Analysis of the Relationship between Governance Development Models and the Operational Efficiency of Urban Rail Transit

摘要

Influenced by the rapid development of a new type urbanization path which is intensive, smart, green, and low-carbon, many cities in China are striving to develop urban rail transit systems (URTS). It is critical that URTS are concerned with their operational efficiency and the governance development models within which they are developed have a profound impact upon their process of operation. This paper outlines the corporatization model and the public-private partnership (PPP) within which URTS in many cities in China are developed. The relationship between governance development models and operational efficiency of several urban rail transit lines is analyzed through the application of data envelopment analysis (DEA). By the comparative analysis of operational efficiency of several urban rail transit lines in Beijing and Shenzhen, it indicates that, comparing with the corporatization model which has been predominant in China, PPP has a positive impact upon the improvement of operational efficiency.