{"title":"基于系统动力学的PPP污水处理项目投资回报体系研究","authors":"T. Dai, Qinghua Wang, Xiaokun Sun, Bixiang Shi","doi":"10.1504/ijtpm.2020.10032215","DOIUrl":null,"url":null,"abstract":"This paper aims to study on investment return system of public-private partnership (PPP) wastewater treatment projects based on system dynamics. On the basis of the analysis of the factors influencing the value for money (VFM) evaluation and the prediction system of the rate of return on investment, a system dynamics method is used to establish a prediction model for investment income based on VFM quantitative evaluation. The software of Vensim PLE is used to simulate the newly built PPP wastewater treatment project. Results show that the selection of discount rate and PPP project's transaction cost have significant effect on the VFM and the present value and the rate of return on investment in the franchise period. This study can be used as a reference for the fair and equitable cooperation between the government and the private business.","PeriodicalId":55889,"journal":{"name":"International Journal of Technology, Policy and Management","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2020-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Study on investment return system of PPP wastewater treatment projects based on system dynamics\",\"authors\":\"T. Dai, Qinghua Wang, Xiaokun Sun, Bixiang Shi\",\"doi\":\"10.1504/ijtpm.2020.10032215\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper aims to study on investment return system of public-private partnership (PPP) wastewater treatment projects based on system dynamics. On the basis of the analysis of the factors influencing the value for money (VFM) evaluation and the prediction system of the rate of return on investment, a system dynamics method is used to establish a prediction model for investment income based on VFM quantitative evaluation. The software of Vensim PLE is used to simulate the newly built PPP wastewater treatment project. Results show that the selection of discount rate and PPP project's transaction cost have significant effect on the VFM and the present value and the rate of return on investment in the franchise period. This study can be used as a reference for the fair and equitable cooperation between the government and the private business.\",\"PeriodicalId\":55889,\"journal\":{\"name\":\"International Journal of Technology, Policy and Management\",\"volume\":\" \",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-09-18\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Technology, Policy and Management\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1504/ijtpm.2020.10032215\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q4\",\"JCRName\":\"Business, Management and Accounting\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Technology, Policy and Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1504/ijtpm.2020.10032215","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
Study on investment return system of PPP wastewater treatment projects based on system dynamics
This paper aims to study on investment return system of public-private partnership (PPP) wastewater treatment projects based on system dynamics. On the basis of the analysis of the factors influencing the value for money (VFM) evaluation and the prediction system of the rate of return on investment, a system dynamics method is used to establish a prediction model for investment income based on VFM quantitative evaluation. The software of Vensim PLE is used to simulate the newly built PPP wastewater treatment project. Results show that the selection of discount rate and PPP project's transaction cost have significant effect on the VFM and the present value and the rate of return on investment in the franchise period. This study can be used as a reference for the fair and equitable cooperation between the government and the private business.
期刊介绍:
IJTPM is a refereed international journal that provides a professional and scholarly forum in the emerging field of decision making and problem solving in the integrated area of technology policy and management at the operational, organisational and public policy levels.