Price impact of high-speed rail competition between multiple full-service and low-cost operators on less congested corridors in Spain

Claudio Brenna

Transport Policy, 2024, vol. 156, issue C, 77-88

Abstract: The Spanish passenger railway market saw the entrance of two competitors in 2022–2023: the full-service operator Iryo and the low-cost operator Ouigo. Using a unique dataset of Spanish ticket price collected throughout an entire year and the Diff-In-Diff method, this paper investigates the impact on incumbent's prices of newcomers' entrance on the less congested corridors Madrid - Alicante and Madrid - Malaga/Sevilla.

Keywords: High-speed rail; Open access competition; Railways; Liberalisation; Spain; Renfe; Iryo; Ouigo (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:156:y:2024:i:c:p:77-88

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DOI: 10.1016/j.tranpol.2024.07.013

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