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Title: Demand adaptation towards new transport modes: the case of high-speed rail in Taiwan
Authors: Li, Yeun-Touh
Schmöcker, Jan-Dirk
Fujii, Satoshi  kyouindb  KAKEN_id  orcid https://orcid.org/0000-0002-6308-6775 (unconfirmed)
Keywords: high-speed rail
demand forecasting
time-series modelling
trend
adaptation effect
Issue Date: 21-Aug-2014
Publisher: Taylor & Francis Group
Journal title: Transportmetrica B: Transport Dynamics
Volume: 3
Issue: 1
Start page: 27
End page: 43
Abstract: This study aims to explain the factors affecting ridership changes on the relatively new Taiwan high-speed rail system (THSR). The analysis is based on monthly ridership data from January 2007 to December 2013. We also discuss the impact of THSR on competing modes such as air demand. Econometric time-series models are used for ridership estimation. First, a seasonal autoregressive integrated moving average model was applied; showing that the ridership thrives and that the trend prediction fairly well performed if applied to data after 2012. Second, to specify the impact of explanatory variables, a first-order moving average model was fitted. Results show that ridership, population and fuel price have a positive effect, while unemployment and car ownership tend to reduce the THSR ridership. We include as a separate factor ‘months since operation start’, showing that this factor is significant and discuss its relation to demand adaptation. Implications for general equilibrium modelling for new transport systems are discussed. Moreover, ridership data from two specific stations are used to test the importance of predominant trip purposes for demand estimation.
Rights: This is an Accepted Manuscript of an article published by Taylor & Francis in 'Transportmetrica B: Transport Dynamics' on 21 Aug 2014, available online: http://www.tandfonline.com/10.1080/21680566.2014.946456.
この論文は出版社版でありません。引用の際には出版社版をご確認ご利用ください。This is not the published version. Please cite only the published version.
URI: http://hdl.handle.net/2433/200175
DOI(Published Version): 10.1080/21680566.2014.946456
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