ABSTRACT
This study investigates the effects of high-speed rail (HSR) on China’s air passenger transport from the perspective of airports. The difference-in-differences approach is used with unbalanced panel data of 206 airports over the period from 2006 to 2015. Our estimation results found that the negative effects of HSR on the growth rate of China’s air passengers is both statistically and economically significant. However, these adverse effects are not catastrophic.
Disclosure statement
No potential conflict of interest was reported by the authors.
Notes
1 CEIC data, https://www.ceicdata.com.
2 China had 208 civil airports during 2006–2015, 2 of which were not in operation in 2015.