Substitution and Complementarity Effect of Railway Improvement on China’s Airport Passenger Traffic

The recent development of railways brings great challenges for air passenger traffic in China. This paper aims to analyze the impact of railway improvements on the airport passenger traffic. Panel data models are applied to estimation using the data of passenger traffic of main airports and rail stations during 1998 to 2009 in China. The empirical results show that the speed acceleration of railways has a substitution effect on the growth of air passenger traffic. However, improvement of railways does not reduce the airport passenger traffic as a whole, which is inconsistent with expectations. The increase of passengers at rail stations has a positive effect on the concentration at hub airports but a negative effect on regional airports. These findings fill in the research gap left over by previous empirical studies of air-rail competition which has focused on mode-based competition and show some policy implications for air transport network.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: pp 670-677
  • Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2013: Trade, Supply Chain Activities and Transport: Contemporary Logistics and Maritime Issues

Subject/Index Terms

Filing Info

  • Accession Number: 01497158
  • Record Type: Publication
  • ISBN: 9789623677677
  • Files: TRIS
  • Created Date: Oct 29 2013 9:19PM