Research Article
A Study on High-Speed Rail Pricing Strategy in the Context of Modes Competition
Table 5
Estimations of high-income group (
-statistics are in parentheses).
| | | HSR | Conventional rail | Air | Road |
| | Constant | | | 3.3348 (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 purpose | 0.7519 (3.963) | | | | | Logsum | 1.3077 (5.694) | | 0.4255 | | Sample size | 625 | | VOTT (CNY/h) | 82.07 | | | |
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