Abstract: The establishment of local government financing platform played an important role on breaking through the shortage of funds, and promoting local economic prosperity and development However, the risks of financing platform were increasing prominent To solve the problem, this paper applied matterelement extension theory and the entropy weight method, analyzed the risks of financing platform of the local governments The results showed that local government financing platform debt risk was controllable on the whole, with the development of economy Finally, this paper provided the suggestions to local governments, commercial banks and local government financing platforms to control the risk of platforms.

Key words: local government financing platform , debt risk , entropy-weight , matter-element extension model

摘要： 地方政府融资平台的建立为突破地方经济资金短缺，推动中国地方经济的繁荣和发展发挥了重要的作用，但地方政府投融资平台的债务风险也日益凸显。本文首次运用熵权法和物元可拓理论，对中国地方政府融资平台的债务风险进行分析。研究结果表明，在中国经济快速发展的大背景下，地方政府融资平台债务风险整体上是可控的，但还是应从地方政府、商业银行和地方政府融资平台三个主体角度来控制地方政府融资平台风险。

关键词: 地方政府融资平台 , 债务风险 , 熵权 , 物元可拓模型