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Cohort Effects and Their Influence on Car Ownership
Iacono, Michael, J; Levinson, David, M (2015)
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https://hdl.handle.net/11299/179833
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Title
Cohort Effects and Their Influence on Car Ownership
Authors
Issue Date
2015
Type
Working Paper
Abstract
Recent trends in the United States suggest a movement toward saturation of vehicle ownership. This paper examines this trend through an analysis of car ownership in the Minneapolis- St. Paul, Minnesota (USA) metropolitan region. Data from pooled cross-sectional household surveys are used to calibrate a model of car ownership that includes birth cohort effects to capture unobserved variations in preference toward car ownership across generations. Declines in household size and worker status have significant impacts in limiting the growth of car ownership, but they are also coupled by an apparent softening of preferences toward ownership among young adults.
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Dr. David M. Levinson [279]
Series/Report Number
Nexus Working Papers; 000138
Funding information
Minnesota Department of Transportation, Metropolitan Council of the Twin Cities
Suggested Citation
Iacono, Michael, J; Levinson, David, M. (2015). Cohort Effects and Their Influence on Car Ownership. Retrieved from the University of Minnesota Digital Conservancy, https://hdl.handle.net/11299/179833.
Content distributed via the University of Minnesota's Digital Conservancy may be subject to additional license and use restrictions applied by the depositor.