Does European high-speed rail affect the current level of air services? An EU-wide analysis |
| |
Institution: | 1. School of International Trade and Economics, University of International Business and Economics, Beijing, China;2. Sauder School of Business, University of British Columbia, Vancouver, BC, Canada;3. Sauder School of Business, University of British Columbia, Vancouver, BC, Canada;4. School of Economics and Management, Anhui Normal University, Wuhu 241000, China |
| |
Abstract: | This paper analyses whether the current provision of air services in Europe is impacted by high-speed rail (HSR). An ex-post analysis is carried out considering 161 routes EU-wide using transnational data. We use censored regressions with special attention paid to the presence of outliers in the sample and to the potential problem of non-normality of error terms. It is found that shorter HSR travel times involve less air services, with similar impact on both airline seats and flights. This impact quickly drops between 2.0- and 2.5-h HSR travel time. The impact of HSR frequencies is much more limited. Hubbing strategies led by the airlines have the opposite effect from HSR, as hubs involve more air services. Airline/HSR integration at the airport and cities being served by both central and peripheral stations have no significant impact. Metropolitan and national spatial patterns may help to better understand intermodal effects. |
| |
Keywords: | Air transport High-speed rail Intermodal competition Europe Censored regressions |
本文献已被 ScienceDirect 等数据库收录! |
|