IDEAS home Printed from https://ideas.repec.org/a/eee/jotrge/v104y2022ics0966692322001818.html
   My bibliography  Save this article

An empirical study on consumer automobile purchase intentions influenced by the COVID-19 outbreak

Author

Listed:
  • Yan, Yingying
  • Zhong, Shiquan
  • Tian, Junfang
  • Jia, Ning

Abstract

The sudden onset of the coronavirus disease 2019 (COVID-19) may influence individuals' automobile purchase decisions, thus bringing great uncertainty to the automobile industry. To this end, the current study investigates individuals' behaviors regarding the purchase of automobiles, both before and after the outbreak of COVID-19. An ICLV (integrated choice and latent variable) model that integrates the socio-demographics, epidemic-related variables and psychological latent variables is applied. A survey of 960 respondents was conducted in China during the epidemic. The results suggest that there was an increase in the demand for automobiles after the COVID-19 outbreak. Firstly, demand was especially high in the groups of females, citizens, high-income earners, and people who own a driving license or who live in high epidemic risk areas. Secondly, although the severity of the epidemic for residences has a positive effect on automobile demand, travelers' perceived vulnerability is the key factor motivating purchases. Thirdly, the epidemic's negative income effects reduced the purchase propensity. Several dynamic policies are proposed to automobile consumption of the special time of the COVID-19 pandemic.

