A Framework for Analyzing Rank Ordered Panel Data with Application to Automobile Demand

John K. Dagsvik and Gang Liu ()
Additional contact information
John K. Dagsvik and Gang Liu: Statistics Norway, http://www.ssb.no/english/research/
Authors registered in the RePEc Author Service: John K. Dagsvik

Discussion Papers from Research Department of Statistics Norway

Abstract: In this paper we develop a framework for analyzing panel data with observations on rank ordered alternatives that allows for correlated random taste shifters across time and across alternatives. As a special case we obtain a nested logit model type for rank ordered alternatives. We have applied this framework to estimate several model versions for household demand for conventional and alternative fuel automobiles in Shanghai based on rank ordered data obtained from a stated preference survey. The preferred model is then used to calculate demand probabilities and elasticities and the willingness-to-pay for alternative fuel vehicles.

Keywords: Random utility models; Nested rank ordered logit models; Automobile demand; Alternative fuel vehicles (search for similar items in EconPapers)
JEL-codes: C25 C33 L92 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dcm, nep-ecm and nep-upt
Date: 2006-10
View list of references

Downloads: (external link)
http://www.ssb.no/publikasjoner/DP/pdf/dp480.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ssb:dispap:480

Access Statistics for this paper

More papers in Discussion Papers from Research Department of Statistics Norway
Address: P.O.Box 8131 Dep, N-0033 Oslo, Norway
Contact information at EDIRC.
Series data maintained by B Mellemstrand ().