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A Study on the Estimation of Impact by High-Speed Railway Surcharge Considering Marginal Cost and Demand

Lee, Jonghoon 1 Shon Eui-Young 1

1서울시립대학교

Accredited

ABSTRACT

In 2015, the Honam High-Speed Rail opened and the Korean High-Speed Rail was completed. High-speed rail was expanded and demand continued to grow. Railroads require a lot of investment and operating costs. However, in the case of South Korea, high-speed rail fares are calculated based on government policy. For these reasons, high-speed rail operating losses are higher than operating income, and debt continues to grow. These issues are likely to be passed on to the social burden, and it is time to consider different ways to secure high-speed rail alternatives and financial health. In this research, we proposed a method to improve traffic efficiency, focusing on the on-demand distribution of high-speed trains through demand analysis of high-speed trains and conversion to alternatives. We used Ramsey pricing to provide 15% and 30% surcharge for demanding weekend users. As a result, it was confirmed that the efficiency could be improved by switching demand to other means.

Citation status

* References for papers published after 2022 are currently being built.