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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27475 |
来源ID | Working Paper 27475 |
Competition and Quality: Evidence from High-Speed Railways and Airlines | |
Hanming Fang; Long Wang; Yang Yang | |
发表日期 | 2020-07-06 |
出版年 | 2020 |
语种 | 英语 |
摘要 | The entry of High-Speed Railways (HSR) represents a disruptive competition to airlines, particularly for short- to medium-distance journeys. Utilizing a unique dataset that contains the details of all flights departing from Beijing to 113 domestic destinations in China since January 2009, we employ a difference-in-differences approach to examine the effects of HSR entry on the quality of service provided by airlines as proxied by their on-time performance, and to identify the channels through which competition leads to quality improvement. We document two main findings. First, the competition from the entry of HSR leads to significant reductions in the mean and variance of travel delays on the affected airline routes. Second, the reductions in departure delays--which are controlled mostly by airlines, and the duration of taxi-in time--which are controlled mostly by destination airports, are identified as the main sources of the improvement in the airlines' on-time performance. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Industry Studies ; Development and Growth ; Development ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w27475 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585147 |
推荐引用方式 GB/T 7714 | Hanming Fang,Long Wang,Yang Yang. Competition and Quality: Evidence from High-Speed Railways and Airlines. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27475.pdf(836KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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