Abstract
The decision to own a car usually results from a mix of changes in socio-economics, residential location, demographics or preferences of the individuals. These changes do not directly influence car ownership but are lagged in time or sometimes occur on anticipation of future events. In this research we investigate how some of the most common predictors for car ownership change over the years and how much impact they actually have in their decision for owning a car. We make a distinction in impact for people living in an urban and people living in a rural environment. A multinomial logit was estimated in 4 separate years to assess the impact of changes in residential location, age and income. The results show that not only the impact of these common predictors is changing but also the relation that they have regarding car ownership. These results illustrates the complexity of car ownership and suggests a more dynamic approach for the prediction of car ownership in both urban and rural environments.
Original language | English |
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Pages (from-to) | 101-108 |
Number of pages | 8 |
Journal | Procedia Computer Science |
Volume | 201 |
Issue number | C |
Early online date | 27 Apr 2022 |
DOIs | |
Publication status | Published - 2022 |
Event | 13th International Conference on Ambient Systems, Networks and Technologies, ANT 2022 / 5th International Conference on Emerging Data and Industry 4.0, EDI40 2022 - Porto, Portugal Duration: 22 Mar 2022 → 25 Mar 2022 |
Bibliographical note
Part of special issue: The 13th International Conference on Ambient Systems, Networks and Technologies (ANT) / The 5th International Conference on Emerging Data and Industry 4.0 (EDI40), Edited by Elhadi Shakshuki.Publisher Copyright:
© 2022 Elsevier B.V.. All rights reserved.
Keywords
- car ownership
- discrete choice
- multinomial logit
- residential location
- rural environment
- self-selection
- urban environment