2012Journal of Beijing Jiaotong UniversityRequires access

A Study on the Strategic Cost Drivers of Urban Rail Transit Based on the Nature of Public Goods

Wenxing Li

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Abstract

As the construction and operation of urban rail transit need a massive influx of funding,it is necessary to redefine the responsibility borders between market and government to develop strategy management and cost compensation mechanism in order to achieve the sustainable development of urban rail transit. With an analysis of the cost structure and the definition of strategic cost drivers of urban rail transit,this article sets up an integrated strategy of goals management system and computes the weights of strategic cost drivers based on analytic hierarchy process.It provides an access to innovating urban rail transit strategic management,and further specifies the cost compensation extent and the fiscal subsidy system.

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As the construction and operation of urban rail transit need a massive influx of funding,it is necessary to redefine the responsibility borders between market and government to develop strategy management and cost compensation mechanism in order to achieve the sustainable development of urban rail transit. With an analysis of the cost structure and the definition of strategic cost drivers of urban rail transit,this article sets up an integrated strategy of goals management system and computes the weights of strategic cost drivers based on analytic hierarchy process.It provides an access to innovating urban rail transit strategic management,and further specifies the cost compensation extent and the fiscal subsidy system.

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Available abstract

As the construction and operation of urban rail transit need a massive influx of funding,it is necessary to redefine the responsibility borders between market and government to develop strategy management and cost compensation mechanism in order to achieve the sustainable development of urban rail transit. With an analysis of the cost structure and the definition of strategic cost drivers of urban rail transit,this article sets up an integrated strategy of goals management system and computes the weights of strategic cost drivers based on analytic hierarchy process.It provides an access to innovating urban rail transit strategic management,and further specifies the cost compensation extent and the fiscal subsidy system.

Key concepts: Subsidy, Urban rail transit, Business, Order (exchange), Public transport, Compensation (psychology), Process (computing), Government (linguistics)

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