Abstract

The development of high-speed rail (HSR) has had a notable impact on modal market shares on the routes on which its services have been implemented. The aim of this study is to analyse whether the HSR expansion in Italy has led to a modal shift from motorway to HSR. We empirically test i) whether HSR openings adjacent to motorway sectors have reduced the total km travelled by light vehicles on these sectors during the period 2001-2017; and ii) whether this reduction has been persistent or even more evident after the opening of on-track competition between two HSR operators. To do so, we carried out a generalized difference-in-differences estimation, using a unique panel dataset that exploits the heterogeneous traffic data within all tolled motorway sectors in a quasi-experimental setting. Our findings reveal that neither HSR openings nor the opening of on-track competition led to a modal shift from motorway to HSR services, as the two transport modes are non-competing. Conversely, both phenomena had a slightly positive impact on motorway traffic. The extent to which HSR demand could be the result of a modal shift from motorways is a relevant issue in any cost-benefit analysis of HSR investments.

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The different versions of the original document can be found in:

https://www.sciencedirect.com/science/article/pii/S0965856420305619,
https://ideas.repec.org/p/ira/wpaper/201910.html,
http://diposit.ub.edu/dspace/handle/2445/140506,
https://EconPapers.repec.org/RePEc:ira:wpaper:201910,
https://academic.microsoft.com/#/detail/2972522246 under the license http://creativecommons.org/licenses/by-nc-nd/3.0/es/
https://api.elsevier.com/content/article/PII:S0965856420305619?httpAccept=text/plain,
http://dx.doi.org/10.1016/j.tra.2020.04.006
under the license https://www.elsevier.com/tdm/userlicense/1.0/
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Published on 01/01/2019

Volume 2019, 2019
DOI: 10.1016/j.tra.2020.04.006
Licence: Other

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