Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/65427
Title: Airlines’ reaction to high-speed rail entries : empirical study of the northeast Asian market
Authors: Wan, Y 
Ha, HK
Yoshida, Y
Zhang, A
Keywords: Airline available seats
Difference-in-difference estimator
High-speed rail
Northeast Asia
Propensity score matching
Issue Date: 2016
Publisher: Pergamon Press
Source: Transportation research. Part A. Policy and practice, 2016, v. 94, p. 532-557 How to cite?
Journal: Transportation research. Part A. Policy and practice 
Abstract: We investigate the impact of the commencement of high-speed rail (HSR) services on airlines’ domestic available seats on affected routes in China, Japan, and South Korea. The study is based on a dataset covering the 1994–2012 period. We use the propensity score matching method to pair HSR affected routes with routes without HSR services. The difference-in-difference approach is used to estimate the impact of HSR entry. We find that HSR entries may, on average, lead to a more significant drop in airlines’ seat capacity in China than in Japan and Korea given similar HSR service speed. In China, HSR services with a maximum speed about 200 km/h can produce strong negative impacts on medium-haul air routes but induce more air seat capacity on long-haul routes. HSR services with a maximum speed of 300 km/h have little extra impact on medium-haul routes but a strong negative impact on long-haul routes. Finally, although HSR has a strong negative impact in Japan's short-haul and medium-haul air markets, little impact is observed in its long-haul markets.
URI: http://hdl.handle.net/10397/65427
ISSN: 0965-8564
DOI: 10.1016/j.tra.2016.10.014
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