2018
DOI: 10.3390/en11051151
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Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport—From the Perspective of Energy Economy

Abstract: While the introduction of a high speed rail (HSR) provides passengers with another more environmentally friendly, convenient, and time-saving transport option, it also disrupts the existing passenger transport market. This study adopts time series analysis to model the dynamic competition in a regional passenger transport market when an HSR is introduced. The analyses include examining the long-run equilibrium and causal relationships, and the short-run causality and dynamic relationships between transport mod… Show more

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Cited by 6 publications
(6 citation statements)
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“…On the other hand, tourism can retard the overheating of the development of the economy as it is less influenced by economic factors [47,48]. Therefore, tourism cities can enjoy the benefits from coordination between the development of finance and the growth of the tourism industry, to avoid the negative effects from outside shocks and maintain sustainability [49][50][51][52][53][54][55][56][57][58][59][60].…”
Section: Resultsmentioning
confidence: 99%
“…On the other hand, tourism can retard the overheating of the development of the economy as it is less influenced by economic factors [47,48]. Therefore, tourism cities can enjoy the benefits from coordination between the development of finance and the growth of the tourism industry, to avoid the negative effects from outside shocks and maintain sustainability [49][50][51][52][53][54][55][56][57][58][59][60].…”
Section: Resultsmentioning
confidence: 99%
“…Yang et al, (2018) find that the introduction of HSR typically results in a 27% decrease in demand for airlines [23]. Chou et al, (2018) find that, in the long term, HSR has an adverse impact on traditional rail and airlines, and in the short term, it meets different passenger needs [24]. The competition between HSR and airlines in Western Europe was examined by Dobruszkes (2011), who also carried out an empirical analysis of five city pairings.…”
Section: High-speed Rail System and Other Transportation Modesmentioning
confidence: 99%
“…According to the power structure of the supply chain members, there are three kinds of supply chain structure, i.e., no channel leader (model N), manufacturer as channel leader (model M), and retailer as channel leader (model R). In the next section, we apply the differential game theory to solve the open-loop control strategy [29][30][31][32][33][34][35].…”
Section: Notation Definition ρmentioning
confidence: 99%