Nothing Special   »   [go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v93y2022ics0739885922000087.html
   My bibliography  Save this article

Flow of goods to the shock of COVID-19 and toll-free highway policy: Evidence from logistics data in China

Author

Listed:
  • Fang, Da
  • Guo, Yan
Abstract
Using high-frequency logistics data from China, this paper quantitatively examines the negative impact of the COVID-19 pandemic on logistics. Meanwhile, our research focuses on the toll-free highway policy during the COVID-19 pandemic, analyzing the promoting effect of this policy on road freight in China. Three main conclusions are drawn from the study. Firstly, the COVID-19 pandemic led to an average daily drop of 0.67% in road freight volume and an increase of 0.48% in logistic cost compared to the pre-pandemic period. Secondly, the toll-free highway policy had a significant offset effect of pandemic on freight volume and price, stimulating the resumption of work and production. However, the dynamic effect shows that the toll-free highway policy is only temporarily effective rather than the long term. Thirdly, the effectiveness of the toll-free highway policy is moderated by the severity of the epidemic and the transportation distance. This paper contributes to research on economy recovery and transportation policy under the COVID-19 pandemic shock.

Suggested Citation

  • Fang, Da & Guo, Yan, 2022. "Flow of goods to the shock of COVID-19 and toll-free highway policy: Evidence from logistics data in China," Research in Transportation Economics, Elsevier, vol. 93(C).
  • Handle: RePEc:eee:retrec:v:93:y:2022:i:c:s0739885922000087
    DOI: 10.1016/j.retrec.2022.101185
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739885922000087
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.retrec.2022.101185?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. David B Audretsch & Dirk Christian Dohse & João Pereira dos Santos, 2020. "The effects of highway tolls on private business activity—results from a natural experiment [Is public expenditure productive?]," Journal of Economic Geography, Oxford University Press, vol. 20(6), pages 1331-1357.
    2. Kavussanos, Manolis G. & Talley, Wayne K., 2004. "Shipping finance and port issues," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 40(4), pages 271-272, July.
    3. Kanika Mahajan & Shekhar Tomar, 2021. "COVID‐19 and Supply Chain Disruption: Evidence from Food Markets in India†," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(1), pages 35-52, January.
    4. May McMaster & Charlie Nettleton & Christeen Tom & Belanda Xu & Cheng Cao & Ping Qiao, 2020. "Risk Management: Rethinking Fashion Supply Chain Management for Multinational Corporations in Light of the COVID-19 Outbreak," JRFM, MDPI, vol. 13(8), pages 1-16, August.
    5. Zhang, Xingxing & Pellegrino, Filippo & Shen, Jingchun & Copertaro, Benedetta & Huang, Pei & Kumar Saini, Puneet & Lovati, Marco, 2020. "A preliminary simulation study about the impact of COVID-19 crisis on energy demand of a building mix at a district in Sweden," Applied Energy, Elsevier, vol. 280(C).
    6. Maliszewska,Maryla & Mattoo,Aaditya & Van Der Mensbrugghe,Dominique, 2020. "The Potential Impact of COVID-19 on GDP and Trade : A Preliminary Assessment," Policy Research Working Paper Series 9211, The World Bank.
    7. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    8. Ruth Richardson, 2020. "Bending the arc of COVID-19 through a principled food systems approach," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 37(3), pages 653-654, September.
    9. Fang, Hanming & Wang, Long & Yang, Yang, 2020. "Human mobility restrictions and the spread of the Novel Coronavirus (2019-nCoV) in China," Journal of Public Economics, Elsevier, vol. 191(C).
    10. Drobetz, Wolfgang & Menzel, Christina & Schröder, Henning, 2016. "Systematic risk behavior in cyclical industries: The case of shipping," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 88(C), pages 129-145.
    11. Dong, Baomin & Guo, Guixia & Wang, Yuntong, 2012. "Highway toll pricing," European Journal of Operational Research, Elsevier, vol. 220(3), pages 744-751.
