The impact of high-speed technology on railway demand

• Type: Article in International Scientific Journal
• Date: 2008

Authors

António Couto (Author) FEUP; Daniel J. Graham (Author) Other

Journal

Title: Transportation

Vol. 35 No. 1

Pages: 111-128

ISSN: 0049-4488

Publisher: Springer Nature

Indexing

ISI Web of Knowledge - 12 Citations

ISI Web of Science

Scopus - 12 Citations

Scientific classification

FOS: Social sciences > Economics and Business

CORDIS: Social sciences > Economics > Transport economics

Other information

Authenticus ID: P-004-4YN

DOI: 10.1007/s11116-007-9138-4

Abstract (EN): This paper estimates a passenger railway demand function to analyse effects arising from the introduction and use of high-speed technologies. The paper reports estimates of demand elasticities with respect to price, income, quality of service and a range of exogenous characteristics. The results show that travel time savings from conventional high-speed technology have a larger impact on passenger demand than tilting train technology. The introduction of conventional high-speed technology is associated with an 8% increase in passenger railway demand. Increasing the use of either type of high-speed technology appears to induce small positive effects on demand beyond those obtained from usual traffic density increases on non-high-speed existing technology.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 18