Journal
TRANSPORTATION RESEARCH PART E-LOGISTICS AND TRANSPORTATION REVIEW
Volume 42, Issue 2, Pages 95-104Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.tre.2005.09.003
Keywords
aviation demand; Korea train express; stated preference utility function
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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. (c) 2005 Elsevier Ltd. All rights reserved.
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