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Using synthetic control method to evaluate the effect of a competitor's entry into high-speed rail market

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  • Shtele, Evgeniia
  • Beria, Paolo

Abstract

On-track competition in railway markets has emerged relatively recently as a result of European liberalization. Early-adopter countries such as Austria, Czechia, Sweden, and Italy provide instructive cases for assessing the initial impacts, which include fare reductions, service enhancements and more frequent operations, often accompanied by surging demand.

Suggested Citation

  • Shtele, Evgeniia & Beria, Paolo, 2025. "Using synthetic control method to evaluate the effect of a competitor's entry into high-speed rail market," Research in Transportation Economics, Elsevier, vol. 112(C).
    • Handle: RePEc:eee:retrec:v:112:y:2025:i:c:s0739885925000435
    DOI: 10.1016/j.retrec.2025.101560
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

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