A Sustainable Transport Competitiveness Analysis of the China Railway Express in the Context of the Belt and Road Initiative

Shiqi Li, Maoxiang Lang, Xueqiao Yu, Mingyue Zhang, Minghe Jiang, Sangbing Tsai, Cheng-Kuang Wang and Fang Bian
Additional contact information
Shiqi Li: School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China
Maoxiang Lang: School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China
Xueqiao Yu: School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China
Mingyue Zhang: School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China
Minghe Jiang: Changchun No. 8 High school, Changchun 13000, China
Sangbing Tsai: Zhongshan Institute, University of Electronic Science and Technology, Zhongshan 528400, China
Cheng-Kuang Wang: Zhongshan Institute, University of Electronic Science and Technology, Zhongshan 528400, China
Fang Bian: Zhongshan Institute, University of Electronic Science and Technology, Zhongshan 528400, China

Sustainability, 2019, vol. 11, issue 10, 1-30

Abstract: The implementation of China’s Belt and Road Initiative macro strategy has promoted exchanges and cooperation between China and Europe and countries along the route. The operation of the China Railway Express provides a new transportation platform for China–Europe trade. The sustainable development of the China Railway Express has a great significance in terms of promoting the growth of China–Europe trade and meeting the demand for freight in Asia and Europe. Its time-saving advantage over shipping and its economic advantage over air transport cannot be ignored. This paper is based on the discrete selection model of stochastic utility theory. The paper constructs a multi-logit model based on generalized cost functions, including economics, timeliness, reliability, convenience, safety, and environmental protection. To calculate the market share of the China Railway Express and China–Europe Shipping, the paper conducts a quantitative analysis of the market competitiveness of the China Railway Express. Then, the sensitivity analysis and elastic analysis are carried out on the China Railway Express freight rate, the Chinese road freight rate, the China Railway Express service fee, the China Railway Express travelling speed, the China Railway Express sending operation time at the departure station, the China Railway Express transportation time error, the China Railway Express transportation frequency, and the China Railway Express carbon emissions per unit. Finally, based on the analysis results, suggestions for promoting the sustainable development of the China Railway Express are given.

Keywords: China Railway Express; competitiveness analysis; multiple Logit models; generalized costs; sustainability; sustainable transport (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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