| With the improvement of China’s comprehensive national strength,people’s yearning for a better life increasingly strong,but since the 21 st century due to the accelerating urbanization process,urban area extends to the surrounding,people daily travel traffic jam problem increasingly serious,so open up new mode of urban traffic supply,integration of convenient public transportation system,is a broad consensus of local governments at all levels.In recent years,urban rail transit has developed rapidly.By the end of 2021,51 cities have been in operation.In the future,urban rail transit will still be in the stage of rapid development.However,due to the characteristics of high cost and long construction cycle of urban rail transit,the central government has repeatedly issued policies to actively promote social funds to participate in the field of urban infrastructure,actively guide social funds to participate in project investment and operation,and relieve the financial pressure of local governments.However,careful study found that rail transit PPP projects are difficult to land in many cities,How to effectively coordinate the interests of the government,social capital and the public as the main concern,This paper takes the franchise price as the entry point to study,Found that in the procurement stage of the urban rail transit PPP project,The reasonable formulation of the project franchise price is particularly critical,It is the core element that determines the success or failure of the urban rail transit PPP project,However,as the urban rail transit PPP project involves many stakeholders,And the concession price is affected by many factors,Lead to the formation of concession prices is also more complex,And there are many uncontrollable factors in the formulation and adjustment of the concession price,Therefore,it is urgent to study the influencing factors of franchise price.First of all,this paper first combs the PPP model and the concept of urban rail transit,summarizes the characteristics of urban rail transit,and selects stakeholders and quasi-public goods and prices as the theoretical basis.Then,through detailed literature analysis and careful case study,27 factors affecting the franchise price setting or adjustment of urban rail transit PPP projects were identified from thesix dimensions of government,social capital,public,project characteristics,market,economy and politics and law.After that,This paper carefully analyzes the advantages and disadvantages of the structural equation model,State the degree of adaptation of the structural equation model to the study object,According to the theoretical knowledge,the theoretical model of the franchise price factors of urban rail transit PPP project is established,Collecting sample data by issuing questionnaires,Test the reliability and validity of the sample data using SPSS 25.0,Next,performing the model fitting and model validation,Finally,according to the results of the structural equation model,the government factors influence the highest price degree,And the ten key influencing factors are: government performance/government dishonesty,government subsidies / preferential policies,government-enterprise relationship,government pricing objectives,competition of similar projects,financing capacity of social capital parties,customer flow,operation capacity and daily maintenance costs,franchise operation period,and risk sharing and income sharing mechanism.Paper based on the structure equation model of latent variables and observation variables analysis results,it is concluded that the government,social capital and the public of urban rail transit PPP project franchise price influence degree is not balanced,the government dominance,according to the above research conclusion,this paper from the perspective of stakeholders,combined with ten key factors of franchise price formulation and adjustment Suggestions and countermeasures. |
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