How generational are generational trends in in vehicle ownership and use?

Stephen Jarvis

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: There are longstanding debates about the differences between generations. This includes claims that Millennials have fundamentally different preferences for driving and vehicle ownership when compared to prior generations. Using data on the United Kingdom I do indeed find large observed differences in driving habits and vehicle ownership between Millennials and prior generations. However, once certain confounding factors are controlled for these differences largely disappear. These results confirm findings from related work that looked at the United States, indicating that generational trends in driving habits are likely a fairly general phenomenon.

Keywords: vehicle ownership; driving; generational changes (search for similar items in EconPapers)
JEL-codes: D12 L91 R22 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2022-01
New Economics Papers: this item is included in nep-ene and nep-tre
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:113646

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