Air and high-speed rail transport integration on profits and welfare: Effects of air-rail connecting time

@inproceedings{Xia2017AirAH,
  title={Air and high-speed rail transport integration on profits and welfare: Effects of air-rail connecting time},
  author={Wenyi Xia and Anming Zhang},
  year={2017}
}
Air-rail integration has become a popular idea to relieve airport congestion and environmental impact of transport industry, especially amid the fast expansion of high-speed rail network around the world. This study examines the circumstances under which air-rail integration can be better justified, by focusing on the effects of reducing air-rail connecting time on transport operators' profits, consumer surplus, and social welfare. We show that while consumers always benefit from less air-rail… CONTINUE READING

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