IMECH-IR  > 流固耦合系统力学重点实验室
Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport-From the Perspective of Energy Economy
Chou CC1; Shen CW2; Gao DP(高大鹏)3; Gao Y4; Wang K5; Tsai SB1,6
Source PublicationENERGIES
2018-05-01
Volume11Issue:5Pages:1151
ISSN1996-1073
Abstract

While the introduction of a high speed rail (HSR) provides passengers with another more environmentally friendly, convenient, and time-saving transport option, it also disrupts the existing passenger transport market. This study adopts time series analysis to model the dynamic competition in a regional passenger transport market when an HSR is introduced. The analyses include examining the long-run equilibrium and causal relationships, and the short-run causality and dynamic relationships between transport modes. In addition, based on the model we conduct impulse response tests and variance decomposition tests to further interpret the interactions between two transport modes. An empirical study is carried out, and the findings indicate that the HSR has a negative impact on conventional rail and air transport in the long-run. In the short-run dynamics, the air passenger transport volume could be regarded as a good predictor of HSR passenger volume. In turn, the HSR passenger volume could be used to predict conventional rail transport volume. The operations of HSR and conventional rail are complementary in the short term. From the short-run market viewpoint, the HSR and conventional rail meet different kinds of passenger demand. Therefore, a previous increased passenger volume for the HSR implies an overall increasing demand for regional transport. Consequently, the past increased HSR passenger volume could be used to predict the growth of conventional rail transport. Through the impulse response test, we can further track the responses of the three transport modes to the shocks from themselves and each other.

KeywordEnergy Consumption High Speed Rail Conventional Rail Transport Regional Public Transport Energy Saving Energy Economy
DOI10.3390/en11051151
Indexed BySCI ; EI
Language英语
WOS IDWOS:000435610300129
WOS KeywordPhotovoltaic Cell Industry ; Air Transport ; Demand ; Future ; Train ; Cointegration ; Service ; Cost
WOS Research AreaEnergy & Fuels
WOS SubjectEnergy & Fuels
Funding OrganizationChina Natural Science Foundation(71602016) ; National Natural Science Foundation of China(71702114) ; Zhongshan City Science and Technology Bureau Project(2017B1015)
Classification二类
Ranking3
Citation statistics
Document Type期刊论文
Identifierhttp://dspace.imech.ac.cn/handle/311007/77639
Collection流固耦合系统力学重点实验室
Corresponding AuthorGao DP(高大鹏); Wang K; Tsai SB
Affiliation1.Univ Elect Sci & Technol China, Sch Business, Zhongshan Inst, Zhongshan 528402, Peoples R China
2.Natl Cent Univ, Dept Business Adm, Taoyuan 32001, Taiwan
3.Chinese Acad Sci, Inst Mech, Beijing 100190, Peoples R China
4.Dalian Univ Technol, Sch Business, Panjin 124221, Peoples R China
5.Capital Univ Econ & Business, Coll Business Adm, Beijing 100070, Peoples R China
6.Civil Aviat Univ China, Res Ctr Environm & Sustainable Dev China Civil Av, Tianjin 300300, Peoples R China
Recommended Citation
GB/T 7714
Chou CC,Shen CW,Gao DP,et al. Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport-From the Perspective of Energy Economy[J]. ENERGIES,2018,11(5):1151.
APA Chou CC,Shen CW,Gao DP,Gao Y,Wang K,&Tsai SB.(2018).Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport-From the Perspective of Energy Economy.ENERGIES,11(5),1151.
MLA Chou CC,et al."Modelling the Dynamic Impacts of High Speed Rail Operation on Regional Public Transport-From the Perspective of Energy Economy".ENERGIES 11.5(2018):1151.
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