Competition in long distance transport: Impacts on prices,
frequencies, and demand in the Czech Republic

J 2021

Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Marek KASA

Basic information

Original name

Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic

Authors

FITZOVÁ, Hana (203 Czech Republic, guarantor, belonging to the institution), Richard KALIŠ (703 Slovakia, belonging to the institution), Vilém PAŘIL (203 Czech Republic, belonging to the institution) and Marek KASA

Edition

Research in Transportation Business & Management, AMSTERDAM (NETHERLANDS), Elsevier, 2021, 2210-5395

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50702 Urban studies

Country of publisher

Netherlands

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

Research in Transportation Business & Management

Impact factor

Impact factor: 4.286

RIV identification code

RIV/00216224:14560/21:00121500

Organization unit

Faculty of Economics and Administration

DOI

http://dx.doi.org/10.1016/j.rtbm.2021.100655

UT WoS

000754465300022

Keywords in English

Competition; Open access; Price strategy; Frequency; Elasticity; Passenger transport

Abstract

V originále

This article analyses the effect of different entry regulations on company conduct and traveller behaviour. The paper presents a comprehensive case study of three railway markets with significantly different entry policies using data on prices and frequencies together with a survey conducted to obtain revealed preferences. The study employs data from the three main lines in the Czech Republic. The two open access markets tended to provide significantly higher connection frequencies than the line with regulated entry did. Surprisingly, low price variation across the rail and bus markets suggests low monopoly power for the monopolised incumbent and its uniform price strategy across markets with different entry regulations. On the other hand, high price sensitivity among travellers confirms the importance of intramodal competition.

Links

EF16_026/0008430, research and development project

Name: Nová mobilita - vysokorychlostní dopravní systémy a dopravní chování populace

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Citovat

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Marek KASA. Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic. Research in Transportation Business & Management. AMSTERDAM (NETHERLANDS): Elsevier, 2021, vol. 41, December, p. 1-13. ISSN 2210-5395. Available from: https://dx.doi.org/10.1016/j.rtbm.2021.100655.

@article{1764539,
   author = {Fitzová, Hana and Kališ, Richard and Pařil, Vilém and Kasa, Marek},
   article_location = {AMSTERDAM (NETHERLANDS)},
   article_number = {December},
   doi = {http://dx.doi.org/10.1016/j.rtbm.2021.100655},
   keywords = {Competition; Open access; Price strategy; Frequency; Elasticity; Passenger transport},
   language = {eng},
   issn = {2210-5395},
   journal = {Research in Transportation Business & Management},
   title = {Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic},
   url = {https://doi.org/10.1016/j.rtbm.2021.100655},
   volume = {41},
   year = {2021}
}

TY  - JOUR
ID  - 1764539
AU  - Fitzová, Hana - Kališ, Richard - Pařil, Vilém - Kasa, Marek
PY  - 2021
TI  - Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic
JF  - Research in Transportation Business & Management
VL  - 41
IS  - December
SP  - 1-13
EP  - 1-13
PB  - Elsevier
SN  - 22105395
KW  - Competition
KW  - Open access
KW  - Price strategy
KW  - Frequency
KW  - Elasticity
KW  - Passenger transport
UR  - https://doi.org/10.1016/j.rtbm.2021.100655
N2  - This article analyses the effect of different entry regulations on company conduct and traveller behaviour. The paper presents a comprehensive case study of three railway markets with significantly different entry policies using data on prices and frequencies together with a survey conducted to obtain revealed preferences. The study employs data from the three main lines in the Czech Republic. The two open access markets tended to provide significantly higher connection frequencies than the line with regulated entry did. Surprisingly, low price variation across the rail and bus markets suggests low monopoly power for the monopolised incumbent and its uniform price strategy across markets with different entry regulations. On the other hand, high price sensitivity among travellers confirms the importance of intramodal competition.
ER  -

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Marek KASA. Competition in long distance transport: Impacts on prices, frequencies, and demand in the Czech Republic. \textit{Research in Transportation Business \&{} Management}. AMSTERDAM (NETHERLANDS): Elsevier, 2021, vol.~41, December, p.~1-13. ISSN~2210-5395. Available from: https://dx.doi.org/10.1016/j.rtbm.2021.100655.

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