Introducing public–private partnerships for metropolitan subways in China: what is the evidence?

Rapidly growing motorisation has led to high levels of traffic congestion and emissions and has encouraged large Chinese metropolitan areas to invest in subway developments. The financial burden of these projects, however, far exceeds the availability of available public funds. As a consequence, the Chinese government has started to allow local governments with public–private partnerships (PPP) and private finance to supplement the funding deficit. Analysts often claim that countries have to fulfil certain institutional and other pre-conditions before they can make effective use of PPP. In this article, China’s record in meeting those requirements is examined and conclusions are drawn as to where the remaining weaknesses lie. Seven recent PPP projects for subways in five large metropolitan areas in China (Shanghai, Beijing, Shenzhen, Chongqing and Harbin) are investigated empirically. Conclusions are drawn concerning China’s current status regarding the use of PPP, the way it has been adapted to China’s financial, institutional and geographical context and the likely prospects for PPP in China in the future.     

The rise and fall of Public-Private Partnerships in China: a path-dependent approach

Due to growing traffic demand, enormous investment requirements and high fiscal pressures, China has witnessed a reshaping of financing policies in large transport infrastructure projects from public financing to Public-Private Partnerships. As a result, the provision of transport infrastructure services in China has been steadily moving from the realm of government to that of private sector. In the same period, governments at the central and regional levels were actively engaged in this institutional transition by devising corresponding policies and enacting new laws and regulations. However, in late 2009 it became clear to the authors of this article that there has been a tendency of rolling back private participation in transport infrastructure and service because of various forms of opportunistic behavior on the part of some private players and malpractices among some governmental officials in their interaction with private players, and in relatively recent a number of large transport projects have been granted to state-owned enterprises. Therefore, the purpose of this article is to analyze and explain the processes of rise and fall of Public-Private Partnership in China. We argue that the adoption of Public-Private Partnership in China is a path-dependent process rather than some economic optimum advocated by a variety of international organizations. Specifics of wider Chinese political, cultural and institutional context are recognized as important factors that influence the performance of Public-Private Partnership. Effects of decisions made under transitory conditions can persist long after those conditions have vanished. In addition, these historical legacies are important in understanding contemporary use of Public-Private Partnership in China, and they are also the origins from which the sub-optimal statuses are often led.     

Local Government Tourism Planning and Policy-making in New South Wales: Institutional Development and Historical Legacies

Local government has an important role in tourism planning and development but has been criticised for not being more proactive. Impediments to local government involvement in tourism planning and policy-making include lack of community interest; lack of resources; lack of appropriate research and information; lack of commitment to implementation; lack of co-ordination and communication; and lack of technical expertise. This paper argues that these impediments can be more accurately viewed as consequences of deeply embedded values, beliefs, ideas and perceptions about local government roles and responsibilities. The paper reviews the historical development of local government in New South Wales, Australia, with respect to tourism, and discusses the influence of institutional history on how tourism is dealt with in that state.     

Demystifying Chinese overseas investment in infrastructure: Port development,the Belt and Road Initiative and regional development

China's outward investment has increased tremendously in recent years and it is currently a global leader in the construction of transportation infrastructure. While its signature ‘Belt and Road Initiative’ (BRI) is often portrayed as a threat by policy makers and media in the West, this article approaches the BRI from the perspective of Beijing. We review Chinese infrastructure investment and show that rather than a monolithic strategy aimed at world domination, the BRI is driven by a range of Chinese stakeholders situated at different scales whose motives vary from achieving strategic geopolitical advantage to profit-maximization. We focus on port investments to demonstrate that the BRI accelerated an ongoing trend of increasing Chinese investment in overseas ports that began in the early 2000s. We subsequently present mini-case studies of port projects Gwadar, Pakistan and Kuantan, Malaysia, which illustrate that large Central Government state-owned enterprises (SOEs) pursue strategic objectives while SOEs situated at the province and city levels are motivated by economic incentives. All Chinese investors embrace the ‘port-park-city’ model pioneered by Shenzhen, and we highlight its potential to foster regional development. We conclude that future research on Chinese infrastructure projects should be relational, multi-scalar and multi-sited.     

