Work

Sequential game analysis of subsidy withdrawal and sustainable operation of the China Railway Express

Year: 2026

Type: article

Abstract: The China Railway Express plays a pivotal role in promoting a safe and environmentally friendly Eurasian transport network. As government subsidies are gradually withdrawn, its sustainability and operational stability face increasing challenges. This paper employs a sequential game to elucidate the mutual influence mechanism among shippers, carriers and the government within China Railway Express and maritime competition. It analyses the impact of subsidy withdrawal on the decisions of market participants. The study explores, through numerical analysis, the influence of key factors like return factor and transportation costs on subsidy withdrawal. It identifies the optimal timing and essential measures for subsidy withdrawal. Ultimately, the research results provide a quantitative framework for achieving safe, efficient and sustainable operation of the China Railway Express under subsidy withdrawal and offer methodological insights for other multimodal transport systems.

Source: Transportation Safety and Environment

DOI: 10.1093/tse/tdag006

Authors: Fenling Feng, Zixuan Wang, Ze Zhang, Mingxu Cai, Chengguang Liu

Institution: Central South University

Language: English

Topic: transportation and logistics systems

Subfield: Transportation

Field: Social Sciences

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $1,575