Analysis of the impact of high-speed railroad service on air transport demand

There has recently been a rather large reduction of between 34% and 75% in domestic aviation demand in Korea. The two primary causes were the introduction of several new highway services and the fact that Korea Train Express (KTX) began operating a route between Seoul and Daegu in April 2004. This s...

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Bibliographic Details
Published in:Transportation research. Part E, Logistics and transportation review Logistics and transportation review, 2006-03, Vol.42 (2), p.95-104
Main Authors: Park, Yonghwa, Ha, Hun-Koo
Format: Article
Language:English
Subjects:
Airline industry
Aviation demand
Aviation demand Korea train express Stated preference Utility function
Demand
Impact analysis
Korea train express
Light rail transportation
Stated preference
Studies
Utility function
Utility functions
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Summary:There has recently been a rather large reduction of between 34% and 75% in domestic aviation demand in Korea. The two primary causes were the introduction of several new highway services and the fact that Korea Train Express (KTX) began operating a route between Seoul and Daegu in April 2004. This study analyzes the effects on air traffic demand in terms of the impact of the opening of KTX by applying the Stated Preference (SP) survey method. The survey was conducted 8 months prior to the opening of the KTX.
ISSN:1366-5545
1878-5794
DOI:10.1016/j.tre.2005.09.003