Table Of ContentMARKET
DEVELOPMENT
AND POLICY
FOR ONE BELT
ONE ROAD
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MARKET
DEVELOPMENT
AND POLICY
FOR ONE BELT
ONE ROAD
Series Volume Editor
ACHIM I. CZERNY
AssociateProfessor,DepartmentofLogisticsandMaritime
Studies(LMS), Faculty of Business,The Hong Kong
Polytechnic University, Hong Kong, China
XIAOWEN FU
Professor,Department of Industrial and Systems
Engineering, The Hong Kong Polytechnic University,
Hong Kong,China
PAUL TAE-WOO LEE
Professorand Director, Maritime Logistics and Free
Trade Islands Research Center,OceanCollege,
ZhejiangUniversity, Zhoushan, Zhejiang, China
Elsevier
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Contents
Contributors ix
1. An introductory overview ofthe Belt andRoad Initiative
studies 1
AchimI.Czerny,XiaowenFu,andPaulTae-WooLee
2. China'sBelt and Road Initiative: Quantifying the causal
relationshipbetween maritime connectivity and
global trade 9
TszLeungYip,EveManHinChan,andDannyChiKuenHo
1. TheBeltandRoadInitiative'sroleinimprovingtransport
connectivityandtrade 9
2. Literaturereview 11
3. ExtendedgravitymodelforB&Rcountries’exports 13
4. Dataanalysisandresults 16
5. Discussionandpolicyimplications 18
6. Conclusionsformarketdevelopment 23
Acknowledgments 24
References 24
3. China'srecent railway developments and policyreforms 27
KunWang,WenyiXia,andAnmingZhang
1. Introduction 27
2. RecentrailwaydevelopmentsinChina 28
3. China'sHSRdevelopments 41
4. Conclusionsandfutureresearch 55
References 57
4. Effects ofthe “Belt and Road”initiative on the cruise
industry 59
Yui-yipLau,MeihuaXu,XiaodongSun,andAdolfK.Y.Ng
1. Introduction 59
2. OverviewofBRI 61
v
vi Contents
3. CruisepolicyinBRI 62
4. ExploringthecruisemarketalongBRI 66
5. IdentifyingandevaluatingthepossiblecruiseitineraryalongBRI 68
6. Conclusion 74
References 75
5. The investment efficiency of overseas ports:Three
macroscopic factors 77
DongYangandLuLi
1. Introduction 77
2. OverviewofChineseoverseasportinvestment 78
3. Threeportcasestudies 83
4. Conclusion 95
References 95
6. Impacts of air transport subsidies on landlocked developing
countries’connectivity under the “One Belt One Road”
initiative 99
KanWaiHongTsuiandHanjunWu
1. Introduction 99
2. TheOneBelt,OneRoadinitiative:Anoverview 100
3. Landlockeddevelopingcountriesanddefinitionsoflandlockedness 102
4. KeyproblemsandchallengesamongLLDCs 104
5. ObligationtosupportLLDCs’airconnectivity:Fivekeyreasons 106
6. Airtransportimprovesconnectivityanderadicateslandlockedness 109
7. Rationaleforsupportingtheessentialairservicesofinsmallcommunities
throughairtransportsubsidies 112
8. A“win-win”outcomeforLLDCsandpartnercountriesbenefitingfrom
improvedairconnectivityresultingfromairtransportsubsidies 115
9. Conclusion 118
Acknowledgments 119
References 119
7. Collusive pricing detection inocean container transport:
Acasestudy of Maritime SilkRoad 125
GangDong,JinLi,andPaulTae-WooLee
1. Introduction 125
2. Literaturereview 127
Contents vii
3. Collusiondetectionmodel 130
4. Analysisofthecollusivepricingsolutions 139
5. Casestudy 141
6. Discussionandpolicyimplications 145
7. Conclusion 145
AppendixA 146
AppendixB 148
Acknowledgments 151
References 151
8. An infrastructureinvestment game: Or, whythe belt
androadinitiative can represent an equilibrium
outcome 155
AchimI.CzernyandSe-IlMun
1. Introduction 155
2. Themodel 157
3. Investmentbehaviors 158
4. Oligopolyandimporttaxes 163
5. Conclusions 168
References 169
Furtherreading 169
9. High-speedrail and air transport integration in
hub-and-spoke networks:The role of airports 171
AlessandroAvenali,TizianaD’Alfonso,AlbertoNastasi,
andPierfrancescoReverberi
1. Introduction 171
2. Literaturereview 173
3. Incentivestointermodalcooperation 175
4. Themodel 180
5. Benchmarkcase:Noagreement 182
6. Air-railcooperation 183
7. Theroleofairports 189
8. Discussionandconcludingremarks 190
Appendix 193
References 193
viii Contents
10. OnimpactsofPakistanRailwaysMainLine1on“NorthChina-EU”
export transit—Taking export transit betweenBeijing
andUK as anexample 197
Ying-EnGe,MingfengMo,FangweiZhang,MuhammadArsalanKhalid,
MengmeiYu,GuankeLiu,andWenqianLu
1. Introduction 197
2. Researchtools 200
3. Probabilitydistributionmodelandparameteranalysisof
NorthChina-Europeexportchannel 201
4. Empiricalanalysisoftheprobabilitydistributionmodelof
theNorthChina-Europeexportchannel 204
5. Conclusionsandemergingdirections 217
Acknowledgments 219
References 219
Index 221
Contributors
AlessandroAvenali
DepartmentofComputer,Control,andManagementEngineeringAntonioRuberti,
SapienzaUniversityofRome,Rome,Italy
EveManHinChan
FacultyofDesignandEnvironment,TechnologicalandHigherEducationInstituteofHong
Kong,HongKong,China
AchimI.Czerny
DepartmentofLogisticsandMaritimeStudies(LMS),FacultyofBusiness,TheHongKong
PolytechnicUniversity,HongKong,China
TizianaD’Alfonso
DepartmentofComputer,Control,andManagementEngineeringAntonioRuberti,
SapienzaUniversityofRome,Rome,Italy
GangDong
SchoolofEconomicsandManagement,ShanghaiMaritimeUniversity,Shanghai,China
XiaowenFu
DepartmentofIndustrialandSystemsEngineering,TheHongKongPolytechnicUniversity,
HongKong,China
Ying-EnGe
CollegeofTransportationEngineering,Chang’anUniversity,Xi’an,China
DannyChiKuenHo
DepartmentofSupplyChainandInformationManagement,TheHangSengUniversityof
HongKong,HongKong,China
MuhammadArsalanKhalid
SchoolofBusiness,NationalUniversityofSingapore,Singapore
Yui-yipLau
DivisionofBusinessandHospitalityManagement,CollegeofProfessionalandContinuing
Education,TheHongKongPolytechnicUniversity,HongKong,China
PaulTae-WooLee
MaritimeLogisticsandFreeTradeIslandsResearchCenter,OceanCollege,Zhejiang
University,Zhoushan,Zhejiang,China
JinLi
SchoolofEconomicsandManagement,ShanghaiMaritimeUniversity,Shanghai,China
LuLi
DepartmentofLogisticsandMaritimeStudies(LMS),TheHongKongPolytechnicUni-
versity,HongKong,China
GuankeLiu
SchoolofBusiness,NationalUniversityofSingapore,Singapore
ix
