nep-tre New Economics Papers
on Transport Economics
Issue of 2014‒04‒29
five papers chosen by
Erik Teodoor Verhoef
VU University Amsterdam

  1. The puzzle of mobility and access to the city in Sub-Saharan Africa By Lourdes Diaz Olvera; Didier Plat; Pascal Pochet
  2. Transaction costs of inland river transport for urban logistics in France By Emeric Lendjel; Marianne Fischman
  3. Pre- and end-haulage of containers in shipping chains: the neglected role of transaction costs in shippers' modal choices By Emeric Lendjel
  4. Dynamic Oligopoly Pricing: Evidence from the Airline Industry By Siegert, Caspar; Ulbricht, Robert
  5. Media Bias and Advertising: Evidence from a German Car Magazine By Dewenter, Ralf; Heimeshoff, Ulrich

  1. By: Lourdes Diaz Olvera (LET - Laboratoire d'économie des transports - CNRS : UMR5593 - École Nationale des Travaux Publics de l'État [ENTPE] - Université Lumière - Lyon II); Didier Plat (LET - Laboratoire d'économie des transports - CNRS : UMR5593 - École Nationale des Travaux Publics de l'État [ENTPE] - Université Lumière - Lyon II); Pascal Pochet (LET - Laboratoire d'économie des transports - CNRS : UMR5593 - École Nationale des Travaux Publics de l'État [ENTPE] - Université Lumière - Lyon II)
    Abstract: This paper examines access to the city as revealed by the daily travel behaviour of urban dwellers. It is based on secondary analyses of six household travel surveys carried out in cities in West and Central Africa between 1992 and 2003. Vehicle ownership rates are low in these cities and the cost of public transport is a major item of expenditure in household budgets, which limits its use. Walking is thereforethe main mode of transport for most urban dwellers. The paper highlights the difficulties and issues linked with trip-making to conduct the major types of out-of-home activities (work and education, household management, and sociability). Our analyses show that the shortcomings of the transport system restrict the ability of urban dwellers, particularly the poor, to travel outside their neighbourhood and play a part in maintaining social inequalities.
    Keywords: Daily mobility; Transportation mode; Trip purpose; Household travel survey; Access to the city; Sub-Saharan Africa
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:hal:journl:halshs-00861105&r=tre
  2. By: Emeric Lendjel (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris 1 - Panthéon-Sorbonne); Marianne Fischman (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris 1 - Panthéon-Sorbonne)
    Abstract: Experimentations and innovations flourish in France that involve a container barge transport (CBT) as the main leg for urban distribution of goods. Based on the study of existing chains, the paper shows how coordination issues are actually managed by CBT stakeholders. With the help of Transaction Costs Economics, the paper shows that coordination and pooling issues lead CBT stakeholders to adopt hierarchical or hybrid governance structures to build regular inland shipping line. Based on this result, several examples are used to identify the economic and organizational conditions of river logistics in urban area.
    Keywords: Urban river logistics; coordination; governance structure; transaction costs economics
    Date: 2013–12–02
    URL: http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-00978092&r=tre
  3. By: Emeric Lendjel (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris 1 - Panthéon-Sorbonne)
    Abstract: Lots of studies have been devoted to shipper's modal choices since Baumol and Vinodt (1970) seminal papers. But, surprisingly, whereas institutional aspects play a determinant part in the structure of relationships in every supply chain, they are barely taken into account in academic papers (McGinnis, 1989; Jiang, 1998; Henscher and Puckett, 2005; Brooks et al., 2012), particularly regarding transaction costs. Indeed, shippers' modal choices are often characterised by their inertia (Golicic et al, 2003), which cannot be explained without Transaction Costs Economics (or New Institutional Economics, see Ruester, 2010), as developed by Coase (1937) and Williamson (1985; 1996) seminal works. This paper aims at showing that transaction costs are partially responsible for the low modal share of container barge transport in French maritime ports (9% of TEU in Le Havre and 5% in Marseille in 2007). But instead of dealing with the transaction chain of container barging itself (Fischman and Lendjel, 2012), the paper focuses on shipper's decision making process. The paper finds empirical evidence of those costs in ECHO's survey (Guilbault et al., 2008), focusing on shipments involving barging legs in containerized maritime chains. The last section discusses those results.
    Keywords: pre- and end-haulage, shipper's modal choice, transaction cost economics, container barge transport
    Date: 2013–12–02
    URL: http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-00978091&r=tre
  4. By: Siegert, Caspar; Ulbricht, Robert
    Abstract: We explore how pricing dynamics in the European airline industry vary with the competitive environment. Our results highlight substantial variations in pricing dynamics that are consistent with a theory of intertemporal price discrimination. First, the rate at which prices increase towards the scheduled travel date is decreasing in competition, supporting the idea that competition restrains the ability of airlines to price-discriminate. Second, the sensitivity to competition is substantially increasing in the heterogeneity of the customer base, reecting further that restraints on price discrimination are only relevant if there is initial scope for price discrimination. These patterns are quantitatively important, explaining about 83 percent of the total within flight price dispersion, and explaining 17 percent of the observed cross-market variation of pricing dynamics.
    Keywords: Airline industry, capacity constraints, dynamic oligopoly pricing, intertemporal price dispersion, price discrimination.
    JEL: D43 D92 L11 L93
    Date: 2014–03–23
    URL: http://d.repec.org/n?u=RePEc:tse:wpaper:28015&r=tre
  5. By: Dewenter, Ralf (Helmut Schmidt University, Hamburg); Heimeshoff, Ulrich (DICE / Heinrich-Heine-Universität Düsseldorf)
    Abstract: This paper investigates the existence of a possible media bias by analyzing the impact of auto- mobile manufacturer’s advertisements on automobile reviews in a leading German car maga- zine. By accounting for both endogeneity and sample selection using a two-step procedure, we find a positive impact of advertising volumes on test scores. The main advantage of our study is the measurement of technical characteristics of cars to explain test scores. Due to this kind of measurement, we avoid serious biases in estimating media bias caused by omitted variables.
    Keywords: Car magazines; Media bias; Selection model; Instrumental variable estimation
    JEL: L15 L82
    Date: 2014–04–17
    URL: http://d.repec.org/n?u=RePEc:ris:vhsuwp:2014_139&r=tre

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