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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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Chao Ji & Yanke Yao & Jianqiang Duan & Wenxing Li, 2022. "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," Sustainability, MDPI, vol. 14(3), pages 1-24, January.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:3:p:1171-:d:729565
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    References listed on IDEAS

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    1. Panrawee Rungskunroch & Yuwen Yang & Sakdirat Kaewunruen, 2020. "Does High-Speed Rail Influence Urban Dynamics and Land Pricing?," Sustainability, MDPI, vol. 12(7), pages 1-18, April.
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    Cited by:

    1. Bugalia, Nikhil & Maemura, Yu & Dasari, Rohit & Patidar, Manoj, 2023. "A system dynamics model for effective management strategies of High-Speed Railway (HSR) projects involving private sector participation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 175(C).

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