广西高速公路融资问题分析及策略研究

发布时间：2018-06-20 00:57

本文选题：高速公路 + 融资问题　；参考：《长安大学》2012年硕士论文

【摘要】：我国高速公路经过20多年的发展，已成为发展地方经济、提高居民生活水平的重要工具。但在新环境下，高速公路融资主体面临着日益严峻的资金需求压力，作为西部地区的广西也不例外。如何拓宽融资渠道、改善融资结构和提高融资效率成为广西高速公路融资的重要研究方向。本文通过理论和实践相结合的研究方法，较全面的分析了目前高速公路融资存在的问题，并提出了相应的融资改革措施。具体为：理论方面，本文在系统梳理国内外高速公路建设融资研究成果的基础上，总结了与高速公路融资相关的理论，如政治经济学融资理论、西方经济学融资理论、资本结构理论及项目融资理论等，结合高速公路的实际情况来讨论各种理论在高速公路融资方面的适用性。实践方面，本文对高速公路建设融资的现状进行了分析，得出在融资渠道结构、自身融资条件、融资方式、融资体制及融资法律等方面存在的问题，，提出了如加大政府投入力度，完善法律环境、盘活存量资产、利用保险资金、地区融资差异化等高速公路融资改革措施。进而立足广西高速公路融资现状问题，分析得出广西高速公路严重依赖债务性融资。在未来广西高速公路融资主体还本付息压力巨增、资产抵押比例过高等情形影响下，广西高速公路融资改革迫在眉睫，本文为广西高速公路建设如何吸引更多高速公路投资主体，如何拓宽融资渠道提出了相应的政策建议，具体为建议广西区交通管理部门和各融资主体应积极争取国家财政投入，充分发挥五洲交通等上市公司的再融资能力，逐步发展并完善保险资金投资公路建设融资模式等。本论文从理论和实践两方面对高速公路建设融资问题进行了研究，意义在于通过解决广西高速公路融资瓶颈，以点带面为我国西部地区解决高速公路融资问题提供借鉴，为政府部门和高速公路建设单位在高速公路融资决策中提供相应的理论和实践依据，提高各融资主体在高速公路融资决策和实施过程中的科学性和效益性，推动我国高速公路建设的又快又好发展。
[Abstract]:After more than 20 years of development, expressway in China has become an important tool for developing local economy and improving the living standard of residents. But under the new environment, the main body of highway financing is facing the increasingly severe pressure of capital demand. As the Guangxi in the western region, it is no exception. How to broaden the financing channels, improve the financing structure and improve the financing efficiency. Rate has become an important research direction of Guangxi Expressway Financing.
Through the combination of theory and practice, this paper makes a comprehensive analysis of the existing problems of the present highway financing, and puts forward the corresponding measures for financing reform. In theory, this paper summarizes the related theory of highway financing on the basis of systematic combing the research results of highway construction financing at home and abroad. On the basis of the financial theory of political economics, the financing theory of western economics, the theory of capital structure and the theory of project financing, this paper discusses the applicability of various theories in the financing of freeway in the light of the actual conditions of the expressway. In practice, this paper analyzes the present situation of the financing of the expressway construction, and draws the structure of the financing channel. The existing problems in financing conditions, financing methods, financing system and financing laws, such as increasing government investment, improving the legal environment, invigorated stock assets, using insurance funds, regional financing differentiation and other highway financing reform measures.
Then based on the financing status of Guangxi expressway, it is concluded that the Guangxi Expressway relies heavily on debt financing. In the future, under the influence of the huge increase in the repayment pressure of the main body of financing and the high proportion of asset mortgage, the financial reform of the Guangxi expressway is imminent in the future of Guangxi expressway. This article is how to absorb the construction of the Guangxi expressway. It is suggested that the Guangxi district traffic management department and the financing bodies should actively strive for the national financial input, give full play to the refinancing ability of the listed companies such as five continents, and gradually develop and improve the financing investment highway construction financing. Mode and so on.
This paper studies the financing problem of expressway construction from two aspects of theory and practice. The significance lies in solving the financing bottleneck of Guangxi expressway, providing reference for solving the problem of Expressway Financing in the western region of China, providing a phase for government departments and expressway construction units in the decision-making of Expressway Financing. The theoretical and practical basis should be used to improve the scientificity and efficiency of the financing bodies in the decision-making and implementation of the highway financing, and to promote the rapid and good development of the highway construction in China.
【学位授予单位】：长安大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F542.8

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