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Title: Impact of the new high speed trains on mobility
Other Titles: Impacto de los nuevos trenes ave sobre la movilidad
Authors: Martín Hernández, Juan Carlos 
Nombela Merchan, Gustavo 
UNESCO Clasification: 531212 Transportes y comunicaciones
Keywords: Trenes de alta velocidad
Issue Date: 2008
Publisher: 1133-455X
Journal: Revista de Economia Aplicada 
Abstract: This work analyzes the impact of the new network of High Speed Trains (HST) currently being developed in Spain. A multinomial logit model is estimated from which elasticities of demand with respect to basic variables (travel times, frequency and price) are calculated. Results indicate that travelers'decisions depend strongly on travel times and, consequently, railways are expected to capture large market shares in the near future due to travel time savings. However, the impact varies according to the type of route and also depends on the competitive reaction from airlines.
ISSN: 1133-455X
Source: Revista de Economia Aplicada[ISSN 1133-455X],v. 16, p. 5-23
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