Effects of Beijing-Shanghai high-speed rail on air travel: Passenger types, airline groups and tacit collusion

Research in Transportation Economics - Tập 74 - Trang 64-76 - 2019
Wenliang Ma1, Qiang Wang1, Hangjun Yang1, Anming Zhang2,1, Yahua Zhang3
1School of International Trade and Economics, University of International Business and Economics, Beijing, China
2Sauder School of Business, University of British Columbia, Vancouver, Canada
3School of Commerce, University of Southern Queensland, Toowoomba, Queensland, Australia

Tóm tắt

Từ khóa


Tài liệu tham khảo

Adler, 2010, High-speed rail and air transport competition: Game engineering as tool for cost-benefit analysis, Transportation Research Part B: Methodological, 44, 812, 10.1016/j.trb.2010.01.001

Bailey, 1981, The contestability of airline markets during the transition to deregulation, Law and Contemporary Problems, 44, 125, 10.2307/1191388

Behrens, 2012, Intermodal competition in the London–Paris passenger market: High-speed rail and air transport, Journal of Urban Economics, 71, 278, 10.1016/j.jue.2011.12.005

Bergantino, 2015, The impact of open access on intra-and inter-modal rail competition, A national level analysis in Italy. Transport Policy, 39, 77

Berry, 2010, Tracing the woes: An empirical analysis of the airline industry, American Economic Journal: Microeconomics, 2, 1

Bilotkach, 2012, Regulation, privatization, and airport charges: Panel data evidence from European airports, Journal of Regulatory Economics, 42, 73, 10.1007/s11149-011-9172-1

Castillo-Manzano, 2015, Measuring the substitution effects between high speed rail and air transport in Spain, Journal of Transport Geography, 43, 59, 10.1016/j.jtrangeo.2015.01.008

Chen, 2017, Impacts of high-speed rail on domestic air transportation in China, Journal of Transport Geography, 62, 184, 10.1016/j.jtrangeo.2017.04.002

2007

Ciliberto, 2018

Civil Aviation Administration of China (CAAC), 2015

Clewlow, 2014, The impact of high-speed rail and low-cost carriers on European air passenger traffic, Transport Policy, 33, 136, 10.1016/j.tranpol.2014.01.015

Dobruszkes, 2011, High-speed rail and air transport competition in western Europe: A supply-oriented perspective, Transport Policy, 18, 870

Dobruszkes, 2014, Does European high-speed rail affect the current level of air services? An EU-wide analysis, Transportation Research Part A: Policy and Practice, 69, 461

Evans, 1993, Localized market power in the US airline industry, The Review of Economics and Statistics, 75, 66, 10.2307/2109627

Fageda, 2014, An empirical analysis of a merger between a network and low-cost airlines, Journal of Transport Economics and Policy, 48, 81

Fischer, 2003, Measuring competition in the US airline industry using the Rosse-Panzar test and cross-sectional regression analyses, Journal of Applied Economics, 6, 73, 10.1080/15140326.2003.12040586

Greene, 2000

HTL

Hüschelrath, 2014, Airline networks, mergers, and consumer welfare, Journal of Transport Economics and Policy, 48, 385

Jiang, 2016, Airline network choice and market coverage under high-speed rail competition, Transportation Research Part A: Policy and Practice, 92, 248

Jiménez, 2012, When trains go faster than planes: The strategic reaction of airlines in Spain, Transport Policy, 23, 34, 10.1016/j.tranpol.2012.06.003

Kwoka, 2010, The price effect of eliminating potential competition: Evidence from an airline merger, The Journal of Industrial Economics, 58, 767, 10.1111/j.1467-6451.2010.00433.x

Lee, 2005, The impact of passenger mix on reported “hub premiums” in the US airline industry, Southern Economic Journal, 72, 372, 10.2307/20062116

Li, 2016

Li, 2016, Forecasting passenger travel demand for air and high-speed rail integration service: A case study of Beijing-guangzhou corridor, China, Transportation Research Part A: Policy and Practice, 94, 397

Martín, 2007, Microeconomic impacts of investments in high speed trains in Spain, The Annals of Regional Science, 41, 715, 10.1007/s00168-007-0116-8

Ma, 2018

Ma, 2018

Morrison, 1995

2011

NetEase, 2016, More than half of Chinese HSR services suffer losses, Netease

Peteraf, 1994, Pricing and performance in monopoly airline markets, The Journal of Law and Economics, 37, 193, 10.1086/467311

Román, 2007, Competition of high-speed train with air transport: The case of Madrid-Barcelona, Journal of Air Transport Management, 13, 277, 10.1016/j.jairtraman.2007.04.009

Shi, 2017

Staphan, 2010, Cartel laws undermined: Corruption, social norms, and collectivist business cultures, Journal of Law and Society, 37, 345, 10.1111/j.1467-6478.2010.00507.x

Sun, 2017, Air transport versus high-speed rail: An overview and research agenda, Journal of Advanced Transportation, 2017, 1, 10.1155/2017/9387302

The Economist

Vasigh, 2018

Wang, 2018

Wang, 2015, Competition of high-speed rail and air transport: Present and future, Journal of Geographical Sciences, 25, 1137, 10.1007/s11442-015-1224-5

Wang, 2018, Effects of train speed on airline demand and price: Theory and empirical evidence from a natural experiment, Transportation Research Part B: Methodological, 114, 99, 10.1016/j.trb.2018.05.017

Wan, 2016, Airlines' reaction to high-speed rail entries: Empirical study of the Northeast Asian market, Transportation Research Part A: Policy and Practice, 94, 532

Wei, 2017, Demand shocks, airline pricing, and high-speed rail substitution: Evidence from the Chinese market, Journal of Transport Economics and Policy, 51, 266

Xia, 2016, High-speed rail and air transport competition and cooperation: A vertical differentiation approach, Transportation Research Part B: Methodological, 94, 456, 10.1016/j.trb.2016.10.006

Yang, 2018, The implications of high-speed railways on air passenger flows in China, Applied Geography, 97, 1, 10.1016/j.apgeog.2018.05.006

Yang, 2012, Effects of high-speed rail and air transport competition on prices, profits and welfare, Transportation Research Part B: Methodological, 46, 1322, 10.1016/j.trb.2012.09.001

Yimga, 2017, Airline on-time performance and its effects on consumer choice behavior, Research in Transportation Economics, 66, 12, 10.1016/j.retrec.2017.06.001

Zhang, 2011, The Shanghai–Beijing “air express” service model and its impact on the pricing behaviour of airlines, Asia Pacific Journal of Tourism Research, 16, 433, 10.1080/10941665.2011.588876

Zhang, 2015, Merger between airlines in financial distress: Does the merger save them?, Competition and Regulation in Network Industries, 16, 66, 10.1177/178359171501600104

Zhang, 2009, The effects of China's airline mergers on prices, Journal of Air Transport Management, 15, 315, 10.1016/j.jairtraman.2009.04.005

Zhang, 2011, Price wars and price collusion in China's airline markets, International Journal of Industrial Organization, 29, 361, 10.1016/j.ijindorg.2010.07.005

Zhang, 2017, Impact of high-speed rail on China's Big Three airlines, Transportation Research Part A: Policy and Practice, 98, 77

Zhang, 2014, Market power and its determinants in the Chinese airline industry, Transportation Research Part A: Policy and Practice, 64, 1

Zhang, 2016, Determinants of air passenger flows in China and gravity model: Deregulation, LCCs, and high-speed rail, Journal of Transport Economics and Policy, 50, 287