CEU Electronic Theses and Dissertations, 2022
| Author | Vig, Ádám |
|---|---|
| Title | The Location Choice of Parcel Lockers: An empirical investigation of expansion and cannibalization in the Hungarian last-mile delivery market |
| Summary | This thesis analyses the location choice of firms in the context of last-mile delivery. I use transaction level data from a major Hungarian parcel carrier to establish results on the effect of a broad expansion of parcel locker stations on the distribution of transactions. I exploit a quasi-experimental design when inferring the effect of a newly placed locker on nearby, initial lockers and also estimate the effect of the expansion on the aggregate number of users and transactions. I estimate two-way fixed effect equations and models by Sun and Abraham (2021) and de Chaisemartin and D’Haultfoeuille (2020) which account for treatment effect heterogeneity and staggered treatment timing. This thesis contributes to the literature in two ways. First, I show that although there is a significant cannibalization effect between initial and new lockers in both the number of users and transactions, there is also a moderate but significant positive effect on the aggregate number of transactions. This mechanism is not measured in previous studies of automated parcel locker networks. Second, I show that there is no substantial difference between estimates by the textbook two-way fixed effect model and models that account for treatment effect heterogeneity and staggered treatment timing in this setup. |
| Supervisor | Békés, Gábor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2022/vig_adam.pdf |
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