中国城市公用事业的民营化改革是当前中国的重要政策，PPP模式被广泛应用到中国的各类基础设施建设中。在实际的工作中政府却缺乏行之有效的关键绩效指标体系（Key Performance Indicators，KPI），不能够为项目的绩效考核提供可以依据的标准，最终致使项目的政府监管缺位，绩效无法跟踪，项目产出受到影响，社会公众的福利难以得到保障。文章针对此问题，在以往研究和问卷调查的基础上，运用结构方程模型对48个绩效指标进行进一步分析，为政府监管PPP项目识别出41个KPI，并分析了指标分组之间的关系，对中

The privatization of infrastructure is an important policy in China, in which PPPs have been applied in infrastructure development However, lack of effective key performance indicators (KPIs) has hindered PPPs from being applied in good health Aiming at helping public sectors in PPPs to improve the performance of PPP projects, the structural equation modeling (SEM) is utilized in this paper to simplify and analyze the total 48 performance indicators that were identified by prior researches by authors Furthermore, the relationships between different indicator groups were also explored Finally, 41 KPIs were identified by SEM, and the findings from relationship analysis can be used for future research to measure the performance of PPP projects, which will hopefully improve the performance of PPPs in China

国家自然科学基金项目（71001027）；江苏省高校哲学社会科学研究项目（2011SJD630003）；教育部人文社科基金项目（09YJCZH014）