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The funding of hierarchical railway development in China

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  • Wang, James J.
  • Rong, Chaohe
  • Xu, Jiang
  • Or, Sui Wai Oscar

Abstract

Transport networks are hierarchal in essence. In this paper, we explore the relationship between the financing structure and the hierarchal evolution of railway network development, using the case of China. Although privatization and corporatization in transport provision have been trends in some parts of the world, the national government is still the main body responsible for railway development in many countries. Among these countries, China and India are the only two that include the Ministry of Railways (MOR). In India, the entire country's railways are clearly defined as public services provided and managed by the MOR. In China, railways have been corporatized; yet, the MOR and the National Railway Corporation are still widely regarded as a single body that has monopolistic power over almost all railway systems at the national and regional levels in both infrastructure development and operation.

Suggested Citation

  • Wang, James J. & Rong, Chaohe & Xu, Jiang & Or, Sui Wai Oscar, 2012. "The funding of hierarchical railway development in China," Research in Transportation Economics, Elsevier, vol. 35(1), pages 26-33.
    • Handle: RePEc:eee:retrec:v:35:y:2012:i:1:p:26-33
    DOI: 10.1016/j.retrec.2011.11.004
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    References listed on IDEAS

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    1. Jiang Xu & Anthony G.O. Yeh, 2005. "City Repositioning and Competitiveness Building in Regional Development: New Development Strategies in Guangzhou, China," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 29(2), pages 283-308, June.
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    2. Wang, Lei & Yuan, Feng & Duan, Xuejun, 2018. "How high-speed rail service development influenced commercial land market dynamics: A case study of Jiangsu province, China," Journal of Transport Geography, Elsevier, vol. 72(C), pages 248-257.
    3. Wang, Lei, 2018. "High-speed rail services development and regional accessibility restructuring in megaregions: A case of the Yangtze River Delta, China," Transport Policy, Elsevier, vol. 72(C), pages 34-44.
    4. Li, Guicai & Luan, Xiaofan & Yang, Jiawen & Lin, Xiongbin, 2013. "Value capture beyond municipalities: transit-oriented development and inter-city passenger rail investment in China’s Pearl River Delta," Journal of Transport Geography, Elsevier, vol. 33(C), pages 268-277.
    5. Lo, Kevin, 2014. "A critical review of China's rapidly developing renewable energy and energy efficiency policies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 29(C), pages 508-516.
    6. Yu Qin, 2016. "China's Transport Infrastructure Investment: Past, Present, and Future," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(2), pages 199-217, July.
    7. Mu, Rui & de Jong, Martin & Ma, Yongchi & Xi, Bao, 2015. "Trading off public values in High-Speed Rail development in China," Journal of Transport Geography, Elsevier, vol. 43(C), pages 66-77.
    8. Weichen Liu & Jiaying Guo & Wei Wu & Youhui Cao, 2022. "The evolution of regional spatial structure influenced by passenger rail service: A case study of the Yangtze River Delta," Growth and Change, Wiley Blackwell, vol. 53(2), pages 651-679, June.

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