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The effects of high-speed rail on air passenger transport in China |
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| Authors: | Yongtao Li Bo Yang |
| Institution: | 1. Research Center for the Economies and Politics of Transitional Countries, Liaoning University, Shenyang, China;2. Collaborative Innovative Center for Aviation Economy Development of Henan Province, Zhengzhou University of Aeronautics, Henan Zhengzhou, China;3. School of Economy and Trade, Zhengzhou University of Aeronautics, Henan Zhengzhou, China |
| Abstract: | This study investigates the effects of high-speed rail (HSR) on China’s air passenger transport from the perspective of airports. The difference-in-differences approach is used with unbalanced panel data of 206 airports over the period from 2006 to 2015. Our estimation results found that the negative effects of HSR on the growth rate of China’s air passengers is both statistically and economically significant. However, these adverse effects are not catastrophic. |
| Keywords: | High-speed rail air passenger transport China airport |