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Price impact of high-speed rail competition between multiple full-service and low-cost operators on less congested corridors in Spain

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  • Brenna, Claudio

Abstract

The Spanish passenger railway market saw the entrance of two competitors in 2022–2023: the full-service operator Iryo and the low-cost operator Ouigo. Using a unique dataset of Spanish ticket price collected throughout an entire year and the Diff-In-Diff method, this paper investigates the impact on incumbent's prices of newcomers' entrance on the less congested corridors Madrid - Alicante and Madrid - Malaga/Sevilla.

Suggested Citation

  • Brenna, Claudio, 2024. "Price impact of high-speed rail competition between multiple full-service and low-cost operators on less congested corridors in Spain," Transport Policy, Elsevier, vol. 156(C), pages 77-88.
    • Handle: RePEc:eee:trapol:v:156:y:2024:i:c:p:77-88
    DOI: 10.1016/j.tranpol.2024.07.013
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    References listed on IDEAS

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