Public-Private Partnership and Economic Efficiency: A Case Study of the Korean Urban Rail Transit System

2014 ◽  
Author(s):  
Sounman Hong
Keyword(s):  
Economic Efficiency ◽  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Transit System ◽  
Private Partnership ◽  
Urban Rail

On the Public Private Partnership Financing Strategies of Urban Rail Transit

2011 ◽  
Vol 255-260 ◽  
pp. 4095-4099 ◽  
Author(s):  
Jian Xiao Chen ◽  
Jing Fang
Keyword(s):  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Operating Efficiency ◽  
Rail Transit ◽  
Private Capital ◽  
Private Partnership ◽  
The Public ◽  
Urban Rail

Introduction and innovation of PPP mode can attract more private capital to involve urban rail transit construction and enhance overall operating efficiency of URT. Based on analyzing the characters of URT PPP, through summarizing the PPP categories in application, this paper classifies the URT PPP practical approaches into four broad strategies, and provides a framework and some suggestions for assessing and managing risks associated with various URT PPP strategies.

scholarly journals Timetable Optimization of Rail Transit Loop Line with Transfer Coordination

2016 ◽  
Vol 2016 ◽  
pp. 1-11 ◽  
Author(s):  
Rui-Jia Shi ◽  
Bao-Hua Mao ◽  
Yong Ding ◽  
Yun Bai ◽  
Yao Chen
Keyword(s):  
Waiting Time ◽  
Performance Indicators ◽  
Waiting Times ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Transit System ◽  
Urban Rail ◽  
Proposed Model ◽  
Timetable Optimization

In an urban rail transit system, it is important to coordinate the timetable of a loop line with its connecting lines so as to reduce the waiting time of passengers. This is particularly essential because transfer passengers usually account for the majority of the total passengers in loop lines. In this paper, a timetable optimization model is developed for loop line in order to minimize the average waiting time of access passengers and transfer passengers. This is performed by adjusting the headways and dwell times of trains on the loop line. A genetic algorithm is applied to solve the proposed model, and a numerical example is used to verify its effectiveness. Finally, a case study of a loop line in the Beijing urban rail transit system is conducted. Waiting times of the passengers and the number of waiting passengers are used as performance indicators to verify the optimization results in rush hours and non-rush hours. The results show that the average waiting times for the up-track and down-track are reduced by 3.69% and 2.89% during rush hours and by 11.60% and 11.47% during non-rush hours, respectively.

scholarly journals The Influence of Passengers’ Perceived Social Responsibility Efforts on Their Satisfaction in Public-Private-Partnership Urban Rail Transit Projects

2021 ◽  
Vol 13 (23) ◽  
pp. 13108
Author(s):  
Caiyun Cui ◽  
Meng Liu ◽  
Yong Liu ◽  
Bo Xia ◽  
Martin Skitmore ◽  
...  
Keyword(s):  
Social Responsibility ◽  
User Satisfaction ◽  
Rapid Development ◽  
Public Private Partnership ◽  
Urban Rail Transit ◽  
Rail Transit ◽  
Private Partnership ◽  
Body Of Knowledge ◽  
Urban Rail ◽  
Managerial Implications

With the rapid development of public-private-partnership (PPP) urban rail transit (URT) projects in China, their social responsibility (SR) is considered to provide a useful way of guaranteeing passengers’ rights and to help urban sustainable development. However, what remains largely unknown is how passengers’ perceptions of the SR effort of such projects’ influences their satisfaction. To bridge this knowledge gap, the current study first proposes a conceptual model based on social responsibility and satisfaction theories. Hypotheses are then tested through bootstrapping analysis based on data drawn from a questionnaire survey of 436 residents from three typical PPP URT projects. The results show that the relationship between the passengers’ perceived SR effort and their satisfaction with PPP URT projects is sequentially and doubly mediated by perceived quality and perceived value. The findings contribute to the current body of knowledge in social responsibility and user satisfaction by introducing passenger-perceived SR effort as an antecedent factor, and offer valuable practical and managerial implications for the projects’ operation management to help promote urban sustainability.

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