Suggested Citation

  • Yan, Yingying & Zhong, Shiquan & Tian, Junfang & Jia, Ning, 2022. "An empirical study on consumer automobile purchase intentions influenced by the COVID-19 outbreak," Journal of Transport Geography, Elsevier, vol. 104(C).
    • Handle: RePEc:eee:jotrge:v:104:y:2022:i:c:s0966692322001818
    DOI: 10.1016/j.jtrangeo.2022.103458
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0966692322001818
    Download Restriction: no
    File URL: https://libkey.io/10.1016/j.jtrangeo.2022.103458?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Thun, Jörn-Henrik & Hoenig, Daniel, 2011. "An empirical analysis of supply chain risk management in the German automotive industry," International Journal of Production Economics, Elsevier, vol. 131(1), pages 242-249, May.
    2. Liu, Shan & Wang, Lin & Huang, Wei (Wayne), 2017. "Effects of process and outcome controls on business process outsourcing performance: Moderating roles of vendor and client capability risks," European Journal of Operational Research, Elsevier, vol. 260(3), pages 1115-1128.
    3. Malik, Jai & Bunch, David S. & Handy, Susan & Circella, Giovanni, 2021. "A deeper investigation into the effect of the built environment on the use of ridehailing for non-work travel," Journal of Transport Geography, Elsevier, vol. 91(C).
    4. Cuiyan Wang & Riyu Pan & Xiaoyang Wan & Yilin Tan & Linkang Xu & Cyrus S. Ho & Roger C. Ho, 2020. "Immediate Psychological Responses and Associated Factors during the Initial Stage of the 2019 Coronavirus Disease (COVID-19) Epidemic among the General Population in China," IJERPH, MDPI, vol. 17(5), pages 1-25, March.
    5. Soto, Jose J. & Márquez, Luis & Macea, Luis F., 2018. "Accounting for attitudes on parking choice: An integrated choice and latent variable approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 111(C), pages 65-77.
    6. Dowling, Grahame R & Staelin, Richard, 1994. "A Model of Perceived Risk and Intended Risk-Handling Activity," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 21(1), pages 119-134, June.
    7. Yang, Xiaofang & Jin, Wen & Jiang, Hai & Xie, Qianyan & Shen, Wei & Han, Weijian, 2017. "Car ownership policies in China: Preferences of residents and influence on the choice of electric cars," Transport Policy, Elsevier, vol. 58(C), pages 62-71.
    8. Zhang, Linling & Long, Ruyin & Chen, Hong, 2019. "Do car restriction policies effectively promote the development of public transport?," World Development, Elsevier, vol. 119(C), pages 100-110.
    9. Nolan, Anne, 2010. "A dynamic analysis of household car ownership," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(6), pages 446-455, July.
    10. Varotto, Silvia F. & Glerum, Aurélie & Stathopoulos, Amanda & Bierlaire, Michel & Longo, Giovanni, 2017. "Mitigating the impact of errors in travel time reporting on mode choice modelling," Journal of Transport Geography, Elsevier, vol. 62(C), pages 236-246.
    11. Bhat, Chandra R., 2015. "A new generalized heterogeneous data model (GHDM) to jointly model mixed types of dependent variables," Transportation Research Part B: Methodological, Elsevier, vol. 79(C), pages 50-77.
    12. Choo, Sangho & Mokhtarian, Patricia L., 2004. "What type of vehicle do people drive? The role of attitude and lifestyle in influencing vehicle type choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 38(3), pages 201-222, March.
    13. Xian, Yujiao & Wang, Qian & Fan, Wenrong & Da, Yabin & Fan, Jing-Li, 2022. "The impact of different incentive policies on new energy vehicle demand in China's gigantic cities," Energy Policy, Elsevier, vol. 168(C).
    14. Di Ciommo, Floridea & Monzón, Andrés & Fernandez-Heredia, Alvaro, 2013. "Improving the analysis of road pricing acceptability surveys by using hybrid models," Transportation Research Part A: Policy and Practice, Elsevier, vol. 49(C), pages 302-316.
    15. Ben-Akiva, Moshe & McFadden, Daniel & Train, Kenneth & Börsch-Supan, Axel, 2002. "Hybrid Choice Models: Progress and Challenges," Sonderforschungsbereich 504 Publications 02-29, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    16. Lavieri, Patrícia S. & Bhat, Chandra R., 2019. "Modeling individuals’ willingness to share trips with strangers in an autonomous vehicle future," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 242-261.
    17. Yang, Jui-Chen & Johnson, F. Reed & Kilambi, Vikram & Mohamed, Ateesha F., 2015. "Sample size and utility-difference precision in discrete-choice experiments: A meta-simulation approach," Journal of choice modelling, Elsevier, vol. 16(C), pages 50-57.
    18. Li, Tao & Wang, Jiaoe & Huang, Jie & Yang, Wenyue & Chen, Zhuo, 2021. "Exploring the dynamic impacts of COVID-19 on intercity travel in China," Journal of Transport Geography, Elsevier, vol. 95(C).
    19. He, Xiaoping & Jiang, Shuo, 2021. "Effects of vehicle purchase restrictions on urban air quality: Empirical study on cities in China," Energy Policy, Elsevier, vol. 148(PB).
    20. Dargay, Joyce M, 2001. "The effect of income on car ownership: evidence of asymmetry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(9), pages 807-821, November.
    21. Yang, Jun & Liu, Ying & Qin, Ping & Liu, Antung A., 2014. "A review of Beijing׳s vehicle registration lottery: Short-term effects on vehicle growth and fuel consumption," Energy Policy, Elsevier, vol. 75(C), pages 157-166.
    22. Márquez, Luis & Cantillo, Víctor & Arellana, Julián, 2014. "How are comfort and safety perceived by inland waterway transport passengers?," Transport Policy, Elsevier, vol. 36(C), pages 46-52.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Daniel Albalate & Xavier Fageda, 2022. ""Have Low Emission Zones slowed urban traffic recovery after Covid-19?"," IREA Working Papers 202222, University of Barcelona, Research Institute of Applied Economics, revised Dec 2022.
