Competitive Interaction between Airports, Airlines and High-Speed Rail
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The Economic Effects of High-Speed Rail Investment
International Transport Forum
The allocation of traffic between different transport modes follows transport user decisions which depend on the generalised cost of travel in the available alternatives. High-Speed Rail (HSR) investment is a government decision with significant effects on the generalised cost of rail transport; and therefore on the modal split in corridors where private operators compete for traffic and charge prices close to total producer costs (infrastructure included).
Also available in: French
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