Striking Evidence? Demand Persistence for Inter-City Buses from German Railway Strikes

Beestermöller, Matthias (10. Januar 2017): Striking Evidence? Demand Persistence for Inter-City Buses from German Railway Strikes. Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2017-2

Abstract

This paper investigates the effect of the largest rail strikes in German history in 2014-2015 on long-distance buses – a newly liberalized market. Using a novel dataset of detailed bus ticket sales and rail cancellations, I find that the primary channel that drives ticket sales during the strike is whether the absolute bus travel time was sufficiently short. In a difference-indifferences framework, I exploit this variation to identify any demand persistence. Although the common trend assumption does not seem to be completely tenable in the given context, my results point to a persistent effect on the ticket sales for inter-city buses on the affected routes.

• Dokumententyp: Paper
• Keywords: Transportation, Long-Run Demand Effects, Intermodal Substitution, Strike
• Fakultät: Volkswirtschaft ; Volkswirtschaft > Munich Discussion Papers in Economics
• Themengebiete: 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: L92, R41, C81
• Sprache: Englisch

Literaturliste

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