Opportunities or threats: The rise of Online Collaborative Consumption (OCC) and its impact on new car sales

作者:

Highlights:

• The entry of Didi Chuxing positively impacts new car sales in the short run.

• The entry-induced increase in sales can benefit economy car manufacturers.

• A dominant network like Didi Chuxing can greatly impact market dynamics.

摘要

•The entry of Didi Chuxing positively impacts new car sales in the short run.•The entry-induced increase in sales can benefit economy car manufacturers.•A dominant network like Didi Chuxing can greatly impact market dynamics.

论文关键词:Causal empiricism,Collaborative consumption models,Difference-in-difference (DID) model,Falsification examination,Hierarchical duration model (HDM),Network effects,Placebo dummy,Ride-hailing services,Propensity-score matching (PSM),Sharing economy,Two-sided platforms

论文评审过程:Received 19 February 2018, Revised 28 April 2018, Accepted 28 April 2018, Available online 30 April 2018, Version of Record 9 May 2018.

论文官网地址:https://doi.org/10.1016/j.elerap.2018.04.005