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Market Expanding or Market Stealing? Competition with Network Effects in Bike-Sharing Guangyu Cao, Ginger Zhe Jin, Xi Weng, Li-An Zhou, Jan 16, 2019
Market Expanding or Market Stealing? Competition with Network Effects in Bike-Sharing Guangyu Cao,Ginger Zhe Jin,Xi Weng,Li-An Zhou, Jan 16, 2019 Positive network effects may lead to winner-takes-all in some markets. The column analyses dockless bike-sharing in China to show instead how an incumbent can benefit from positive spillovers from a competitor’s entry. In the case of bike-sharing, consumers multi-home, the market exhibits positive network effects, and investment by two firms is more cost-efficient than investment by one.
When History Matters Little: Political Hierarchy and Regional Development in China, AD 1000-2000 Ying Bai,Ruixue Jia, Jan 09, 2019 Regime changes in China between AD 1000 and 2000 systematically altered the relative importance of different regions in the political hierarchy of that time. The evolution of Chinese provincial capitals and economic activities during this period throws light on how political factors shape economic geography. Employing a panel dataset...
In-Consumption Social Listening with Moment-to-Moment Unstructured Data Qiang Zhang,Wenbo Wang,Yuxin Chen, Jan 03, 2019 Major video and live streaming platforms in China have recently introduced a live commenting feature that allows viewers to post comments in real time during video content consumption. Building on the rich live comment data, this research proposes a novel approach for in-consumption social listening to extract live consumption experience. The approach is demonstrated in the context of online movie watching...
The Impact of Corporate Taxes on Firm Innovation: Evidence from the Corporate Tax Collection Reform in China Jing Cai,Yuyu Chen,Xuan Wang, Dec 19, 2018 We explore a tax reform on manufacturing firms in China in order to study the impact of taxes on firm innovation. The reform switched corporate income tax collection from a local to state tax bureau and reduced the effective tax rate by 10 percent. The reform only applied to firms established after January 2002, allowing us to use a regression...
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