Trade-Offs in Competitive Transport Operations
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 tran...
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MDPI AG
2020-07-01
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Series: | Economies |
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Online Access: | https://www.mdpi.com/2227-7099/8/3/56 |
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author | Usman Akbar Akash Kumar Hameed Khan Muhammad Asif Khan Khansa Parvaiz Judit Oláh |
author_facet | Usman Akbar Akash Kumar Hameed Khan Muhammad Asif Khan Khansa Parvaiz Judit Oláh |
author_sort | Usman Akbar |
collection | DOAJ |
description | 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. |
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id | doaj.art-290dc86f3c4a49ca8c43deb5871b7cb1 |
institution | Directory Open Access Journal |
issn | 2227-7099 |
language | English |
last_indexed | 2024-03-10T18:42:16Z |
publishDate | 2020-07-01 |
publisher | MDPI AG |
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series | Economies |
spelling | doaj.art-290dc86f3c4a49ca8c43deb5871b7cb12023-11-20T05:46:37ZengMDPI AGEconomies2227-70992020-07-01835610.3390/economies8030056Trade-Offs in Competitive Transport OperationsUsman Akbar0Akash Kumar1Hameed Khan2Muhammad Asif Khan3Khansa Parvaiz4Judit Oláh5School of Economics and Management, Yanshan University, Qinhuangdao 066004, ChinaDepartment of Public Administration, Yanshan University, Qinhuangdao 066004, ChinaSchool of Economics, Jilin University, Changchun, Jilin 130012, ChinaFaculty of Management Sciences, University of Kotli, Azad Jammu and Kashmir, Kotli 11100, PakistanSchool of Economics and Management, Yanshan University, Qinhuangdao 066004, ChinaFaculty of Economics and Business, University of Debrecen, 4032 Debrecen, HungaryOne 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.https://www.mdpi.com/2227-7099/8/3/56trade-offstransport operationscompetitivenesssustainability |
spellingShingle | Usman Akbar Akash Kumar Hameed Khan Muhammad Asif Khan Khansa Parvaiz Judit Oláh Trade-Offs in Competitive Transport Operations Economies trade-offs transport operations competitiveness sustainability |
title | Trade-Offs in Competitive Transport Operations |
title_full | Trade-Offs in Competitive Transport Operations |
title_fullStr | Trade-Offs in Competitive Transport Operations |
title_full_unstemmed | Trade-Offs in Competitive Transport Operations |
title_short | Trade-Offs in Competitive Transport Operations |
title_sort | trade offs in competitive transport operations |
topic | trade-offs transport operations competitiveness sustainability |
url | https://www.mdpi.com/2227-7099/8/3/56 |
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