Browsing by author "Fu, Xiaowen"
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Air Transport Services in Regional Australia – Demand pattern, frequency choice and airport entry
Zhang, Yahua; Wang, Kun; Fu, XiaowenPublished 2016-10-01This study investigates the development of the aviation market at Australia’s top 50 regional airports during 2005-2013. Demand estimation results suggest that a higher commodity price increases traffic volume in markets ...Open AccessWorking Paper -
Airline Horizontal Mergers and Productivity: Empirical Evidence from a Natural Experiment in China
Yan, Jia; Fu, Xiaowen; Oum, Tae Hoon; Wang, KunPublished 2017-05-01The identification of possible efficiency gains is a core issue in the analysis of mergers. However, empirical studies are generally subject to bias caused by merger endogeneity. In the early 2000s, the Chinese government ...Open AccessWorking Paper -
Airline Network Choice and Configuration
Tu, Ningwen; Li, Zhi-Chun; Fu, Xiaowen; Lei, ZhengPublished 2019-03-01As an increasing number of countries liberalize their skies, some airlines, notably carriers in the Middle East, have been able to extend their hub-and-spoke networks beyond domestic borders. This allows them to serve ...Open AccessWorking Paper -
Airport capacity choice under airport-airline vertical arrangements
Xiao, Yibin; Fu, Xiaowen; Zhang, AnmingPublished 2015-03-01This study investigates the effects of airport-airline vertical arrangements on airport capacity choices under demand uncertainty. A multi-stage game is analyzed, in which competing airlines contribute to capacity investments ...Open AccessWorking Paper -
Duopoly Competition between Airline Groups with Dual-brand Services - The case of the Australian domestic market
Zhang, Yahua; Sampaio, Breno; Fu, XiaowenPublished 2016-11-01The Australian aviation industry achieved substantial growth after the abolition of the “two-airline-policy” in 1990. With Virgin’s purchase of Tiger Airways, a new duopoly between two airlines groups, each consisting of ...Open AccessWorking Paper -
Emission charge and liner shipping network configuration ‐ an economic investigation of the Asia‐Europe route
Dai, Wayne Lei; Fu, Xiaowen; Yip, Tsz Leung; Hu, Hao; Wang, KunPublished 2015-12-01This paper models shipping lines’ operational costs and CO2 emissions under alternative geographic network configurations when an emission charge is imposed on operations from Asia to Europe. Our modeling results suggest ...Open AccessWorking Paper -
Entry patterns of low‐cost carriers in Hong Kong and implications to the regional market
Wang, Kung; Tsui, Kan Wai Hong; Liang, Liping; Fu, XiaowenPublished 2016-01-01This study aims to provide a better understanding of Asia’s lowcost carriers (LCCs) by empirically analysing their route entry patterns in Hong Kong. Two alternative models have been tested, namely a standard probit model ...Open AccessWorking Paper -
Environmental Costs and Economics Implications of Container Shipping in the Northern Sea Route
Zhua, Shengda; Fu, Xiaowen; Adolf, Ng; Luo, MeifengPublished 2018-04-01The Northern Sea Route (NSR) has tremendous potential for marine shipping between Europe and Asia in terms of savings in transport time and distance. However, the Arctic area is environmentally vulnerable thus there is a ...Open AccessWorking Paper -
The impacts of airport activities on regional economy - An empirical analysis of New Zealand
Fu, Xiaowen; Tsui, Kan; Sampaio, Breno; Tan, David Tat WeiPublished 2018-04-01This study investigates the impacts of airport activities on regional economies using annual data on 22 regions and airports in New Zealand from 1996 to 2016. Studying all regions of an island country avoids the sample ...Open AccessWorking Paper -
Inland shipping network of LNG-fueled ships under emission control, - The case of China’s Belt and Road shipping corridor along the Yangtze river
Hang, Yu; Bell, Michael G H; Fu, Xiaowen; Ged, Ying-EnPublished 2019-05-01Liquefied natural gas (LNG) is used as an environmentally friendly source of fuel for inland river shipping in selected markets. However, the investment costs for bunkering stations and the price volatility of LNG have ...Open AccessWorking Paper -
