A study on the determinants of private car ownership in China: Findings from the panel data

Na Wu, Shengchuan Zhao and Qi Zhang

Transportation Research Part A: Policy and Practice, 2016, vol. 85, issue C, 186-195

Abstract: This study examines the determinants of private car ownership in China. The target cities are 32 provincial capital cities and the target period is from 2001 to 2011. In order to capture the individual effects (heterogeneity), the fixed and random effect models are adopted and compared, in which 8 explanatory variables are selected to include economic characteristics, urban characteristics, and transportation characteristics. Moreover, double natural logarithm model is employed to measure the elastic relationship between the private car ownership and regressors. The estimated results show that the fixed effect model performs better than pooled regression model and the random effect model. In addition, there are variations of private car ownership among cities and regions. Finally, the influence of factors responsible for these variations is also presented and discussed in this paper.

Keywords: Private car ownership; Panel data; The fixed effect model; The random effect model; Double logarithm model (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (20)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:85:y:2016:i:c:p:186-195

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DOI: 10.1016/j.tra.2016.01.012

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