Relationships among Value-for-Money Drivers of Public-Private Partnership Infrastructure Projects
Relationships among Value-for-Money Drivers of Public-Private Partnership Infrastructure Projects
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公私合作基础设施项目的物有所值驱动因素之间的关系
DOI：
10.1061/(asce)is.1943-555x.0000479
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发表时间：
2019-06-01
影响因子：
3.3
通讯作者：
Coffey, Vaughan
中科院分区：
文献类型：
--
作者：
Cui, Caiyun;Wang, Jianping;Coffey, Vaughan
物有所值（VFM）驱动因素及其相互关系对提高公私伙伴关系（PPP）项目的物有所值（VFM）具有重大影响。然而，很少有研究探索VFM驱动因素之间的潜在相互关系。本研究采用问卷调查和结构方程模型（SEM），旨在：(1)完善PPP项目的VFM驱动框架；(2)确定并验证PPP项目实施中VFM驱动因素之间的相互关系。这项研究观察到，成本和有效性的决定因素是财务或业绩可持续性的决定因素。整体合作环境越好，参与主体的能力和特点越好，公私合作的效果越好。此外，合作水平直接影响成本和效率。最后，稳定的宏观经济条件对合作环境的影响最为显著。VFM驱动因素之间确定的相互关系将有助于提高PPP项目的可持续性和成功交付。
Value-for-money (VFM) drivers and their interrelationships have large impacts on increasing the VFM of public-private partnership (PPP) projects. However, very few studies have explored the potential interrelationships among VFM drivers. Using a questionnaire survey and structural equation modeling (SEM), the current study aims (1) to refine a VFM driver framework for PPP projects; and (2) to determine and verify the interrelationships among VFM drivers for PPP project implementation. This research has observed that the determinants of cost and effectiveness are provided for financial or performance sustainability. Moreover the better the overall cooperative environment, the better the participants' capabilities and characteristics and the more effective the cooperation between the public and private sectors. Furthermore, the level of cooperation favorably influences cost and effectiveness directly. Finally, a stable macroeconomic condition has the most significant impact on the cooperative environment. The determined interrelationships among VFM drivers will contribute to the increased sustainability and successful delivery of PPP projects.