Using synthetic control method to evaluate the effect of a competitor's entry into high-speed rail market

Evgeniia Shtele and Paolo Beria

Research in Transportation Economics, 2025, vol. 112, issue C

Abstract: On-track competition in railway markets has emerged relatively recently as a result of European liberalization. Early-adopter countries such as Austria, Czechia, Sweden, and Italy provide instructive cases for assessing the initial impacts, which include fare reductions, service enhancements and more frequent operations, often accompanied by surging demand.

Keywords: High-speed rail; Synthetic control method; Market competition; Rail liberalization; Fare analysis (search for similar items in EconPapers)
JEL-codes: C33 L13 L92 R48 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1016/j.retrec.2025.101560

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