The impact of urban form on vehicle ownership
Economics Letters, 2020, vol. 186, issue C
Driving is the single biggest source of household carbon emissions, and land-use policies that encourage higher density are motivated in part by findings of lower vehicle ownership rates in compact areas. However, many previous estimates suffer from self-selection bias. Utilizing an indicator variable for the presence of same gender children in the household as an instrument for population density, I find a 10% increase in density causes a 0.012 decrease in the size of a household’s vehicle fleet, a reduction of about half a percentage point.
Keywords: Vehicle demand; Land-use regulation; Carbon emissions (search for similar items in EconPapers)
JEL-codes: R0 Q5 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:186:y:2020:i:c:s0165176519303830
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