Do shared bicycles promote residents’ consumption?
Using China Family Panel Studies (CFPS) data from 2010 to 2018, this paper employs a staggered difference-in-differences (DID) approach to unveil that the entry of bike-sharing significantly boosts per capita household expenditure by 3.9%–6.8%, along with an increase of 3.8%–4.9% in dining-out expen...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
KeAi Communications Co. Ltd.
2024-12-01
|
| Series: | China Economic Quarterly International |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666933124000583 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850051999113936896 |
|---|---|
| author | Yongli Chen Xi Zhu Jing Li Yuge Bai |
| author_facet | Yongli Chen Xi Zhu Jing Li Yuge Bai |
| author_sort | Yongli Chen |
| collection | DOAJ |
| description | Using China Family Panel Studies (CFPS) data from 2010 to 2018, this paper employs a staggered difference-in-differences (DID) approach to unveil that the entry of bike-sharing significantly boosts per capita household expenditure by 3.9%–6.8%, along with an increase of 3.8%–4.9% in dining-out expenses. The analysis of mechanisms indicates that bike-sharing reduces the time cost per unit of consumption by alleviating traffic congestion, increases leisure time by reducing commute duration, and enhances net income by lowering rental expenses without affecting wage. Our findings provide evidence for the impact of the sharing economy on consumption and its mechanisms. |
| format | Article |
| id | doaj-art-9d4fba8c80ff41b1ae9692f99e5c46d3 |
| institution | DOAJ |
| issn | 2666-9331 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | KeAi Communications Co. Ltd. |
| record_format | Article |
| series | China Economic Quarterly International |
| spelling | doaj-art-9d4fba8c80ff41b1ae9692f99e5c46d32025-08-20T02:52:58ZengKeAi Communications Co. Ltd.China Economic Quarterly International2666-93312024-12-014423724810.1016/j.ceqi.2024.12.001Do shared bicycles promote residents’ consumption?Yongli Chen0Xi Zhu1Jing Li2Yuge Bai3Antai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, PR ChinaAntai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, PR China; Corresponding author.School of International Economics and Trade, Nanjing University of Finance and Economics, Nanjing, PR ChinaAntai College of Economics and Management, Shanghai Jiao Tong University, Shanghai, PR ChinaUsing China Family Panel Studies (CFPS) data from 2010 to 2018, this paper employs a staggered difference-in-differences (DID) approach to unveil that the entry of bike-sharing significantly boosts per capita household expenditure by 3.9%–6.8%, along with an increase of 3.8%–4.9% in dining-out expenses. The analysis of mechanisms indicates that bike-sharing reduces the time cost per unit of consumption by alleviating traffic congestion, increases leisure time by reducing commute duration, and enhances net income by lowering rental expenses without affecting wage. Our findings provide evidence for the impact of the sharing economy on consumption and its mechanisms.http://www.sciencedirect.com/science/article/pii/S2666933124000583Digital economyBike-sharingConsumption |
| spellingShingle | Yongli Chen Xi Zhu Jing Li Yuge Bai Do shared bicycles promote residents’ consumption? China Economic Quarterly International Digital economy Bike-sharing Consumption |
| title | Do shared bicycles promote residents’ consumption? |
| title_full | Do shared bicycles promote residents’ consumption? |
| title_fullStr | Do shared bicycles promote residents’ consumption? |
| title_full_unstemmed | Do shared bicycles promote residents’ consumption? |
| title_short | Do shared bicycles promote residents’ consumption? |
| title_sort | do shared bicycles promote residents consumption |
| topic | Digital economy Bike-sharing Consumption |
| url | http://www.sciencedirect.com/science/article/pii/S2666933124000583 |
| work_keys_str_mv | AT yonglichen dosharedbicyclespromoteresidentsconsumption AT xizhu dosharedbicyclespromoteresidentsconsumption AT jingli dosharedbicyclespromoteresidentsconsumption AT yugebai dosharedbicyclespromoteresidentsconsumption |