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Competition of high-speed train with air transport: The case of Madrid–Barcelona

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  • Román, Concepción
  • Espino, Raquel
  • Martín, Juan Carlos

Abstract

This paper analyzes the potential competition of the high-speed train with the air transport between Madrid and Barcelona. The analysis estimates disaggregated mode choice models using information provided by mixed revealed and stated preferences database. We obtained different willingness-to-pay measures for improving service quality. In general, values for travel time savings are higher for mandatory trips and increases as the level of comfort falls. We also obtained a high willingness-to-pay estimate for reductions in delay time, being higher in the case of high-speed train than for air transport. Demand responses to various policy scenarios that consider the potential competition between high-speed train and air transport are examined.

Suggested Citation

  • Román, Concepción & Espino, Raquel & Martín, Juan Carlos, 2007. "Competition of high-speed train with air transport: The case of Madrid–Barcelona," Journal of Air Transport Management, Elsevier, vol. 13(5), pages 277-284.
  • Handle: RePEc:eee:jaitra:v:13:y:2007:i:5:p:277-284
    DOI: 10.1016/j.jairtraman.2007.04.009
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    References listed on IDEAS

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    1. Jara-Díaz, Sergio R. & Farah, Marcelo, 1987. "Transport demand and users' benefits with fixed income: The goods/leisure trade off revisited," Transportation Research Part B: Methodological, Elsevier, vol. 21(2), pages 165-170, April.
    2. Raquel Espino & Concepción Román & Juan Ortúzar, 2006. "Analysing Demand for Suburban Trips: A Mixed RP/SP Model with Latent Variables and Interaction Effects," Transportation, Springer, vol. 33(3), pages 241-261, May.
    3. Louviere,Jordan J. & Hensher,David A. & Swait,Joffre D. With contributions by-Name:Adamowicz,Wiktor, 2000. "Stated Choice Methods," Cambridge Books, Cambridge University Press, number 9780521788304, December.
    4. F Bruinsma & P Rietveld, 1998. "The Accessibility of European Cities: Theoretical Framework and Comparison of Approaches," Environment and Planning A, , vol. 30(3), pages 499-521, March.
    5. Cherchi, Elisabetta & Ortúzar, Juan de Dios, 2006. "On fitting mode specific constants in the presence of new options in RP/SP models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(1), pages 1-18, January.
    6. McFadden, Daniel, 1974. "The measurement of urban travel demand," Journal of Public Economics, Elsevier, vol. 3(4), pages 303-328, November.
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