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The intercity bus market in Germany was deregulated in 2013. As a consequence, there is now a dense network of intercity bus lines. For the first time, the German state-owned railway company Deutsche Bahn AG faces intermodal competition in public intercity passenger land transport on a large...
Persistent link: https://www.econbiz.de/10012102627
In this paper, we evaluate the impact of high-speed train introduction on passenger transport. In particular, we examine whether the introduction of the high-speed train could increase the demand for train travel and substitute the demand for air travel. To address the question, we exploit the...
Persistent link: https://www.econbiz.de/10012182228
The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available alternatives. High Speed Rail (HSR) investment is a government decision with significant effects on the generalized cost of rail transport;...
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The concept of integrated and seamless transport has wide political support but framing effective policies that deliver the desired outcome has proved difficult. This paper builds on and updates earlier work by the author that attempted to analyse the reasons for the relative failure of...
Persistent link: https://www.econbiz.de/10009530306
We develop a method to measure the intensity of competition between firms. Our method, which we call the Best Response Measure (BRM), is related to the conduct parameter method, but avoids the main problems associated with that method. The BRM relies on a very general framework and limited data...
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