An analysis of travel demand in Japan's intercity market: Empirical estimation and policy simulation

Xiaowen Fu, Tae H. Oum, Jia Yan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

55 Citations (Scopus)

Abstract

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 2 emission taxation on the demands for airline and HSR modes. It is found that: (a) there is clear product differentiation between air and rail travel; (b) Japanese consumers are sensitive to travel time and frequency; (c) the proposed Tokyo-Osaka HSR services would drive airlines out of the route while stimulating substantial new traffic; and (d) CO2 taxation would have a moderate impact on modal shift.

Original languageEnglish
Pages (from-to)97-113
Number of pages17
JournalJournal of Transport Economics and Policy
Volume48
Issue numberPART 1
Publication statusPublished - 1 Jan 2014
Externally publishedYes

ASJC Scopus subject areas

  • Transportation
  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

Cite this