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Economic Reform and Transport Policy in China
The widespread transport deregulation in China and freely permitted tariff cutting by private individual operators is creating competitive markets in bus, truck and waterway transport. There are ceilings on fares and freight rates. Small state companies can cope with the competition because there is...
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Published in: | Journal of transport economics and policy 1993-01, Vol.27 (1), p.75-86 |
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container_title | Journal of transport economics and policy |
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creator | Taplin, John H. E. |
description | The widespread transport deregulation in China and freely permitted tariff cutting by private individual operators is creating competitive markets in bus, truck and waterway transport. There are ceilings on fares and freight rates. Small state companies can cope with the competition because there is enough business while capacity is limited. Officials believe that coordinating functions will preserve the central role of such companies, and some are already offering bus terminal facilities for other companies and private operators. The alternative is to adopt the form of the responsibility system whereby vehicles are effectively subleased to individuals. Railway capacity is insufficient, partly because of the excessive burden of coal and partly because of underpricing. The results are unsatisfied passenger demand and difficulty in booking space for general freight. |
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E.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Economic Reform and Transport Policy in China</atitle><jtitle>Journal of transport economics and policy</jtitle><date>1993-01-01</date><risdate>1993</risdate><volume>27</volume><issue>1</issue><spage>75</spage><epage>86</epage><pages>75-86</pages><issn>0022-5258</issn><eissn>1754-5951</eissn><coden>JTEPDU</coden><abstract>The widespread transport deregulation in China and freely permitted tariff cutting by private individual operators is creating competitive markets in bus, truck and waterway transport. There are ceilings on fares and freight rates. Small state companies can cope with the competition because there is enough business while capacity is limited. Officials believe that coordinating functions will preserve the central role of such companies, and some are already offering bus terminal facilities for other companies and private operators. The alternative is to adopt the form of the responsibility system whereby vehicles are effectively subleased to individuals. Railway capacity is insufficient, partly because of the excessive burden of coal and partly because of underpricing. The results are unsatisfied passenger demand and difficulty in booking space for general freight.</abstract><cop>London</cop><pub>London School of Economics and Political Science and the University of Bath</pub><tpages>12</tpages></addata></record> |
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ispartof | Journal of transport economics and policy, 1993-01, Vol.27 (1), p.75-86 |
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language | eng |
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source | Applied Social Sciences Index & Abstracts (ASSIA); International Bibliography of the Social Sciences (IBSS); JSTOR Archival Journals and Primary Sources Collection; PAIS Index |
subjects | Barges Buses Business structures China China (People's Republic) Coal Competition Deregulation Developments in Transport Policy Economic models Economic reform Fares Freight Freight transport Functions Intercity bus services Passenger service Passengers Rail freight Rail lines Regulation Rural areas Studies Transport policy Transportation Transportation economics Transportation sector Waterways |
title | Economic Reform and Transport Policy in China |
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