    12. Zhang, Yahua & Zhang, Anming & Wang, Jiaoe, 2020. "Exploring the roles of high-speed train, air and coach services in the spread of COVID-19 in China," Transport Policy, Elsevier, vol. 94(C), pages 34-42.
    13. Fu, Shihe & Gu, Yizhen, 2017. "Highway toll and air pollution: Evidence from Chinese cities," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 32-49.
    14. Philippe Le Billon & Païvi Lujala & Devyani Singh & Vance Culbert & Berit Kristoffersen, 2021. "Fossil fuels, climate change, and the COVID-19 crisis: pathways for a just and green post-pandemic recovery," Climate Policy, Taylor & Francis Journals, vol. 21(10), pages 1347-1356, November.
    15. Alfredo Aloi & Borja Alonso & Juan Benavente & Rubén Cordera & Eneko Echániz & Felipe González & Claudio Ladisa & Raquel Lezama-Romanelli & Álvaro López-Parra & Vittorio Mazzei & Lucía Perrucci & Darí, 2020. "Effects of the COVID-19 Lockdown on Urban Mobility: Empirical Evidence from the City of Santander (Spain)," Sustainability, MDPI, vol. 12(9), pages 1-18, May.
    16. Tsan-Ming Choi & Chun-Hung Chiu, 2012. "Risk Analysis in Stochastic Supply Chains," International Series in Operations Research and Management Science, Springer, edition 127, number 978-1-4614-3869-4, April.
    17. Theo Notteboom & Thanos Pallis & Jean-Paul Rodrigue, 2021. "Disruptions and resilience in global container shipping and ports: the COVID-19 pandemic versus the 2008–2009 financial crisis," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 23(2), pages 179-210, June.
    18. Dmitry Ivanov & Alexandre Dolgui, 2020. "Viability of intertwined supply networks: extending the supply chain resilience angles towards survivability. A position paper motivated by COVID-19 outbreak," International Journal of Production Research, Taylor & Francis Journals, vol. 58(10), pages 2904-2915, May.
    19. Ivanov, Dmitry, 2020. "Predicting the impacts of epidemic outbreaks on global supply chains: A simulation-based analysis on the coronavirus outbreak (COVID-19/SARS-CoV-2) case," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 136(C).
    20. Jill E. Hobbs, 2020. "Food supply chains during the COVID‐19 pandemic," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 68(2), pages 171-176, June.
    21. Zheng, Wei & Li, Bo & Song, Dong-Ping, 2017. "Effects of risk-aversion on competing shipping lines’ pricing strategies with uncertain demands," Transportation Research Part B: Methodological, Elsevier, vol. 104(C), pages 337-356.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cao, Sheng & Xu, Haicheng & Xu, Yan & Wang, Xiaoshen & Zheng, Yingjie & Li, Yanling, 2023. "Assessment of the integrated benefits of highway infrastructure and analysis of the spatiotemporal variation: Evidence from 29 provinces in China," Socio-Economic Planning Sciences, Elsevier, vol. 90(C).
    2. Yang, Yang & Liu, Qing & Chang, Chia-Hsun, 2023. "China-Europe freight transportation under the first wave of COVID-19 pandemic and government restriction measures," Research in Transportation Economics, Elsevier, vol. 97(C).
    3. Igor Taran & Asem Karsybayeva & Vitalii Naumov & Kenzhegul Murzabekova & Marzhan Chazhabayeva, 2023. "Fuzzy-Logic Approach to Estimating the Fleet Efficiency of a Road Transport Company: A Case Study of Agricultural Products Deliveries in Kazakhstan," Sustainability, MDPI, vol. 15(5), pages 1-14, February.
    4. Ahmed Karam & Abdelrahman E. E. Eltoukhy & Ibrahim Abdelfadeel Shaban & El-Awady Attia, 2022. "A Review of COVID-19-Related Literature on Freight Transport: Impacts, Mitigation Strategies, Recovery Measures, and Future Research Directions," IJERPH, MDPI, vol. 19(19), pages 1-27, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rinaldi, Marta & Bottani, Eleonora, 2023. "How did COVID-19 affect logistics and supply chain processes? Immediate, short and medium-term evidence from some industrial fields of Italy," International Journal of Production Economics, Elsevier, vol. 262(C).
    2. Vijaya Bandyopadhyaya & Ranja Bandyopadhyaya, 2024. "Understanding the Impact of COVID-19 Pandemic Outbreak on Grocery Stocking Behaviour in India: A Pattern Mining Approach," Global Business Review, International Management Institute, vol. 25(3), pages 750-770, June.
