Journal
JOURNAL OF AIR TRANSPORT MANAGEMENT
Volume 65, Issue -, Pages 181-190Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.jairtraman.2017.06.008
Keywords
Air transport; High-speed rail; Integration; Connecting time; Welfare
Categories
Funding
- Social Science and Humanities Research Council of Canada (SSHRC) [410-2011-0569]
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Air-rail integration has become a popular idea to relieve airport congestion and environmental impact of transport industry, especially amid the fast expansion of high-speed rail network around the world. This study examines the circumstances under which air-rail integration can be better justified, by focusing on the effects of reducing air-rail connecting time on transport operators' profits, consumer surplus, and social welfare. We show that while consumers always benefit from less air-rail connecting time (an integrated hub with seamless transfer between air and rail services is always preferred by passengers), operators of the two modes, air transport and high-speed rail, won't have an incentive to integrate unless the cost of integration is sufficiently low. Nonetheless, reducing air-rail connecting time enhances total surplus when the hub airport suffers from a certain degree of capacity constraint and the cost of air-rail integration is not too high. (C) 2017 Elsevier Ltd. All rights reserved.
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