Path to a multilayered transshipment port system: How the Yangtze River bulk port system has evolved

China's steel output has maintained rapid growth over the past twenty years. Due to this, a large number of iron ore ports/terminals have been built along the Yangtze River, and the Yangtze River bulk port system has experienced a unique development in its structure. This paper aims to understand the evolution of this bulk port system.¹ along the Yangtze River. To achieve this objective, first the development phases of the Yangtze River bulk port system are reviewed, taking the theoretical (container) port evolution model as a benchmark. Then several hypotheses addressing certain features of bulk port system development are proposed, followed by using panel data analysis to test these hypotheses. Based on this discussion and analysis, the major driving forces that are reshaping bulk port development along the Yangtze River are then summarized. It is found that evolution of the Yangtze River bulk port system in general follows the port development models in previous literature. However, the trend toward regionalization and an offshore hub have not appeared. Besides this, iron ore transshipment is moving outward both for sea ports and river ports, and few iron ore transshipment gateway hubs are occurring. Furthermore, the transshipment function of a bulk port plays a significant role in port traffic changes, but this role is affecting sea ports differently to river ports. The container throughput of transshipment sea ports has a significant negative effect on bulk traffic, whereas that of transshipment river ports has a positive effect. Geographical conditions, institutional factors and national policy, industry agglomeration, changes in market supply and demand, and technology updates are major factors driving changes to the port system structure. These factors are observed to function either individually or collectively at different development stages.     

Luxury hotels mushrooming and extravagant governments

This paper empirically examines the effect of nontax revenue on demands for luxury hotels in China where the strict public financial supervision is not well-established. Results indicate the nontax revenue significantly influences luxury hotel demands across the country and that government demands have crowding out effect on private demands for luxury hotels, all of which appear more salient in Chinese underdeveloped areas with more severely deficient public financial supervision.     

Institutional integration for sustainable transportation policy in Canada

In recent years, many Canadian urban areas have witnessed a rapid population and economic growth thereby putting sustainable transport and urban form at the forefront of planning initiatives. As a result, the development of strategic transport plans and long-range visioning exercises has become a priority for most cities. Still, proper appraisals of these plans along with funding and implementation have lagged behind. Reasons for this lag can be attributed to the lack of constructive interactions between actors in the decision-making process and of common grounds for policy evaluation. This paper proposes to assess the extent of institutional integration in the appraisal, funding, and implementation of transport policy. For this purpose, a survey was conducted with planners and policy-makers pertaining to the three levels of government (municipal, provincial, federal) in Canada. The survey discussed the existing process for funding and evaluation of transport policy and its associated pitfalls as well as the desired state of policy appraisal. Results show low institutional integration among the three levels of government and weakened regional visions within most urban areas in spite of an increased sensitization of decision-makers and the public regarding the importance of achieving society's goals of sustainability and equity.     

Spatial,temporal and institutional characteristics of entry strategies in inland container terminals: A comparison between Yangtze River and Rhine River

