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Demand Shocks, Airline Pricing, and High-speed Rail Substitution Evidence from the Chinese Market

Wei, F; Chen, JH; Zhang, L

Zhang, L (reprint author), Southwestern Univ Finance & Econ, Res Inst Econ & Management, Guanghua Rd 55, Chengdu, Sichuan, Peoples R China.

JOURNAL OF TRANSPORT ECONOMICS AND POLICY, 2017; 51 ( ): 266

Abstract

We study the high-speed rail (HSR) substitution for air travel through the demand shocks triggered by two events: the launch of Beijing-Shanghai high-......

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