城市基础设施中政府规制行为研究——以浮动投资回报率担保为视角

浮动投资回报率担保是PPP（Public-Private Partnerships）模式下较为吸引投资的政府担保行为,有利于提高私人机构投资者在城市基础设施项目的建设、管理和运营方面的积极性。以浮动投资回报率下政府担保为立足点,剖析我国浮动投资回报率担保现状,建立浮动投资回报担保模型,探求政府实现私人机构规制的实现途径,即私人机构对城市基础设施的投资回报未达到浮动投资回报区间的,政府进行财政补贴;投资回报达到浮动投资回报担保上限的,政府征收超过上限的超额收益。

An Analysis of Government Regulation on Urban Infrastructure Based on Floating ROI Guarantee

The guarantee of floating ROi has been a government guarantee behaviout to attract more investment under the PPP model. It would provoke the enthusiasm of the private institutional investors in the construction, management and operations of infrastructure projects. This article analyzes the current situation of the guarantee of floating ROI in China, constructing floating ROI guarantee model and exploring ways to achieve government regulation of private institutions based on the government guarantee of floating ROI. That is to say, if the return of private institutional investment does not reach the floating ROL range, the government will provide the subsidy, And if it exceeds the range, the government will levy the excess returns.