    2. Su, Chi-Wei & Wang, Dan & Mirza, Nawazish & Zhong, Yifan & Umar, Muhammad, 2023. "The impact of consumer confidence on oil prices," Energy Economics, Elsevier, vol. 124(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Luis Márquez & Víctor Cantillo & Julián Arellana, 2020. "Assessing the influence of indicators’ complexity on hybrid discrete choice model estimates," Transportation, Springer, vol. 47(1), pages 373-396, February.
    2. Zhang, Zhao & Jin, Wen & Jiang, Hai & Xie, Qianyan & Shen, Wei & Han, Weijian, 2017. "Modeling heterogeneous vehicle ownership in China: A case study based on the Chinese national survey," Transport Policy, Elsevier, vol. 54(C), pages 11-20.
    3. He, Sylvia Y. & Thøgersen, John, 2017. "The impact of attitudes and perceptions on travel mode choice and car ownership in a Chinese megacity: The case of Guangzhou," Research in Transportation Economics, Elsevier, vol. 62(C), pages 57-67.
    4. Kemal Çelik & Erkan Oktay & Muhsin Doğan Ebül & Ömer Özhancı, 2015. "Factors influencing consumers’ light commercial vehicle purchase intention in a developing country," Management & Marketing, Sciendo, vol. 10(2), pages 148-162, September.
    5. Li, Shengxiao (Alex) & Guan, Xiaodong & Wang, Donggen, 2022. "How do constrained car ownership and car use influence travel and life satisfaction?," Transportation Research Part A: Policy and Practice, Elsevier, vol. 155(C), pages 202-218.
    6. Qian, Lixian & Grisolía, Jose M. & Soopramanien, Didier, 2019. "The impact of service and government-policy attributes on consumer preferences for electric vehicles in China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 122(C), pages 70-84.
    7. Jou, Rong-Chang & Huang, Wen-Hsiu & Wu, Yuan-Chan & Chao, Ming-Che, 2012. "The asymmetric income effect on household vehicle ownership in Taiwan: A threshold cointegration approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(4), pages 696-706.
    8. Di Ciommo, Floridea & Comendador, Julio & López-Lambas, María Eugenia & Cherchi, Elisabetta & Ortúzar, Juan de Dios, 2014. "Exploring the role of social capital influence variables on travel behaviour," Transportation Research Part A: Policy and Practice, Elsevier, vol. 68(C), pages 46-55.
    9. Abu Toasin Oakil & Dorien Manting & Hans Nijland, 2018. "The role of individual characteristics in car ownership shortly after relationship dissolution," Transportation, Springer, vol. 45(6), pages 1871-1882, November.
    10. Dirk Temme & Marcel Paulssen & Till Dannewald, 2007. "Integrating latent variables in discrete choice models – How higher-order values and attitudes determine consumer choice," SFB 649 Discussion Papers SFB649DP2007-065, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
    11. Li, Jingjing & Nian, Victor & Jiao, Jianling, 2022. "Diffusion and benefits evaluation of electric vehicles under policy interventions based on a multiagent system dynamics model," Applied Energy, Elsevier, vol. 309(C).
    12. Wang, Tingting & Chen, Cynthia, 2012. "Attitudes, mode switching behavior, and the built environment: A longitudinal study in the Puget Sound Region," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1594-1607.
    13. Busch-Geertsema, Annika & Lanzendorf, Martin, 2017. "From university to work life – Jumping behind the wheel? Explaining mode change of students making the transition to professional life," Transportation Research Part A: Policy and Practice, Elsevier, vol. 106(C), pages 181-196.
    14. Mohamad Shatanawi & Mohammed Hajouj & Belal Edries & Ferenc Mészáros, 2022. "The Interrelationship between Road Pricing Acceptability and Self-Driving Vehicle Adoption: Insights from Four Countries," Sustainability, MDPI, vol. 14(19), pages 1-32, October.
    15. Bjerkan, Kristin Ystmark & Nordtømme, Marianne Elvsaas, 2014. "Car use in the leisure lives of adolescents. Does household structure matter?," Transport Policy, Elsevier, vol. 33(C), pages 1-7.
    16. Mohammadhossein Abbasi & Amir Reza Mamdoohi & Grzegorz Sierpiński & Francesco Ciari, 2023. "Usage Intention of Shared Autonomous Vehicles with Dynamic Ride Sharing on Long-Distance Trips," Sustainability, MDPI, vol. 15(2), pages 1-17, January.
    17. Astroza, Sebastian & Guarda, Pablo & Carrasco, Juan Antonio, 2022. "Modeling the relationship between food purchasing, transport, and health outcomes: Evidence from Concepcion, Chile," Journal of choice modelling, Elsevier, vol. 42(C).
    18. John Eakins, 2013. "The Determinants of Household Car Ownership: Empirical Evidence from the Irish Household Budget Survey," Surrey Energy Economics Centre (SEEC), School of Economics Discussion Papers (SEEDS) 144, Surrey Energy Economics Centre (SEEC), School of Economics, University of Surrey.
    19. Bergantino, Angela S. & Bierlaire, Michel & Catalano, Mario & Migliore, Marco & Amoroso, Salvatore, 2013. "Taste heterogeneity and latent preferences in the choice behaviour of freight transport operators," Transport Policy, Elsevier, vol. 30(C), pages 77-91.
    20. Pfertner, Maximilian & Büttner, Benjamin & Duran-Rodas, David & Wulfhorst, Gebhard, 2022. "Workplace relocation and its association with car availability and commuting mode choice," Journal of Transport Geography, Elsevier, vol. 98(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jotrge:v:104:y:2022:i:c:s0966692322001818. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/journal-of-transport-geography .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.