私人资本参与PPP项目的影响因素分析——基于亚投行背景下的经验分析  

The Analysis of the Influence Factors for Private Assets Participating in the PPP Projects on the Background of AIIB

作　　者：杨丽花[1] 王喆[1] 

机构地区：[1]中国政法大学商学院

出　　处：《亚太经济》2018年第1期53-61,146,共9页Asia-Pacific Economic Review

基　　金：国家社会科学基金项目"企业异质性与中国出口市场多元化研究"(批准号12CGJ026);中国政法大学商学院院级科研项目;北京市社会科学基金项目"对外直接投资对北京产业结构升级的影响效应与发展对策研究"(批准号15JGB129)

摘　　要：在分析亚投行覆盖区域私人资本参与PPP项目特征事实的基础上,对影响私人资本参与PPP项目的因素做出了理论假设,并进行了实证检验。研究结果表明多边开发银行有助于促进私人资本参与PPP项目;经济发展水平和市场需求是最重要的影响因素;政府因素不是影响私人资本参与PPP项目的主要因素,但表现出一些动态特征。同时这些因素的影响在不同收入国家、不同投资领域以及金融危机前后表现出差异性。这些特征可以为亚投行的运营提供一些有益启示。AIIB is a new regional multilateral financial institute,which is initiated by China. It is on the focus that whether AIIB could attract private asset to participate in the PPP projects and what are the important influencing factors. In this paper,the facts of the private assets participating in the PPP projects in the area where AIIB may invest in the future are discussed. The influence factors are assumed. Through the empirical test,we found the following facts. First,the multilateral financial institute helps to promote the private assets participating in the PPP projects. Second,the level of the economic development and market demand are the most important influencing factors. Third,the factors from the government are not the main influence factors,but there are some dynamic facts. Furthermore,the influencing factors differ from different countries of income and different investment area as well as different period before and after the financial crisis. The results would be helpful to the operation of AIIB.

关 键 词：多边开发银行 PPP模式 私人资本 

分 类 号：F832[经济管理—金融学]