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A note on endogenous variables in household vehicle utilization equations

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  • Mannering, Fred L.
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    Abstract

    This paper presents an empirical analysis of the statistical bias resulting from the endogeniety of vehicle specific attributes in econometric models of household vehicle utilization. Using data from a recent U.S. household survey, both corrected and uncorrected vehicle utilization models are estimated. A comparison of these estimation results reflects the substantial bias in model coefficients, price elasticities and income elasticities that can result if the endogeneity of vehicle specific attributes is not considered.

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    Bibliographic Info

    Article provided by Elsevier in its journal Transportation Research Part B: Methodological.

    Volume (Year): 20 (1986)
    Issue (Month): 1 (February)
    Pages: 1-6

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    Handle: RePEc:eee:transb:v:20:y:1986:i:1:p:1-6

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    Cited by:
    1. Bento, Antonio M. & Goulder, Lawrence H. & Jacobsen, Mark R. & von Haefen, Roger H., 2007. "Distributional and Efficiency Impacts of Increased U.S. Gasoline Taxes," Working Papers 127021, Cornell University, Department of Applied Economics and Management.
    2. Kenneth A. Small & Kurt Van Dender, 2007. "Fuel Efficiency and Motor Vehicle Travel: The Declining Rebound Effect," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 25-52.
    3. Kitamura, Ryuichi & Bunch, David S., 1990. "Heterogeneity and State Dependence in Household Car Ownership: A Panel Analysis Using Ordered-Response Probit Models with Error Components," University of California Transportation Center, Working Papers qt0qv4q55r, University of California Transportation Center.
    4. Hymel, Kent M. & Small, Kenneth A. & Dender, Kurt Van, 2010. "Induced demand and rebound effects in road transport," Transportation Research Part B: Methodological, Elsevier, vol. 44(10), pages 1220-1241, December.

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