Recent decades have brought a growing commitment of investors in the (co-)funding and management of inland terminals, particularly container terminals. However, the actors involved, the forms of third-party entry and the emerging partnerships in inland terminals have only been investigated on a fragmented basis in inland port research. To complement existing inland port research on governance, management and spatial development, this paper analyses entry strategies of actors in inland container terminals on the Rhine and Yangtze in terms of their spatial, temporal and institutional characteristics. The unit of analysis in this paper is the inland container terminal, not necessarily the entire inland port (which might have more than one terminal). The entry strategies and the drivers behind these strategies are examined using a conceptual framework focused on five questions, i.e. who, where, when, why and which way. The empirical application is based on a large dataset of all container terminals on the Rhine and Yangtze. Our findings suggest clear differences between the two rivers in terms of the type of operators, the sequence of inland port development and also the major actors shaping the inland terminal landscape. Despite these differences, there is also some level of similarity, including a low presence of international players, the absence of deepsea (landlord) port authorities and observed waves of single acquisition, multiple-site acquisition, and capital entry in the terminals. Government policies, institutional frameworks and the nature of shipping network development are determinants of inland port investment and the entry strategies adopted by relevant actors. The findings contribute to a better understanding of the drivers and contextual environment guiding entry strategies in inland ports and can help policy makers and port operators in inland rivers to assess and benchmark their strategy. The paper adds to existing literature by considering spatiotemporal aspects of terminal ownership and the strategic considerations of and institutional drivers and impediments to the inland terminal strategies of the corresponding actors.     

Divided we stand: institutional collaboration in tourism planning and development in the Central Region of Ghana

This research is an exploratory study that examines collaboration at the institutional level in the tourism sector of the Central Region, Ghana. The research begins with a review of the key issues related to collaboration in tourism planning and development followed by an extensive exploration of three main issues related to institutional collaboration in tourism in the Central Region. The three main issues are the vision of tourism development shared among stakeholders, collaboration and coordination within the public sector and between the public and private sectors and the factors that constrain and facilitate collaboration and coordination. Using extensive interviews with key stakeholders and reviewing policy documents, the research indicates low levels of collaboration between tourism institutions both within the public sector and across the public–private sectors. This is notwithstanding a shared awareness of the benefits of collaboration among all actors. The research thus contributes interesting insights into the politics of collaboration in tourism destinations. Given tourism's contribution to the Ghanaian economy, it is imperative that efforts are made towards improving the levels of collaboration and coordination between tourism agencies and institutions.     

铁路效益发展规律与我国铁路产业发展

针对目前社会和学术界存在的关于我国铁路产业发展态势的各种争论。从铁路效益发展的基本规律入手进行研判。从经济学理论来看，铁路效益存在着二律背反规律、业务增值规律、精益生产规律、技术进步规律、制度创新规律、国家扶持规律等六大规律，认为我国铁路产业处于运输化发展的中期阶段，有着良好的客货运输需求支撑，发展基本面良好。我国铁路需转变经营管理体制机制，大力发展多元化经营业务，提高增值收益。国家需改变交通运输公共政策，加大对铁路产业的必要投入，由铁道部统筹铁路改革与发展方案，推进我国铁路产业稳妥渐进变革。     

Integration of inland waterway transport in the intermodal supply chain: a taxonomy of research challenges

This paper identifies research opportunities which will enable the further integration of inland waterway transport in the intermodal supply chain. Intermodal transport may be interpreted as a chain of actors who supply a transport service. Inland navigation can play a crucial role in increasing supply chain service performance. A first group of research challenges lies in the evolving relationship between transport geography and logistics activities. The next set of research challenges has the objective to encourage efficient operations in IWT: development of a system wide model for IWT, integration of operational planning systems and analysis of bundling networks. A third group of research efforts is directed towards shippers and consignees who use the intermodal transport chain to send or receive their goods: further development of models that integrate intermodal transport decisions with supply chain decisions and creation of green supply chains. A fourth cluster of research challenges concerns the problem domain of external cost calculations. Finally detailed time series data on freight transport should be collected to support these future research tracks.     

