文献类型：期刊文献

中文题名：PPP项目融资模式的风险分担优化模型

英文题名：Risk Allocation Optimizing Model in PPP Project Financing Pattern

作者：程连于[1]

第一作者：程连于

机构：[1]河南财经学院财政金融学院

第一机构：河南财经政法大学金融学院

年份：2009

卷号：28

期号：4

起止页码：142-145

中文期刊名：价值工程

外文期刊名：Value Engineering

语种：中文

中文关键词：PPP;项目融资;风险分担;蒙特卡罗模拟;风险价格;最低可行价格

外文关键词：ppp ; project financing; risk allocation ; Monte Carlo simulation ;tariff-at-risk ; minimum feasible tariff

摘要：在PPP项目融资模式下,合理的项目风险分担是项目成败的关键因素之一。由于缺乏一致认可的评估标准,项目风险分担方案的设计成为公共部门和私人部门双方博弈的焦点。文中提出了一个基于蒙特卡罗模拟的风险分担评估与优化框架,系统阐述了模型建构的基本方法;指出应依据最低可行价格,全面检验项目风险事件随机发生情况下既定风险分担方案的合理性。该方法有助于公共与私人部门双方尽快达成风险分担安排共识。
In PPP project financing scheme, effective project risk allocation is the key to ensure the project success. Due to lacking generally accepted evaluating standards, the design of risk allocation arrangement always becomes the focal point of the dispute between the private promoter and the public sector. This paper proposes a framework for evaluating and optimizing risk allocation arrangement based on Monte Carlo simulation. The method to structuring the simulation model is introduced systematically,and the minimum feasible tariff is proposed to verify the effectiveness of a given risk allocation arrangement. This method is of much help for both the private and the public to reach an agreement on risk allocation arrangement.