    3. Bianco, Débora & Bueno, Adauto & Godinho Filho, Moacir & Latan, Hengky & Miller Devós Ganga, Gilberto & Frank, Alejandro G. & Chiappetta Jabbour, Charbel Jose, 2023. "The role of Industry 4.0 in developing resilience for manufacturing companies during COVID-19," International Journal of Production Economics, Elsevier, vol. 256(C).
    4. Paul, Sanjoy Kumar & Chowdhury, Priyabrata & Moktadir, Md. Abdul & Lau, Kwok Hung, 2021. "Supply chain recovery challenges in the wake of COVID-19 pandemic," Journal of Business Research, Elsevier, vol. 136(C), pages 316-329.
    5. Yang, Yang & Liu, Qing & Chang, Chia-Hsun, 2023. "China-Europe freight transportation under the first wave of COVID-19 pandemic and government restriction measures," Research in Transportation Economics, Elsevier, vol. 97(C).
    6. Magdalena Osińska & Wojciech Zalewski, 2023. "Vulnerability and resilience of the road transport industry in Poland to the COVID-19 pandemic crisis," Transportation, Springer, vol. 50(1), pages 331-354, February.
    7. Muhammad Umar Farooq & Amjad Hussain & Tariq Masood & Muhammad Salman Habib, 2021. "Supply Chain Operations Management in Pandemics: A State-of-the-Art Review Inspired by COVID-19," Sustainability, MDPI, vol. 13(5), pages 1-33, February.
    8. Heffron, Raphael J. & Körner, Marc-Fabian & Schöpf, Michael & Wagner, Jonathan & Weibelzahl, Martin, 2021. "The role of flexibility in the light of the COVID-19 pandemic and beyond: Contributing to a sustainable and resilient energy future in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 140(C).
    9. Dirzka, Christopher & Acciaro, Michele, 2022. "Global shipping network dynamics during the COVID-19 pandemic's initial phases," Journal of Transport Geography, Elsevier, vol. 99(C).
    10. Chowdhury, Priyabrata & Paul, Sanjoy Kumar & Kaisar, Shahriar & Moktadir, Md. Abdul, 2021. "COVID-19 pandemic related supply chain studies: A systematic review," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 148(C).
    11. Wichmann, Bruno & Wichmann, Roberta, 2022. "COVID-19 and Indigenous health in the Brazilian Amazon," Economic Modelling, Elsevier, vol. 115(C).
    12. Atif Saleem Butt, 2022. "Mitigating the Spread of COVID-19: What are firms doing and what they need to do?," SAGE Open, , vol. 12(1), pages 21582440211, January.
    13. Ramani, Vinay & Ghosh, Debabrata & Sodhi, ManMohan S., 2022. "Understanding systemic disruption from the Covid-19-induced semiconductor shortage for the auto industry," Omega, Elsevier, vol. 113(C).
    14. Bai, Xiwen & Xu, Ming & Han, Tingting & Yang, Dong, 2022. "Quantifying the impact of pandemic lockdown policies on global port calls," Transportation Research Part A: Policy and Practice, Elsevier, vol. 164(C), pages 224-241.
    15. Anker, Thomas Boysen, 2021. "At the boundary: Post-COVID agenda for business and management research in Europe and beyond," European Management Journal, Elsevier, vol. 39(2), pages 171-178.
    16. Corazza, Maria Vittoria & Musso, Antonio, 2021. "Urban transport policies in the time of pandemic, and after: An ARDUOUS research agenda," Transport Policy, Elsevier, vol. 103(C), pages 31-44.
    17. Priom Mahmud & Sanjoy Kumar Paul & Abdullahil Azeem & Priyabrata Chowdhury, 2021. "Evaluating Supply Chain Collaboration Barriers in Small- and Medium-Sized Enterprises," Sustainability, MDPI, vol. 13(13), pages 1-28, July.
    18. Paul, Ananna & Shukla, Nagesh & Trianni, Andrea, 2023. "Modelling supply chain sustainability challenges in the food processing sector amid the COVID-19 outbreak," Socio-Economic Planning Sciences, Elsevier, vol. 87(PA).
    19. Papanagnou, Christos & Seiler, Andreas & Spanaki, Konstantina & Papadopoulos, Thanos & Bourlakis, Michael, 2022. "Data-driven digital transformation for emergency situations: The case of the UK retail sector," International Journal of Production Economics, Elsevier, vol. 250(C).
    20. Tang, Lianhua & Li, Yantong & Bai, Danyu & Liu, Tao & Coelho, Leandro C., 2022. "Bi-objective optimization for a multi-period COVID-19 vaccination planning problem," Omega, Elsevier, vol. 110(C).

    More about this item

    Keywords

    COVID-19 pandemic; Logistics; Lockdown policy; Toll-free highway policy;
    All these keywords.

    JEL classification:

    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:93:y:2022:i:c:s0739885922000087. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.