Will dockless bike sharing system alter the subway price premium in rental market? : evidence from Beijing

The dockless bike-sharing system emerged in 2016 in China. It achieves door-to-door connection and is thus regarded as an efficient solution to the urban last mile problem. Empirical studies have found that the entry of dockless bikes can flatten the rent price gradient for subway accessibility for 10 Chinese cities on average, yet haven't discussed if this effect also exists in a single city where subway accessibility varies across locations. This study uses difference-in-differences (DID) empirical design to analyze the impact of dockless bike-sharing on Beijing's rental market, and further explores the spatial heterogeneity of such impact. Results show that the rental price gradient flattens slightly for apartments within the 3km radius from a subway station in Beijing.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Department of Urban Studies and Planning

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2019

Author dc:creator

• Lyu, Jinghong.

Advisor dc:contributor.advisor

• Siqi Zheng.

• Urban Studies and Planning.

Statement dc:rights

• MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/123975

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/123975