Title :
Critical influential factors for pricing in urban transportation infrastructure PPP project
Author :
Wang Wen-xiong ; Li Qi-ming ; Deng Xiao-peng ; Shen Liang-feng
Author_Institution :
Sch. of Econ. & Manage., Huazhong Agric. Univ., Wuhan
Abstract :
Based on relevant research on critical influential factors for pricing (CIFP) in urban transportation infrastructure projects (UTIP) product/servicepsilas under public-private partnership (PPP) scheme, a comprehensive theoretical model of UTIP product/service is proposed, which is tested for various types of such projects using structural equation model (SEM) with the data from questionnaire survey and statistical analysis. The results show that: there is clear difference in the loading of CIFP between light rail (subway) and tunnel (bridge) projects product/service. The three most important CIFP in light rail (subway) project are government factors, the public factors and private investor factors while for tunnel (bridge) project are government factor, private investor factors and project & market factors. And there is clear difference in the covariance and error of CIFP between light rail (subway) and tunnel (bridge) project product/service.
Keywords :
bridges (structures); construction industry; rails; statistical analysis; transportation; tunnels; bridge project; critical influential factors for pricing; government factors; light rail project; private investor factors; public factors; public-private partnership scheme; statistical analysis; structural equation model; subway project; tunnel project; urban transportation infrastructure projects; Bridges; Conference management; Engineering management; Equations; Government; Light rail systems; Numerical analysis; Pricing; Project management; Transportation; Urban transportation infrastructure project (UTIP); critical influential factors for pricing (CIFPs); public-private partnership (PPP); structural equation model (SEM);
Conference_Titel :
Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on
Conference_Location :
Long Beach, CA
Print_ISBN :
978-1-4244-2387-3
Electronic_ISBN :
978-1-4244-2388-0
DOI :
10.1109/ICMSE.2008.4669135