 Entry and competition in the European bike-sharing industryHana Fitzová, Richard Kališ, Vilém Pařil and Milan Fila Transport Policy, 2024, vol. 149, issue C, 100-107 Abstract: Assessments of the bike-sharing industry traditionally focus on its effects on other markets, municipalities, or general well-being. This paper deviates from this on how the market is organised. Using information on the aggregate number of firms in cities and greater cities across Europe, we found non-proportional changes in market size with respect to changes in market structure. This is crucial information inferring changes in profits, costs, or degree of product differentiation. To distinguish between these three sources, we utilised additional firm-level data on capacity and type of service provided. Our results suggest that the non-proportional increase in market size after an entry is most likely associated with increased intensity of competition and new forms of offered services, i.e. product differentiation. We did not find evidence that newcomers have been entering with substantially larger capacities per capita compared to incumbents. From a policy perspective, entry into the bike-sharing industry has benefited consumers through market expansion and caused a potential decrease in profits. Keywords: Bike-sharing; Entry; Competition; Market structure; Market expansion (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:149:y:2024:i:c:p:100-107 Ordering information: This journal article can be ordered from DOI: 10.1016/j.tranpol.2024.02.010 Access Statistics for this article Transport Policy is currently edited by Y. Hayashi More articles in Transport Policy from Elsevier |
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