In this paper, we analytically study the performance of two topologies of high-speed rail (HSR) networks: isolated-corridors and grid networks. We evaluate how HSR configuration affects capacity of newly developed infrastructure, profits and social welfare by considering a number of factors,...

This paper examines revenue structure, regulation, and market power of airports, and how they affect airport's services to airlines and influence the form of vertical relationship between airport and airlines, and thus, eventually on competition in airline markets. In addition, we also examine...

Numerous studies on the aviation industry have confirmed that significant benefits can be brought by liberalizing the international market. After a comprehensive review of the recent studies on this issue, Fu and Oum (2014) concluded that there is strong evidence that liberalisation introduces...

This study estimates a travel demand model in Japan's intercity market with aggregate OD data. The estimated model is used to estimate the effects of introducing super high-speed-rail (HSR), and alternative levels of CO<SUB>2</SUB> emission taxation on the demands for airline and HSR modes. It is found...</sub>

This study analytically compares the performance of ex ante price-cap airport regulation vs. ex post light-handed airport regulation in the presence of demand uncertainty. Our modeling results suggest that light-handed regulation is a promising method which may lead to higher welfare than...

This paper measures and compares the performance of 10 major North American airlines in terms of residual total factor productivity, cost competitiveness, and residual average yields during the period 1990-2001. Our key findings are: (a) the airlines in North American improved productive...