The directional development of intermodal freight corridors in relation to inland terminals

This paper examines the spatial development of freight infrastructure, developing a conceptual model that draws attention to the directional development of intermodal corridors in relation to inland terminals. Two concepts of vertical control of the development process are proposed in this paper, beginning with Inside-Out, whereby inland intermodal terminals seek greater integration with their sea ports, often driven by public body intervention. By contrast, Outside-In development is displayed by the conscious use of an inland node as a tool for sea port actors (whether port authorities or terminal operators) to expand their hinterland and capture discretionary cargo.One of the key distinctions between the two models is the role played by different government approaches to the development of inland terminal facilities. Therefore three national examples are discussed: Sweden, where the public sector is directly involved in development; Scotland, where the private sector is left to develop terminals but government encourages the process through spatial planning and modal shift funding; and the USA, where the national government has traditionally taken little action.The primary contribution of this paper is the research agenda developed out of the conceptual model above, which should be applied to additional case studies in future work. Arising from the conceptual model and the examination of the role of public bodies is a debate on the role of regulation. However the subject of regulation is only touched upon in this paper, therefore more research is required on the government’s role in infrastructure planning and regulation in order to determine the best approach in this policy area.     

Privatization,corporatization, ownership forms and their effects on the performance of the world's major airports

This paper focuses on measuring and comparing productive efficiency and profitability among airports owned and operated by government departments, 100% government-owned corporations, independent airport authorities, mixed enterprises with government majority ownership and mixed enterprises with private majority ownership. The analysis is based on a cross-sectional, time-series dataset (2001–2003) for the major Asia-Pacific, European and North American airports. There is strong evidence that airports with government majority ownership and those owned by multi-level of government are significantly less efficient than airports with a private majority ownership; there is no statistically significant evidence to suggest that airports owned and operated by US government branches, independent airport authorities in North America, or airports elsewhere operated by 100% government corporations have lower operating efficiency than airports with a private majority ownership; airports with a private majority ownership achieve significantly higher operating profit margins than other airports; whereas airports with government majority ownership or multi-level government ownership have the lowest operating profit margin; and generally, airports with a private majority ownership derive a much higher proportion of their total revenue from non-aviation services than any other category of airports while offering significantly lower aeronautical charges than airports in other ownership categories excluding US airports. The results suggest that private–public–partnership with minority private sector participation and multi-level governments’ ownership should be avoided, supporting the majority private sector ownership and operation of airports.     

The Role of the French State: Shifting from Supporting Large Tourism Projects like Disneyland Paris to a Diffusely Forceful Presence

The French state, in its role as legislator, has sustained relations of production within the French economy because space can be selectively configured to promote economic, social, and environmental community goals. It tries to avoid that public value be held captive to private value or that developers bypass environmental legislation. In a country where the state is in the habit of regulating everything, it is not surprising that it should have taken charge of tourism projects. This paper will determine whether the relationship between public and private enterprise in tourism development in France, where the government has systematically encouraged such partnerships, has been successful. The paper will also show whether leadership provided by the public sector in areas not necessarily focused on tourism development is what helped push France among the most visited countries in the world. Decentralisation policy has driven the state to the backstage where it remains active to ensure the continued presence of France on the international scene. Although it is tempting to advocate a particular form of governance in supporting tourism development, most forms have evolved within specific contexts and would be resistant to radical transformations. A careful scrutiny of specific examples helps to illustrate possible effective changes.     

The impact of government policies on destination competitiveness in developing economies

The role government plays in destination competitiveness is reflected in a country’s institutional environment. The main premise of this study is to provide a better understanding about the appropriate levels of government involvement in destination competitiveness. Seven countries of the Central American region were analysed over 18 years. The results indicate that not all government decisions impact destination competitiveness in the same way, as some may have more influence than others. For example, an increase in the level of corruption revealed a positive impact on destination competitiveness while lowering taxes did not encourage an increase in destination competitiveness. This study contributes to the academic literature not only from theory building but also practical implication on the role of government.     

