Modeling traveler mode choice behavior of a new high-speed rail corridor in China
Yuanqing Wang,
Lei Li,
Li Wang,
Adrian Moore,
Samuel Staley and
Zongzhi Li
Transportation Planning and Technology, 2014, vol. 37, issue 5, 466-483
Abstract:
This study examines mode choice behavior for intercity business and personal/recreational trips. It uses multinomial logit and nested logit methods to analyze revealed preference data provided by travelers along the Yong-Tai-Wen multimodal corridor in Zhejiang, China. Income levels are found to be positively correlated with mode share increases for high-speed rail (HSR), expressway-based bus, and auto modes, while travel time and trip costs are negatively correlated with modal shift. Longer distance trips trigger modal shifts to HSR services but prevent modal shift to expressway-based auto use due to escalation of fuel cost and toll charges. Travelers are less elastic in their travel time and cost for trips by nonexpressway-based auto use modes. The magnitude of elasticity for travel time is higher than trip costs for business trips and lower for personal/recreational trips. The study provides some policy suggestions for transportation planners and decision-makers.
Date: 2014
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:transp:v:37:y:2014:i:5:p:466-483
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DOI: 10.1080/03081060.2014.912420
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