【作者】 顾承东；

【导师】 林知炎； 刘武君；

【作者基本信息】 同济大学 ， 建设工程管理， 2006， 博士

【摘要】 大型国际机场是航空运输网络的节点和基地，汇聚了大量的人流、物流、资金流和信息流。随着民航运输业的迅速发展，机场地区已经形成了以机场主业为核心的产业结构。特别是大型国际机场，是地区经济发展的基础和龙头，已成为所在城市和地区，乃至国家发展的重大战略。如何采用有效的模式，多方筹集资会，推动机场持续、健康发展，就成为需要研究的重要课题。 从国内外经验来看，民营化已经成为机场发展的主要趋势，即通过转移机场的经营权或所有权，实现私营部门参与机场经营管理，以及国资的退出。同时，民营化也减轻了政府的财政负担，提高了机场的经营效率和效益。 论文在对国内外机场融资模式进行总结和分析的基础上，提出了大型国际机场多元化融资模式，并通过“机场设施的分类—融资模式的分类—多元化融资模式的设计和实现—多元化融资模式的市场化运作”的研究逻辑展开整篇论文。 论文首先对机场的公共产品属性、自然垄断属性和基础产业属性进行研究，根据设施的可经营性和可拆分性，将机场设施分为：Ⅰ类设施、Ⅱ类设施、Ⅲ类设施、Ⅳ类设施等4种类型。在民营化所推动的公私合作(PPP)模式基础上，根据机场经营权、所有权的转移与否，将融资模式分为12类。然后，借鉴国内外大型机场的经验，综合考虑相关因素，将不可经营的与可经营的、不可拆分的与可拆分的设施进行组合，并将设施组合与融资模式进行匹配，形成机场多元化融资模式。论文同时对几类典型的设施组合融资进行了深入分析和讨论。在多元化融资的基础上，最终形成机场多元化的投资主体结构和投资分工结构。最后，论文提出多元化融资模式的市场化运作机制，即利用市场化招标选择投资者、形成中标价格。通过建立中标价格形成模型，从理论上分析了中标价格形成的机理，并用实例加以分析。中标价格是在一系列机制的作用下形成的，是各种因素的综合反映。市场化的运作，也使风险在公私之间得以有效分配。更多还原

【Abstract】 Large international airport is the node and base of the aviation transportation network, concentrating a great deal of people stream, material stream, capital stream and information stream. The airport is becoming an important power of the reginal economy, so how to raise money for airport development is the key problem to study.Privatization is the leading direction of airport development. Efficiency and benefit of airport management can be achieved by transferring airport ownership and operation right.The paper put forward a diversified financing model(DFM) of large international airport, on the base of summing-up and analysis of overseas and domestic airport financing model. Firstly, public goods attribute, natural monopoly attribute, base industry attribute of airport is analyzed. By the operationable and partitionable, the airport projects are classified into 4 types: I type project、 II type project、 III type project、 IV type project. By ownership and operation right transferring or not, financing models are classified into 12 types. Then by combination of non-operational and operational project, non-partitionable and partitionable projects, the financing models are matched to the project combination and the diversified financing model comes into being. The financing models of some typical project combination are discussed. And the diversified financing forms the diversified investment body and investment work-division framework. Finaly, marketization operating mechanism of DFM is put forward, namely selecting investor and forming winning bid by advertised bidding on market. Winning bid forming model(WBFM) is advanced and it explains the mechanism of winning bid forming in theory. The Winning bid is formed under a series of mechanism, and it is the compositive reflection of various of factors. Marketization operation makes risk allocate between the public and the private effectively.更多还原