TOD+PPP模式的开发运用和投资评价研究

TOD将交通系统的便捷高效和土地的集约利用深度融合,是构建城市发展新格局的关键。在TOD+PPP模式下,政府和社会资本通过合作伙伴关系,共同对轨道交通沿线的土地进行综合开发,利用土地增值收益反哺轨道交通的建设和运营,提高轨道交通的社会效益和经济效益。文中选取长三角地区的某条城际铁路,通过案例分析的形式介绍TOD+PPP的运作模式、开发方案和经济效益。     

Shaping port governance: the territorial trajectories of reform

The evolution of public–private relationships has driven many economic sectors to undergo de-centralisation and de-regulation. Throughout these transformations, an appreciation of governance is key to understanding the process. In recent years, seaports have undergone dramatic changes in governance as reported in academic and policy literature. The World Bank, for example, outlined a well-known taxonomy of major governance models. However, this literature does not capture of the specificities of local environments, or “embed” the changes in specific institutional and economic contexts. This paper analyses embeddedness in ports and their associated governance structures. We analyse and discuss (i) the complexity and the heterogeneity of the institutional framework, (ii) the multi-layered decisional chain, (iii) the geo-economic dimension, and (iv) the socio-cultural environment of reformed ports. The paper takes a dynamic view of port reform trajectories. We illustrate the theoretical discussion with a comparison of ports in France and Italy. We show the effects of local forces in shaping national port reform schemes, and we examine the relationship between global trends and embeddedness.     

Do institutional structures matter? A comparative analysis of urban carbon management policies in the UK and Germany

The paper addresses the important question of how institutional structures matter to the delivery of climate change policy for urban transport. It examines the strategic goals, policy tools in operation and initial progress towards carbon emission reduction in seven cities across the UK and Germany where different institutional structures exist. The UK has the presence of a strong national carbon target and strong hierarchical national–local government relationships whilst Germany has a more integrated system of local transport provision in a context where local and regional government is stronger. Our findings show that the carbon agenda has made very little difference to what is happening on the ground in the cities. Across all sites, progress is being made but largely through technological improvements which are being almost completely offset by population growth. Even in the more integrated city environments there has not be an additional stimulus to manage the demand for travel.Contrary to previous research therefore, we cannot conclude that institutional structures are paramount in delivering effective carbon reduction policies. The institutional structures in the UK and in Germany are not perfectly aligned to carbon management but, given the cross policy impacts of most transport interventions, this is perhaps inevitable. We can clearly conclude however that “better” structures are not sufficient to achieve the implementation of more effective carbon policies. Whilst institutional structures must matter, it is the broader governance environment and the resources and politics involved in transport policy that currently seem to dominate the importance of the carbon agenda and implementation paths that emerge.     

Evaluating impacts of institutional reforms on port efficiency changes: Ownership,corporate structure,and total factor productivity changes of world container ports

This paper evaluates how port institutional reforms influenced efficiency gains between 1991 and 2004. We constructed a panel data for port ownership, corporate structure, and port inputs and outputs for 98 major world ports, and we implemented the Malmquist Productivity Index (MPI) model. The MPI provides efficiency measures for input combinations that allow for obtaining the outputs in the presence of institutional reforms, ownership changes, main agent problems, technological progress, efficient scale growth, and many other reasons for efficiency and the lack of it. The results illustrate that ownership restructuring contributed to total factor productivity gains. The restructuring induced optimized operation of container terminals, especially for large ports, as it allowed specialized private entities to concentrate on terminal operation and cargo handling services.     

Institutional and structure changes in air navigation service-providing organizations

Airlines markets throughout the world have gradually gone through a liberalization process over the past 25 years. Regulatory changes involving other parts of the air transportation supply chain have globally been the subject of far less dramatic changes, and indeed some elements are still largely publicly owned monopolies. There have, however, been gradual reforms to the ways in which are traffic control and navigation services are being provided. A diversity of models has gradually emerged, ranging from traditional state ownership, through a variety of corporatized structures, to regulated private companies. While many of these new institutional forms are still at a relatively early stage in their history and development, there is still scope, using fairly well-established managerial economic approaches, to assess the implications of their structures. The analysis is based on a multi-dimensional performance matrix (e.g., including safety and financial considerations) and embraces a diversity of institutional models from around the world (e.g., a public/privatize partnership in the UK, a non-share corporation in Canada and Switzerland, and state owned in France and the US).