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on Transport Economics |
| By: | Rodier, Caroline PhD; Harold, Brian |
| Abstract: | In rural areas, cost-effective transit service is challenging to provide due to greater travel distances, lower population densities, and longer travel times than in cities. Access to a personal car is often essential to the quality of life for most residents, enabling them to readily access essential services. However, keeping one or two vehicles in reliable working order can be prohibitively expensive for low-income families. To address this issue, multiple organizations partnered to launch an electric vehicle (EV) carsharing pilot called Míocar in 2019. This non-profit service in the rural San Joaquin Valley of California differs from the dominant carsharing model of for-profit businesses serving affluent communities that already have high-quality transit. Míocar seeks to provide carsharing to price-sensitive populations with low transit access at a price point that is more affordable than owning a personal vehicle. The service currently has 27 EVs located at eight hubs throughout the San Joaquin Valley. |
| Keywords: | Engineering |
| Date: | 2021–12–01 |
| URL: | http://d.repec.org/n?u=RePEc:cdl:itsdav:qt1dp793rs&r= |
| By: | Jie Xiong (ESSCA - Groupe ESSCA); Shuyan Zhao (Shenzhen Longhua Aiyi School); Yan Meng (Grenoble Ecole de Management); Lu Xu (CleRMa - Clermont Recherche Management - ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand - UCA - Université Clermont Auvergne); Seong-Young Kim (ESC Rennes School of Business - ESC Rennes School of Business) |
| Date: | 2022–02 |
| URL: | http://d.repec.org/n?u=RePEc:hal:gemptp:hal-03469528&r= |
| By: | Nicholas Apergis (Department of Banking and Financial Management, University of Piraeus, Karaoli & Dimitriou 80, 18534, Piraeus, Greece); Konstantinos Gavriilidis (Stirling Management School, University of Stirling, FK9 4LA, Stirling, UK); Rangan Gupta (Department of Economics, University of Pretoria, Private Bag X20, Hatfield 0028, South Africa) |
| Abstract: | This study examines whether climate policy uncertainty affects the propensity of people to travel. To do so, we employ the Climate Policy Uncertainty (CPU) index and US air travel data to eight regional overseas destinations for the period 2000-2019. Using time-varying causality tests to deal with the structural breaks that exist in the relationship between CPU and US air travel, we find that CPU is a major determinant of air-travel demand to all destinations examined. The results are robust when we control for macroeconomic factors, uncertainty and geopolitical risks. The findings have important implications for destination countries and tourism professionals. |
| Keywords: | Climate policy uncertainty, CPU index, air travel destinations, US, structural breaks, time-varying causality test |
| JEL: | C32 C51 L8 |
| Date: | 2021–12 |
| URL: | http://d.repec.org/n?u=RePEc:pre:wpaper:202186&r= |
| By: | Thomas Wein (Leuphana University of Lüneburg) |
| Abstract: | The German petrol station market is characterized by strong intraday price cycles, which probably correspond to the well-known Edgeworth cycles. The prices go up strongly in the late evening or in the middle of the night, fall relatively heavily in the early morning and then go up and down several times in the course of the day. Locally, the analysis is limited to the 26 petrol stations that plausibly form a common market in the Lueneburg region. This essay picks out the specific sequence in which, after generally rising prices during the day, a single supplier is the first to reverse the price trend and lower its price. For this purpose, current price reports are used to define the price reduction event down to the second, and to show only the valid prices of competitors prior to the event. All German petrol stations have to report price changes to the Bundeskartellamt's Market Transparency Department. Tankerkoenig then publishes the full reports. This results in one panel observation for each price reduction event. Out of nearly 300,000 price observations, just over 10,000 panel observations result. Fixed-effect logit estimates are used to test whether the theoretically and economically significant price differences of the Edgeworth cycles explain the behavior of the price cutters, or whether market structure factors, such as brand affiliation/independence of the petrol station, service offerings, or location characteristics predict price-cutting behavior. The novel recording of the price dynamics in the petrol station market by using the accurate petrol station price data to the second indicates promising research of extensive price data and avoids the enormous loss of information in the previously common calculation of average prices at certain times. |
| Keywords: | Edgeworth cycles, gasoline prices, dynamic pricing |
| JEL: | L13 L41 K21 |
| Date: | 2020–08 |
| URL: | http://d.repec.org/n?u=RePEc:lue:wpaper:394&r= |