EconPapers    
Economics at your fingertips  
 

Restructuring the Chinese Freight Railway: Two Scenarios

Shana Cui, Russell Pittman () and Jian Zhao

MPRA Paper from University Library of Munich, Germany

Abstract: Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the “European” model of rail restructuring – have broadened into a lively policy and scholarly debate that includes as an alternative the division of the system into competing vertically integrated railways – the “Americas” model of restructuring. To date, however, there have been no tangible reform steps beyond organizational restructuring, the construction of new coal railroads, some with private-sector participation, and the introduction of scheduled service, especially for containers, between China and Europe. In this paper we argue in favor of the Americas model as a basis for restructuring and offer two alternative scenarios for the creation of multiple vertically integrated freight railways. Both plans enable competition between independent firms and routes for import/export traffic, one a southern, One Belt/One Road path, the other a northern path via the Trans-Siberian Railway.

Keywords: Freight railway; restructuring; competition; vertical separation; horizontal separation; China (search for similar items in EconPapers)
JEL-codes: L14 L33 L43 L92 O18 R42 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cna, nep-com, nep-tra, nep-tre and nep-ure
Date: 2018-06-25
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/88407/1/MPRA_paper_88407.pdf original version (application/pdf)

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:pra:mprapa:88407

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2019-07-22
Handle: RePEc:pra:mprapa:88407