Investigating the impacts of introducing emission trading scheme to shipping industry
Wang, Kun; Fu, Xiaowen; Luo, MeifengPublished 2013-05-01Although international shipping is the most energy efficient means of transportation in terms of unit CO2 emission per tone-mile cargo shipped, due to enormous cargo volume and continuous growth, it still contributes a ...Open AccessWorking Paper -
Modeling airport capacity choice with real options
Xiao, Yibin; Fu, Xiaowen; Oum, Tae H.; Yan, JiaPublished 2016-02-01This study analyzes optimal choice of the airport capacity to invest immediately (the prior capacity) and the size of real option to acquire for possible future expansion. Facing demand uncertainty, an airport first chooses ...Open AccessWorking Paper -
Modeling the effects of unilateral and uniform emission regulations under shipping company and port competition
Sheng, Dian; Li, Zhi‐Chun; Fu, Xiaowen; Gillen, DavidPublished 2017-01-01This study develops an integrated model to investigate the economic and environmental effects of a unilateral maritime emission regulation vis-à-vis a uniform maritime emission regulation. The proposed model explicitly ...Open AccessWorking Paper -
Modeling the Impacts of Alternative Emission Trading Schemes on International Shipping
Wang, Kun; Fu, Xiaowen; Luo, MeifengPublished 2014-04-01Various market-based measures have been proposed to reduce CO2 emissions from international shipping. One promising mechanism under consideration is the Emission Trading Scheme (ETS). This study analyzes and benchmarks the ...Open AccessWorking Paper -
Modeling the Potential for Aviation Liberalization in Central Asia - Market analysis and implications for the Belt and Road initiative
Wang, Kun; Fu, Xiaowen; Czerny, Achim I.; Hua, Guowei; Lei, ZhengPublished 2018-05-01This study analyzes aviation markets in the five land-locked countries in Central Asia. Panel data spanning from 2007 to 2015 are used to estimate airline entry patterns in origin-destination markets. Econometric estimates ...Open AccessWorking Paper -
Port Investments on Coastal and Marine Disasters Prevention: An Economic and Policy Investigation
Xiao, Yi-bin; Fu, Xiaowen; Ng, Adolf K.Y.; Zhang, AnmingPublished 2014-09-01Located along shorelines, seaports are highly vulnerable to coastal and marine natural disasters. Damage caused by disasters can be prevented or alleviated if sufficient investments are made in a timely manner. However, ...Open AccessWorking Paper -
Post Pandemic Aviation Market Recovery: Focus on Changes in China
Czerny, Achim; Fu, Xiaowen; Lei, Zheng; Qum, Tae. H.Published 2020China was the first aviation market in the world hit hard by the COVID-19 and has been recovering gradually as the pandemic became largely under control within mainland China. This study reviews the recovery pattern ...Open AccessWorking Paper -
Shipping network design in a growth market: The case of Indonesia
Tu, Ningwen; Adiputranto, Dimas; Fu, Xiaowen; Li, Zhi-ChunPublished 2017-04-01This paper investigates the design issues of a shipping network when cargo demand increases rapidly. A gravity-type model for origin-destination (OD) demand estimation is first presented and calibrated based on the current ...Open AccessWorking Paper -
Vertical Integration and its Implications to Port Expansion
Zhu, Shengda; Zheng, Shiyuan; Ge, Ying-En; Fu, Xiaowen; Sampaio, Breno; Jiang, ChangminPublished 2019-06-01Over the years many shipping lines have established terminal operation companies, with some set up as independent firms. However, port authorities and local governments have not always welcomed external investment and ...Open AccessWorking Paper -
Why Chinese airlines haven’t become leading cargo carriers - analyzing air freight network and international trade drivers for mainland China
Gong, Qiang; Wang, Kun; Fan, Xingli; Fu, XiaowenPublished 2014-10-01In contrast to the tremendous growth in the passenger sector, Chinese airlines and logistics operators still play relatively minor roles in the world’s air cargo market. This study investigates the air freight network ...Open AccessWorking Paper
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