Empirical Study of Risk Assessment and Allocation of Public-Private Partnership Projects in China

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Cross-country comparisons of key drivers, critical success factors and risk allocation for public-private partnership projects (2015, background): “Several studies (e.g., Ke et al. (2010); Hwang et al. (2013); Chan et al. (2011)) have used MVA to solve statistical problems.”
Critical review on PPP research : a search from the Chinese and international journals (2016, methodology): “However, when comparing with the developed countries, the PPP approach is still considered immature in China, even PPP concept has been adopted for more than 30 years since the first BOT project (Chan et al., 2011).”
Conceptual Framework for the Performance Measurement of Public-Private Partnerships (2015, background): “…insights into PPP risk identification and allocation (e.g., Charoenpornpattana and Minato 1999; Wang et al. 2000a, b; Grimsey and Lewis 2002; Thomas et al. 2003; Li et al. 2005b; Xenidis and Angelides 2005a, b; Nisar 2007; Sachs et al. 2007; Jin 2010, 2011; Xu et al. 2010; Chan et al. 2011).”
Risk identification for PPP waste-to-energy incineration projects in China (2013, background): “So, many risks occurred, such as the poor decision making (Li et al., 2005), contract change (Shen et al., 2006) and public opposition (Chan et al., 2011).”
Critical success criteria for public-private partnership projects: international experts’ opinion (2017, background): “It encompasses the identification, assessment, allocation and treatments of risks (Chan et al. 2011).”