How long to own and how much to use a car? A dynamic discrete choice model to explain holding duration and driven mileage

被引:8
|
作者
de Lapparent, Matthieu [1 ,2 ]
Cernicchiaro, Giulia [1 ]
机构
[1] Univ Paris Est, Inst Francais Sci & Technol Transports Amenagemen, Dept Econ & Sociol Transports, F-93166 Noisy Le Grand, France
[2] Ecole Normale Super, Dept Econ & Gest, F-94235 Cachan, France
关键词
Dynamic discrete choice; Car ownership and use; Fuel price; Income; DEMAND; ELASTICITIES; OWNERSHIP;
D O I
10.1016/j.econmod.2012.05.018
中图分类号
F [经济];
学科分类号
02 ;
摘要
We develop a dynamic discrete choice model of car holding duration and use for French households owning only one car over the 2000-2007 period. We consider income, fuel prices and cumulated mileage as stochastic state variables. It is found that accounting for forward-looking economic agents greatly improves the understanding of the underlying logic that drives such choices whenever theoretical assumptions and used data may appear as a sketchy description of a more complex reality. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:1737 / 1744
页数:8
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