Enhanced Transport Economy Modelling Along the ‘New Silk Road’

Abstract

This paper presents an innovative method to enhance transportation of cargo applied on the ‘New Silk Road’. Allocation of shadow costs gives economic incentives to improve the Eurasian communications by employing the equality principle and the model for Efficient Use of Resources for Optimal Production Economy (EUROPE). The profitability increase, the technology is advanced, the environment and the living conditions improve. A single monetary key factor expresses aspects of interest and enables simultaneous monitoring, managing and evaluation. The method constitutes decision support tools for long-distance transportation at higher policy analysis organizational levels. The results of the case study point at usefulness for the launched methodology to reduce the spillages and losses when transporting cargo by truck along major transport routes. Peace and prosperity are promoted. The major benefits would be higher profits and less residuals.

Keywords

• cargo transportation
• the europe model
• new silk road
• transport model