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来源类型Working Paper
规范类型报告
DOI10.3386/w27475
来源IDWorking 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
URLhttps://www.nber.org/papers/w27475
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585147
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GB/T 7714
Hanming Fang,Long Wang,Yang Yang. Competition and Quality: Evidence from High-Speed Railways and Airlines. 2020.
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