The Impact of Market Competition on High-Speed Rail Service Quality: Does Monopoly Slow Down a Bullet Train?
IDEC DP2 Series 8 巻 7 号
1-16 頁
2018-07-17 発行
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この文献の参照には次のURLをご利用ください : https://doi.org/10.15027/47405
| ファイル情報(添付) | |
| タイトル ( eng ) |
The Impact of Market Competition on High-Speed Rail Service Quality: Does Monopoly Slow Down a Bullet Train?
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| 作成者 |
He Bing
Ito Takahiro
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| 収録物名 |
IDEC DP2 Series
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| 巻 | 8 |
| 号 | 7 |
| 開始ページ | 1 |
| 終了ページ | 16 |
| 抄録 |
When Japan National Railways (JNR) was privatized into six regionally monopolistic railway corporations in 1987, there emerged exceptional areas where the industrial structure of railway transportation happened to be duopolistic due to an operational reason. Leveraging on this natural experimental setting arising from the privatization of JNR, we estimate the impact of market competition on the service quality i.e., speed and scheduling of a high-speed rail (HSR) run by an oligopolistic service provider. The paper shows that the change in time costs is significantly lower in those segments where HSR is competing with a conventional rail, and that such effect is larger for the shorter-distance markets where the competition is presumably more intensive.
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| 著者キーワード |
High-speed rail
Market competition
Travel time
Difference in differences
JEL codes: R41
JEL codes: R48
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| 内容記述 |
This work is partly supported by the Ministry of Education of Japan Grant-in-Aid for Scientific Research #24530295, 16K03628, 16H03610, 16H03673.
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| 言語 |
英語
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| 資源タイプ | 紀要論文 |
| 出版者 |
広島大学大学院国際協力研究科
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| 発行日 | 2018-07-17 |
| 出版タイプ | Version of Record（出版社版。早期公開を含む） |
| アクセス権 | オープンアクセス |
