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ID 48737
file
creator
He, Bing
subject
Conventional Rail
Competition
Difference-in-differences
abstract
Due to heavy deficits, the privatization of Japanese National Railways (JNR) was initiated on April 1, 1987 and was geographically divided into six different railway companies for transporting passengers. This paper investigates the impact of market competition on conventional rail (CR) passengers’ time cost by using a difference-in-differences (DID) approach and directional origin-destination (OD) pair level data in four periods: two years before JNR’s privatization (1976 and 1986) and two years after JNR’s privatization (1996 and 2006). It investigates the effect of market competition on passengers’ time cost in the regions where CR competes with high-speed rail (HSR), when comparing with monopoly region after JNR privatization. The result of this analysis shows that market competition leads to an increment in passengers’ time cost by CR in duopoly regions when comparing with the change of time cost by CR in monopoly region, but it is not statistically significant.
description
The present work was supported through the Hiroshima University TAOYAKA Program for creating a flexible, enduring, peaceful society, funded by the Program for Leading Graduate Schools, Ministry of Education, Culture, Sports, Science and Technology.
journal title
Journal of International Development and Cooperation
volume
Volume 26
issue
Issue 1-2
start page
51
end page
60
date of issued
2020-03-01
publisher
広島大学大学院国際協力研究科
issn
1341-0903
ncid
language
eng
nii type
Departmental Bulletin Paper
HU type
Departmental Bulletin Papers
DCMI type
text
format
application/pdf
text version
publisher
rights
Copyright © 2020 Graduate School for International Development and Cooperation, Hiroshima University. 本紀要の一部・全部を問わず、著作権者(広島大学大学院国際協力研究科)の文章による許諾なし に複写・翻訳することを禁じます。
department
Graduate School for International Development and Cooperation
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