Study On Income Approach And Related Parameters Of Toll Way Valuation

Along with our country road enterprise's fast development, highway construction funds shortages have become increasingly prominent, a number of highway construction financing measures such as toll way rights of management transfer arise at the highway construction practice. An essential aspect of toll way rights transfer is assess the asset value of toll way, but at the present, When road property right change its transaction's measure of value still lacked the regulated standard, To identical project, because the appraisal method or the parameter selection different will obtain differently even differ the big appraisal result, which make it difficult to manage state-owned assets. Therefore, conduct the research to the toll way property value's appraisal method and the related parameter, the determination related parameter's selection principle and the method have become the topic which urgently awaits to study.This article takes Marxism political economy, Western economics, financial management science, asset valuation study, technical economics as research foundation, unifies our country toll way right of management transfer actual situation, analyze use income approach to evaluate toll way asset value of the theoretical foundation and set up the basic computation model, determine the relevant parameters, analyze the factors that affect the parameters, study on prediction method of each parameter, and how does the parameter variation affect the evaluation result. Combined the characteristics of the object and highway operation rights transfer market, Analyze the limitations of income approach evaluate the value of toll way. At last, use income approach and the method of parameter determination to analyze the toll way rights transfer case. This article research is helpful in deepening our country toll way evaluation theory, provide refers to organization reasonable evaluate toll way property, at the same time, provide the policy suggestion to complete our country toll way related laws and regulations.