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Trade-Offs in Competitive Transport Operations

handle: 10419/257105
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.
- University of Kotli, Azad Jammu and Kashmir Pakistan
- North-West University South Africa
- University of Debrecen Hungary
- Yanshan University China (People's Republic of)
- University of Debrecen, Faculty of Economics and Business Hungary
competitiveness, ddc:330, sustainability, trade-offs, Economics as a science, HB71-74, transport operations
competitiveness, ddc:330, sustainability, trade-offs, Economics as a science, HB71-74, transport operations
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