Evolution and assessment of economic regulatory policies for expressway infrastructure in China

Meng Xu, Susan Grant-Muller and Ziyou Gao

Transport Policy, 2015, vol. 41, issue C, 42-49

Abstract: The primary goal of this paper is to illustrate the development of economic regulatory policies in China that have been aimed at accelerating the process of expressway infrastructure construction. Although China's expressway infrastructure originates from June 1984, this relatively late initiation still clearly demonstrates the characteristics of rapid expansion, which forms an interesting context for an analysis of regulatory policies. Based on levels of economic development and geography, China can be divided into three macro regions, i.e. eastern, central and western regions. The rapid development of expressway infrastructure, the pattern of investment, the sources of financing and regional differences in investment in the three macro regions are described. Finally, an ex-post evaluation of the principles underpinning the evolution of regulatory policies for expressway infrastructure in China is carried out, based on a qualitative equity and economic efficiency framework.

Keywords: Economic regulation; Transport Infrastructure; Expressway; NTHS; China (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X1500044X
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:41:y:2015:i:c:p:42-49

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.tranpol.2015.03.007

Access Statistics for this article

Transport Policy is currently edited by Y. Hayashi

More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().