Entry and competition in the European bike-sharing industry

J 2024

Entry and competition in the European bike-sharing industry

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Milan FILA

Basic information

Original name

Entry and competition in the European bike-sharing industry

Authors

FITZOVÁ, Hana (203 Czech Republic, belonging to the institution), Richard KALIŠ (703 Slovakia, guarantor, belonging to the institution), Vilém PAŘIL (203 Czech Republic, belonging to the institution) and Milan FILA (203 Czech Republic, belonging to the institution)

Edition

Transport Policy, Oxford (England), Elsevier, 2024, 0967-070X

Other information

Language

English

Type of outcome

Article in a journal

Field of Study

20700 2.7 Environmental engineering

Country of publisher

Czech Republic

Confidentiality degree

is not subject to a state or trade secret

References:

Transport Policy

Impact factor

Impact factor: 6.800 in 2022

Organization unit

Faculty of Economics and Administration

DOI

http://dx.doi.org/10.1016/j.tranpol.2024.02.010

UT WoS

001184661300001

Keywords in English

Bike-sharing; entry; competition; market structure; market expansion

Abstract

V originále

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 or-ganised. 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 com-petition and new forms of offered services, i.e. product differentiation. We did not find evi-dence that newcomers have been entering with substantially larger capacities per capita com-pared to incumbents. From a policy perspective, entry into the bike-sharing industry has bene-fited consumers through market expansion and caused a potential decrease in profits.

Links

EF16_026/0008430, research and development project

Name: Nová mobilita - vysokorychlostní dopravní systémy a dopravní chování populace

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Manuscript_final_2023_12_18.pdf

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Citovat

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Milan FILA. Entry and competition in the European bike-sharing industry. Transport Policy. Oxford (England): Elsevier, 2024, vol. 149, April, p. 100-107. ISSN 0967-070X. Available from: https://dx.doi.org/10.1016/j.tranpol.2024.02.010.

@article{2371518,
   author = {Fitzová, Hana and Kališ, Richard and Pařil, Vilém and Fila, Milan},
   article_location = {Oxford (England)},
   article_number = {April},
   doi = {http://dx.doi.org/10.1016/j.tranpol.2024.02.010},
   keywords = {Bike-sharing; entry; competition; market structure; market expansion},
   language = {eng},
   issn = {0967-070X},
   journal = {Transport Policy},
   title = {Entry and competition in the European bike-sharing industry},
   url = {https://www.sciencedirect.com/science/article/pii/S0967070X24000465?via%3Dihub},
   volume = {149},
   year = {2024}
}

TY  - JOUR
ID  - 2371518
AU  - Fitzová, Hana - Kališ, Richard - Pařil, Vilém - Fila, Milan
PY  - 2024
TI  - Entry and competition in the European bike-sharing industry
JF  - Transport Policy
VL  - 149
IS  - April
SP  - 100-107
EP  - 100-107
PB  - Elsevier
SN  - 0967070X
KW  - Bike-sharing
KW  - entry
KW  - competition
KW  - market structure
KW  - market expansion
UR  - https://www.sciencedirect.com/science/article/pii/S0967070X24000465?via%3Dihub
N2  - 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 or-ganised. 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 com-petition and new forms of offered services, i.e. product differentiation. We did not find evi-dence that newcomers have been entering with substantially larger capacities per capita com-pared to incumbents. From a policy perspective, entry into the bike-sharing industry has bene-fited consumers through market expansion and caused a potential decrease in profits.
ER  -

FITZOVÁ, Hana, Richard KALIŠ, Vilém PAŘIL and Milan FILA. Entry and competition in the European bike-sharing industry. \textit{Transport Policy}. Oxford (England): Elsevier, 2024, vol.~149, April, p.~100-107. ISSN~0967-070X. Available from: https://dx.doi.org/10.1016/j.tranpol.2024.02.010.

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