Essays on economics of transport infrastructure : pricing, investment and competition
department or school: Business, Sauder School of
department or school: Operations and Logistics (OPLOG), Division of
data provider: DSpace
degree campus: UBCV
creator: Wang, Kun
issued: 2018-08-09T19:27:09Z
issued: 2018
related degree: Doctor of Philosophy - PhD
degree grantor: University of British Columbia
description: This dissertation focuses on three major topics in transportation. The first one is related to the seaports adaptation to climate change related disasters (Chapter 2). We investigate the disaster adaptation investments made by two landlord ports with each serving its captive markets while competing for a common hinterland. The impact of “Knightian uncertainty” of disaster occurrence on port adaptation investment is investigated. We also investigate the impacts of inter-port and intra-port competition and cooperation on the port adaptation investment. The second topic is related to competition between airlines and high-speed rail (HSR) (Chapter 3). We investigate, both theoretically and empirically, the effect of HSR speed on airline traffic and price, taking into account the degree of air-HSR service substitutability. We consider two countervailing effects of HSR speed on airlines, i.e., the “travel time” effect and the “safety” effect. A rare natural experiment in HSR speed reduction in China is used to empirically test the theoretical findings. The incident is a rare quasi-natural experiment of HSR speed change as it was forced by the government due to safety concern and implemented system-wide regardless of market heterogeneity. A difference-in-differences method is used for estimation of the HSR speed effect on airlines as well as for verification of the theoretical predictions. The last topic addresses two important issues in the air transport economics, aiming to provide new insights. In Chapter 4, we develop a structural discrete-choice model to study airline competition in Chinese domestic market, explicitly taking into account the potential effects of “legacy” regulation on airlines’ competition behavior. Finally, in Chapter 5, we explore the effect of airport congestion on airport’s concession revenue. We model and empirically test two countervailing effects of airport congestion on airport concession demand: namely a “dwell time” effect (passenger spends …
aggregated CHO: https://circle.library.ubc.ca/rest/handle/2429/66715
note: Essays on Economics of Transport Infrastructure: Pricing, Investment and Competition by Kun Wang A THESIS SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY in THE FACULTY OF GRADUATE AND POSTDOCTORAL STUDIES (Business Administration) THE UNIVERSITY OF BRITISH COLUMBIA (Vancouver) August 2018 © Kun Wang, 2018 ii The following individuals certify that they have read, and recommend to the Faculty of Graduate and Postdoctoral Studies for acceptance, the dissertation entitled: Essays on Economics of Transport Infrastructure: Pricing, Investment and Competition submitted by Kun Wang in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Business Administration Examining Committee: Anming Zhang, Sauder School of Business Supervisor Robin Lindsey, Sauder School of Business Supervisory Committee Member Ralph Winter, Sauder School of Business Supervisory Committee Member Kevin Milligan, Vancouver School of Economics University Examiner Thomas Davidoff, Sauder School of Business University Examiner Additional Supervisory Committee Members: Tae Hoon Oum, Sauder School of Business Supervisory Committee Member iii Abstract This dissertation focuses on three major topics in transportation. The first one is related to the seaports adaptation to climate change related disasters (Chapter 2). We investigate the disaster adaptation investments made by two landlord ports with each serving its captive markets while competing for a common hinterland. The impact of “Knightian uncertainty” of disaster occurrence on port adaptation investment is investigated. We also investigate the impacts of inter-port and intra-port competition and cooperation on the port adaptation investment. The second topic is related to competition between airlines and high-speed rail (HSR) (Chapter 3). We investigate, both theoretically and empirically, the effect of HSR speed on airline traffic and price, taking into account the degree of air-H…
has type: Thesis/Dissertation
date issued: 2018-09
is shown at: 10.14288/1.0370946
language: eng
degree discipline: Business Administration - Transportation and Logistics
provider: Vancouver : University of British Columbia Library
publisher: University of British Columbia
rights: Attribution-NonCommercial-NoDerivatives 4.0 International
rights URI: http://creativecommons.org/licenses/by-nc-nd/4.0/
scholar level: Graduate
type: Text
identifier URI: http://hdl.handle.net/2429/66715