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Article: The funding of hierarchical railway development in China
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TitleThe funding of hierarchical railway development in China
 
AuthorsWang, JJ1
Rong, C2
Xu, J3
Or, SWO1
 
KeywordsChina
High-Speed Railways
Railway Financing
Railway Governance
 
Issue Date2012
 
PublisherJ A I Press Inc. The Journal's web site is located at http://www.elsevier.com/wps/find/bookdescription.cws_home/BS_RTE/description#description
 
CitationResearch In Transportation Economics, 2012, v. 35 n. 1, p. 26-33 [How to Cite?]
DOI: http://dx.doi.org/10.1016/j.retrec.2011.11.004
 
AbstractTransport networks are hierarchal in essence. In this paper, we explore the relationship between the financing structure and the hierarchal evolution of railway network development, using the case of China. Although privatization and corporatization in transport provision have been trends in some parts of the world, the national government is still the main body responsible for railway development in many countries. Among these countries, China and India are the only two that include the Ministry of Railways (MOR). In India, the entire country's railways are clearly defined as public services provided and managed by the MOR. In China, railways have been corporatized; yet, the MOR and the National Railway Corporation are still widely regarded as a single body that has monopolistic power over almost all railway systems at the national and regional levels in both infrastructure development and operation.We argue that when multi-level railway networks are evolved from a single-level (national) network due to market growth in countries such as China, where different levels of government are responsible for infrastructure planning and development, the state's monopolistic control of operation and its corresponding financing structure may not fit the operation of new multi-level networks. However, the suitable institutional set-up for the new networks may be delayed or never established for many reasons, some of which, as demonstrated in this paper, are place-specific and path-dependent. The case study of Chinese railway systems in comparison with the situations of other Asian countries (i.e. India and Japan) will shed some light on a better understanding of various financing models and development paths of multi-level transport. © 2011 Elsevier Ltd.
 
ISSN0739-8859
2013 SCImago Journal Rankings: 1.130
 
DOIhttp://dx.doi.org/10.1016/j.retrec.2011.11.004
 
ReferencesReferences in Scopus
 
DC FieldValue
dc.contributor.authorWang, JJ
 
dc.contributor.authorRong, C
 
dc.contributor.authorXu, J
 
dc.contributor.authorOr, SWO
 
dc.date.accessioned2012-08-08T08:56:26Z
 
dc.date.available2012-08-08T08:56:26Z
 
dc.date.issued2012
 
dc.description.abstractTransport networks are hierarchal in essence. In this paper, we explore the relationship between the financing structure and the hierarchal evolution of railway network development, using the case of China. Although privatization and corporatization in transport provision have been trends in some parts of the world, the national government is still the main body responsible for railway development in many countries. Among these countries, China and India are the only two that include the Ministry of Railways (MOR). In India, the entire country's railways are clearly defined as public services provided and managed by the MOR. In China, railways have been corporatized; yet, the MOR and the National Railway Corporation are still widely regarded as a single body that has monopolistic power over almost all railway systems at the national and regional levels in both infrastructure development and operation.We argue that when multi-level railway networks are evolved from a single-level (national) network due to market growth in countries such as China, where different levels of government are responsible for infrastructure planning and development, the state's monopolistic control of operation and its corresponding financing structure may not fit the operation of new multi-level networks. However, the suitable institutional set-up for the new networks may be delayed or never established for many reasons, some of which, as demonstrated in this paper, are place-specific and path-dependent. The case study of Chinese railway systems in comparison with the situations of other Asian countries (i.e. India and Japan) will shed some light on a better understanding of various financing models and development paths of multi-level transport. © 2011 Elsevier Ltd.
 
dc.description.natureLink_to_subscribed_fulltext
 
dc.identifier.citationResearch In Transportation Economics, 2012, v. 35 n. 1, p. 26-33 [How to Cite?]
DOI: http://dx.doi.org/10.1016/j.retrec.2011.11.004
 
dc.identifier.doihttp://dx.doi.org/10.1016/j.retrec.2011.11.004
 
dc.identifier.eissn1875-7979
 
dc.identifier.epage33
 
dc.identifier.issn0739-8859
2013 SCImago Journal Rankings: 1.130
 
dc.identifier.issue1
 
dc.identifier.scopuseid_2-s2.0-84862824240
 
dc.identifier.spage26
 
dc.identifier.urihttp://hdl.handle.net/10722/157942
 
dc.identifier.volume35
 
dc.languageeng
 
dc.publisherJ A I Press Inc. The Journal's web site is located at http://www.elsevier.com/wps/find/bookdescription.cws_home/BS_RTE/description#description
 
dc.publisher.placeUnited States
 
dc.relation.ispartofResearch in Transportation Economics
 
dc.relation.referencesReferences in Scopus
 
dc.subjectChina
 
dc.subjectHigh-Speed Railways
 
dc.subjectRailway Financing
 
dc.subjectRailway Governance
 
dc.titleThe funding of hierarchical railway development in China
 
dc.typeArticle
 
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<contributor.author>Xu, J</contributor.author>
<contributor.author>Or, SWO</contributor.author>
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<description.abstract>Transport networks are hierarchal in essence. In this paper, we explore the relationship between the financing structure and the hierarchal evolution of railway network development, using the case of China. Although privatization and corporatization in transport provision have been trends in some parts of the world, the national government is still the main body responsible for railway development in many countries. Among these countries, China and India are the only two that include the Ministry of Railways (MOR). In India, the entire country&apos;s railways are clearly defined as public services provided and managed by the MOR. In China, railways have been corporatized; yet, the MOR and the National Railway Corporation are still widely regarded as a single body that has monopolistic power over almost all railway systems at the national and regional levels in both infrastructure development and operation.We argue that when multi-level railway networks are evolved from a single-level (national) network due to market growth in countries such as China, where different levels of government are responsible for infrastructure planning and development, the state&apos;s monopolistic control of operation and its corresponding financing structure may not fit the operation of new multi-level networks. However, the suitable institutional set-up for the new networks may be delayed or never established for many reasons, some of which, as demonstrated in this paper, are place-specific and path-dependent. The case study of Chinese railway systems in comparison with the situations of other Asian countries (i.e. India and Japan) will shed some light on a better understanding of various financing models and development paths of multi-level transport. &#169; 2011 Elsevier Ltd.</description.abstract>
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Author Affiliations
  1. The University of Hong Kong
  2. Beijing Jiaotong Daxue
  3. Chinese University of Hong Kong