Sustainable Mechanism of the Entrusted Transportation Management Mode on High-Speed Rail and the Impact of COVID-19: A Case Study of the Beijing–Shanghai High-Speed Rail

Chao Ji, Yanke Yao, Jianqiang Duan and Wenxing Li
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Chao Ji: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Yanke Yao: School of Traffic and Transportation, Beijing Jiaotong University, Beijing 100044, China
Jianqiang Duan: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China
Wenxing Li: School of Economics and Management, Beijing Jiaotong University, Beijing 100044, China

Sustainability, 2022, vol. 14, issue 3, 1-24

Abstract: The transport management mode fundamentally determines the sustainable development of high-speed rail passenger transport (HSRPT), which was shocked by the COVID-19 pandemic in 2020. In order to study the sustainable development mechanism of HSRPT and the impact of COVID-19, primarily based on the data from the Beijing–Shanghai high-speed rail (HSR) taken from 2018, we adopt system dynamics (SD) to provide a scenario simulation method to examination sustainable operation status of HSRPT under the entrusted transportation management mode (ETMM) by VENSIM, and take into account the following two evaluation indicators: economic and operational. The results show the following: (1) Transportation demand and commissioned transportation management fees play a vital role in the sustainable operation of the Beijing–Shanghai HSR, causing significant changes in transportation revenue and transportation costs. (2) COVID-19 had a great impact on the sustainable operation of the Beijing–Shanghai HSR. In 2020, the turnover and transportation profit of the Beijing–Shanghai HSR fell by 74.31% and 49.19%, respectively. In 2022, the transportation profit can be restored to the level of 2019. The study results reveal that Beijing–Shanghai HSR under the ETMM has a good sustainable development capability.

Keywords: high-speed rail passenger transport; sustainable operation; entrusted transportation management mode; COVID-19 impact; system dynamics (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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