziz, A. R., & Jahn Kassim, P. S. (2011). Objectives, success and failure factors of housing public–private partnerships in Malaysia. Habitat International, 35, 150–157.
Li, X., & Zhang, S. (2002). PPP: a new type of project financing. China Soft Science (2), 52–55.
Wang, W. (2004). Accelerating the research and application of PPP mode to promote the marketization of rail transit. Macroeconomic Research (1), 47–49.
Chen, L. (2005). PPP model and urban rail transit construction financing. Economic Frontier (12), 22–25.
Sheng, L. (2016). Analysis of the optimization path of government and social capital cooperation (PPP) system for transportation infrastructure construction. Economic Research Reference (18), 5–7.
Scharle, P. (2002). Public-Private Partnership (PPP) as a social game. Innovation: The European Journal of Social Science Research, 15(3), 227–252.
Viegas, J. M. (2010). Questioning the need for full amortization in PPP contracts for transport infrastructure. Research in Transportation Economics, 30, 139–144.
Zheng, Z., Tao, C., & Leng, Y. (2011). A cooperative game analysis of PPP mode for large-scale sports facilities. Sports Science, 31(5), 27–32.
Ma, Q., & Liu, D. (2011). Design of income distribution mechanism for non-operating PPP projects. Business Times (9), 97–98.
Ye, X., Wu, S., & Shan, X. (2010). Study on the relationship of interests and distribution methods in China’s PPP project cooperation. Science and Technology Progress and Countermeasures, 27(19), 36–39.
He, S., & Fu, H. (2006). Research on investment decision and income distribution of PPP projects based on risk sharing. Building Economy, 9–12.
Wu, Y. (2016). Building decisions and revenue distribution of PPP projects based on risk sharing. China Business, 273–274.
Wu, H., Cai, X., Yan, H. (2015). Multi-stakeholder decision-making mechanism for rail transit projects under PPP mode. Enterprise Technology Development (Second Half), 128–129.
Feng, J., & Yang, S. (2017). Study on the excess return distribution of PPP transportation projects based on fairness preference theory. Soft Science, 31(10), 120–124.
Luo, D. (2017). Simulation of the dynamic distribution mechanism of public infrastructure PPP cooperation revenue—taking Jiangxi province as an example. Journal of Jiangxi University of Science and Technology, 38(4), 59–64.
Luo, D. (2017). Influencing factors of PPP cooperation income distribution in public infrastructure: taking Jiangxi province’s empirical research as an example. Enterprise Economy, 36(5), 176–182.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Liu, C., Guo, X., Li, H. (2020). Income Distribution of PPP Mode in Transportation Infrastructure Construction. In: Li, M., Dresner, M., Zhang, R., Hua, G., Shang, X. (eds) IEIS2019. Springer, Singapore. https://doi.org/10.1007/978-981-15-5660-9_1
Download citation
DOI: https://doi.org/10.1007/978-981-15-5660-9_1
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-5659-3
Online ISBN: 978-981-15-5660-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)