Research Article
A Study on High-Speed Rail Pricing Strategy in the Context of Modes Competition
Table 3
Estimations of low-income group (
-statistics are in parentheses).
| | | HSR | Conventional rail | Air | Road |
| | Constant | | | 2.0170 (5.326) | | | Travel time (h) | −0.4972 (−6.105) | −0.3671 (−2.684) | −0.4972 (−6.105) | −0.3671 (−2.684) | | Travel cost (CNY/100) | −0.8435 (−6.431) | −0.9741 (−2.055) | −0.8435 (−6.431) | −0.9741 (−2.055) | | Profession | 0.6348 (2.489) | 0.6348 (2.489) | 0.6348 (2.489) | | | Age | 0.4877 (3.664) | | | | | Logsum | 1.5026 (5.763) | | 0.2846 | | Sample size | 1022 | | VOTT (CNY/h) | 58.94 | | | |
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