@article{ART002700036},
author={kim yong rae},
title={A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2021},
volume={108},
pages={19-35},
doi={10.15793/kspr.2021.108..002}
TY - JOUR
AU - kim yong rae
TI - A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line
JO - The Korea Spatial Planning Review
PY - 2021
VL - 108
IS - null
PB - 국토연구원
SP - 19
EP - 35
SN - 1229-8638
AB - This study analyzed the influence of major factors on KTX and SRT high-speed railway users, focusing on Gyeongbu high-speed line. First, the results of analyzing the long-term balance relationship through the VECM model showed that the common point is that when the seat supply, gross domestic product and household disposable income increase, the number of high-speed railway users increases, and when the weighted average oil price rises, the number of high-speed railway users decreases. However, the difference was that when seat supply and gross domestic product increased by 1%, the number of SRT users increased larger than that of KTX users. Second, the impact response function and the prediction error dispersion analysis result showed that KTX users were affected by about 35% of seat supply, gross domestic product and disposable income per household while SRT users were affected by about 12.1%, which is relatively low compared to KTX users. In the meantime, this study suggests that KTX needs various marketing strategies such as additional discounts and improvement of mileage accumulation methods to overcome the difference of fare rates which is 10% higher than SRT in order to secure fixed demand for high-speed railway users.
KW - KTX Users;SRT Users;Seat Supply;Gross Domestic Product;Disposable Income per Household
DO - 10.15793/kspr.2021.108..002
ER -
kim yong rae. (2021). A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line. The Korea Spatial Planning Review, 108, 19-35.
kim yong rae. 2021, "A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line", The Korea Spatial Planning Review, vol.108, pp.19-35. Available from: doi:10.15793/kspr.2021.108..002
kim yong rae "A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line" The Korea Spatial Planning Review 108 pp.19-35 (2021) : 19.
kim yong rae. A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line. 2021; 108 19-35. Available from: doi:10.15793/kspr.2021.108..002
kim yong rae. "A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line" The Korea Spatial Planning Review 108(2021) : 19-35.doi: 10.15793/kspr.2021.108..002
kim yong rae. A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line. The Korea Spatial Planning Review, 108, 19-35. doi: 10.15793/kspr.2021.108..002
kim yong rae. A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line. The Korea Spatial Planning Review. 2021; 108 19-35. doi: 10.15793/kspr.2021.108..002
kim yong rae. A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line. 2021; 108 19-35. Available from: doi:10.15793/kspr.2021.108..002
kim yong rae. "A Study on the Factors Affecting the Demand Variability of High Speed Railway Users: Focused on Gyeongbu Express Line" The Korea Spatial Planning Review 108(2021) : 19-35.doi: 10.15793/kspr.2021.108..002
