The greening of intercity travel: Environmental protection subsidy and HSR operation planning

Zhao, Luyang; Li, Lin; Zhang, Xiaoqiang

doi:10.1016/j.trd.2021.102800

Cited by 4 publications

(3 citation statements)

References 44 publications

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“…This showed that governmental subsidies effectively incentivized the green travel company to implement green effort. This result was consistent with that in Zhao et al [22]. Correspondingly, the green travel company could increase the green travel price.…”

Section: Decentralized Decision-making With Governmental Subsidiessupporting

confidence: 93%

“…Government subsidies have been used to encourage consumers to choose green travel options. In Zhao et al [22], the authors used an environmental protection subsidy to encourage passengers to use sustainable travel modes between cities, and they showed that a governmental subsidy had a significant impact on more sustainable intercity travel choices.In Zhu et al [21], the researchers considered providing governmental subsidies for public transit riders who used ride sourcing to solve first-and last-mile problems, and they found that a strategic subsidy could boost ride-sourcing services. The authors of Fan et al [11] analyzed governmental subsidies that promoted the sharing of electric vehicles, and they observed that allocating subsidies between companies and consumers in a certain proportion could effectively motivate residents to use shared electric vehicles.…”

Section: Government Subsidies For Green Travelmentioning

confidence: 99%

“…This study's focus was relevant to three topics in the literature: pricing and effort strategies for green travel [14][15][16]; the competition among modes of travel [17][18][19][20]; and governmental subsidies for green travel [21,22]. The primary work of this research was to provide a bridge among these topics.…”

Section: Literature Reviewmentioning

confidence: 99%

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Competition between Green and Non-Green Travel Companies: The Role of Governmental Subsidies in Green Travel

Huang

2023

Sustainability

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The problem of carbon emissions in transportation is an increasing concern, and consumers need to be encouraged towards green modes of travel to achieve low-carbon travel. To compete with non-green travel companies, green travel companies have considered implementing expensive green efforts to attract consumers. Decisions on travel prices, the green efforts of green travel companies to maintain their competitiveness, and the role of governmental subsidies in promoting green travel must be thoroughly investigated. To consider travel competitiveness and the role of governmental subsidies that support the increased expenses of green travel, this study defined four different decision-making scenarios. The Nash game model without governmental subsidies and the Stackelberg–Nash game model with governmental subsidies were built and solved to understand the effects on the pricing and green efforts of travel companies. The equilibrium results and the role of governmental subsidies were analyzed theoretically and numerically. The results showed that governmental subsidies could boost green efforts while increasing green and non-green travel prices. The competition between green and non-green travel companies both undermined the role of the governmental subsidies and reduced the green and non-green travel prices. A sufficiently large cost-sharing coefficient from the government caused the green travel demand to be higher than the non-green travel demand.

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Section: Decentralized Decision-making With Governmental Subsidiessupporting

confidence: 93%