Ye, S and Tiong, R L K (2003) Effects of tariff design in risk management of privately financed infrastructure projects. Journal of Construction Engineering and Management, 129(6), pp. 610-618. ISSN 0733-9364
Abstract
The design of tariff is a key issue in the development of privately financed infrastructure projects. It involves the determination of tariff magnitude, the choice of tariff structure, and the design of adjustment mechanisms. Tariff structures can be an all-in tariff or a compound tariff. Tariff adjustment mechanisms can be used to address different risk factors such as inflation, exchange rate, demand, and fuel prices. An appropriate combination of tariff structure and adjustment mechanism can be effective to manage key risks of privately financed infrastructure projects. Simulation results show that a well-designed tariff can create a "win-win" solution for both project promoter and the host government.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | import and export; infrastructures; private sectors; risk management |
| Index terms: | promoter, inflation, private sector, import, infrastructure project, risk management, risk factor, export |
| Subjects: | economic analysis, risk assessment, industry analysis, infrastructure and transport systems, environmental hazards, sociology |
| Topics: | Engineering Principles, Business Strategy, Sustainability, Risk Management, Stakeholder Management |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here