Table 5: Estimations of high-income group ( -statistics are in parentheses).

HSRConventional railAirRoad

Constant3.3348 (4.809)
Travel time (h)−1.0467 (−6.205)−0.4139 (−2.114)−1.0467 (−6.205)−0.4139 (−2.114)
Travel cost (CNY/100)−1.2753 (−5.490)−2.6309 (−3.746)−1.2753 (−5.490)−2.6309 (−3.746)
Trip purpose0.7519 (3.963)
Logsum1.3077 (5.694)
0.4255
Sample size625
VOTT (CNY/h)82.07