Trade-Offs in Competitive Transport Operations

Usman Akbar, Akash Kumar, Hameed Khan, Muhammad Asif Khan, Khansa Parvaiz and Judit Oláh
Additional contact information
Usman Akbar: School of Economics and Management, Yanshan University, Qinhuangdao 066004, China
Akash Kumar: Department of Public Administration, Yanshan University, Qinhuangdao 066004, China
Hameed Khan: School of Economics, Jilin University, Changchun, Jilin 130012, China
Muhammad Asif Khan: Faculty of Management Sciences, University of Kotli, Azad Jammu and Kashmir, Kotli 11100, Pakistan
Khansa Parvaiz: School of Economics and Management, Yanshan University, Qinhuangdao 066004, China
Judit Oláh: Faculty of Economics and Business, University of Debrecen, 4032 Debrecen, Hungary

Economies, 2020, vol. 8, issue 3, 1-19

Abstract: One of the goals of developing a transport corridor is to promote socio-economic development by improving connectivity and sustainable transport operations, which largely depends on the operational strategy. Trade-off policies can be important tools for gaining the competitive advantage of road transport corridors, and thus, help facilitate sustainable growth and welfare. This article uses a case-based approach to observe the trade-offs in the first phase of transport infrastructure development, and then, in the second stage, further explores the trade-off variables in the transport operations strategy under the China-Pakistan Economic Corridor (CPEC). The results from the three cases of the parallel route system of the CPEC indicate that trade-off is an easily understandable and applicable method, which can foresee the operational gains or compromises for significant welfare of the regions. The implications of the trade-off are two fold, first is the “importance” of the trade-off, which is related to its impact on operational competitiveness. The other is the “sensitivity” of the trade-off, in terms of the change that will be caused to one variable when changing the other. The trade-off concept can be used for several landlocked transport corridors to achieve a competitive edge in transit trade.

Keywords: trade-offs; transport operations; competitiveness; sustainability (search for similar items in EconPapers)
JEL-codes: E F I J O Q (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2227-7099/8/3/56/pdf (application/pdf)
https://www.mdpi.com/2227-7099/8/3/56/ (text/html)

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:gam:jecomi:v:8:y:2020:i:3:p:56-:d:379993

Access Statistics for this article

Economies is currently edited by Ms. Hongyan Zhang

More articles in Economies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().