Value and governance of high-speed railway

Abstract

This paper considers multiple perspectives to explore the concept of high-speed railway (HSR), rationally abstract its value formation mechanism, and quantitatively measure its actual performance. This paper analyzes the governance potential of major countries in the high-speed railway value chain and studies the feasible ways and development strategies to enhance the high-speed railway governance in China. Findings of this paper are as follows. First, the government, as the early manager of high-speed railway governance, has given way to Siemens and other integrated enterprises. Second, the high-speed railway standard output has become the core competitiveness that embodies high-speed railway. Third, the global high-speed railway market presents a hierarchical high-speed railway governance model and changes to a modular approach to governance.

Keywords

high-speed railway value / communication value / high-speed railway value governance / governance path upgrade

References

[1] Cao M F, Li S M (2005). The source of benefits for the division of labor in the global value chain: Comparative advantage, scale advantage and price tilt advantage. China Industrial Economy, 10: 20–26

[2] Dyer J, Singh H (1998). The relational view: Cooperative strategy and sources of Inter-organizational competitive advantage. Academy of Management Journal, 23(4): 660–679

[3] Feng Y S (2015). SPSS22.0 statistical analysis. Beijing: Tsinghua University Press

[4] Gao J L, Gan L (2011). The history and future of high-speed railway in Japan. International Urban Planning, 06: 6–15

[5] Gereffi G (1999). International trade and industrial upgrading in the apparel commodity chain. Journal of International Economics, 48(1): 37–70

[6] Gereffi G, Korzeniewicz M (1994). Commodity Chains and Global Capitalism. London: Praeger

[7] Huang Z G (2010). On the integration effects of large railway stations on transportation resources. Dissertation for the Doctoral Degree. Beijing: Beijing Jiaotong University

[8] Humphrey J, Sehmitz H (2002). Developing Country Firm in the world economy: Governance and upgrading in global value chains. INFE Report, 61: 1–35

[9] Kaplinsky R, Morris M (2002). A Handbook for Value Chain Research. Canada: International Development Research Centre

[10] Kogut B (1985). Designing global strategies: Comparative and competitive value-added chains. Sloan Management Review, 4: 15–28

[11] Liang G Y (2010). Spatial Division of Labor: Social Structure and Production Geography. Beijing: Beijing Normal University press

[12] Lin Q, Tan L W, Shi G Q (2008). Rent, power and performance- under the background of global value chain on the competitive advantage of the. Chinese Industrial Economy, 1: 50–58

[13] Liu X H, Cao Y Q (2014). A study on the segmentation status of the “BRIC” division of labor- Based on the perspective of industry upstream. International Economic and Trade Exploration, 06: 92– 100

[14] Liu Y, Gui B X, An Y (2016). Comparison of competitiveness of high speed railway equipment manufacturers and countermeasures of China’s high speed railway “Going Out”. Research Management, S1: 346–355

[15] Lv Z Y (2015). Study on sustainable competitive advantage of high speed railway in China. Dissertation for the Doctoral Degree. Beijing: Journal of Beijing Jiaotong University

[16] Ma F T (2015). Evaluation and influencing factors of global value chain length and upstream degree in China’s manufacturing industry- Research on world input and output table. World Economic Research, 08: 3–10

[17] Marx K (1975). Capital: Volume III. Beijing: People’s Publishing House, 3: 722

[18] Marx K, Engels F (1995). Marx Engels Selected Works. Beijing: People’s Publishing House, 1: 68

[19] Meng Q S, Han W X 2010 Research on coordination model of composite system. Tianjin Daxue Xuebao, 04: 444–446

[20] Potter M, Chen L F (2014). Competitive Advantage. Beijing: CITIC Publishing House

[21] Qin S (2014). Global value chain governance theory: Retrospect and prospect. Foreign Theoretical Trends, 12: 14–21

[22] Sacchetti S, Sugden R (2003). The governance of networks and economic power: The nature and impact of subcontracting networks. Journal of Economic Surveys, 17(5): 669–692

[23] Sha M L (2000). (TGV) system in France. Transportation and Transportation, 05: 30–31

[24] Sun L J, Yan L (2016). International comparison of transformation and upgrading performance of Chinese manufacturing industry in global value chain. Macroeconomic Research, 01: 73–85

[25] United Nations Industrial Development Organization (2002). Competing through Innovation and Learning the Focus of UNIDO’s Industrial Development 2002/2003. Vienna

[26] Wang Y (2013). Liaoning Province, high-tech industry collaborative innovation ability research. Dalian: Liaoning University

[27] Zhang Q (2008). Study on the mode innovation of the localization business in Siemens urban rail transit. Dissertation for the Doctoral Degree. Changsha: Central South University

[28] Zheng Z L (1999). Review of communication theory research in 90s. Teaching and Research, 10: 64–70

[29] Zhou X (2002). German high-speed railway. Railway Knowledge, 02: 14–15

Acknowledgements

First of all, we would like to extend our sincere gratitude to Nan Chen, for her innovative perspective on the value of High-speed railway which prompted our splendid ideas. Moreover, high tribute shall be paid to Hua Ma, whose suggestion for the model based on the measurement of the value of the high-speed railway provides an important model construction technique for this paper. Finally, we are also indebted to Shen Luo, Xiuying Liu, Jianping Xu, Aiping Zhang etc. to their data support for the empirical analysis of the model.

RIGHTS & PERMISSIONS

2017 The Author(s) 2017. Published by Higher Education Press. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0)