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An analysis of household vehicle holding durations considering intended holding durations

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  • Yamamoto, Toshiyuki
  • Kitamura, Ryuichi

Abstract

Household vehicle holding durations are examined in this study using panel data. Panel data enable the observation of changes in household vehicle holdings in discrete time periods. If the data set contains retrospective recall data which offer information on the types and the occurrence time points of the transactions since the last survey, direct observation of the transaction process along a continuous time axis is possible. Furthermore, if the data contain information on intentions for future transactions and actual outcomes of the intentions in later waves, the relationship between intended transactions and actual transactions can be observed. In this study, we develop models of actual vehicle holding durations and models of intended vehicle holding durations for the same set of vehicles. Comparing these two sets of models, the effects on household vehicle holding durations of changes in the household's plans for vehicle holding and unexpected events can be inferred. To represent unaccounted associations between intended vehicle holding durations and actual vehicle holding durations, vehicle specific error components are introduced into the duration models. A non-parametric approach is adopted in model estimation using mass points, which requires no assumption on the distribution of the error components.

Suggested Citation

  • Yamamoto, Toshiyuki & Kitamura, Ryuichi, 2000. "An analysis of household vehicle holding durations considering intended holding durations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 34(5), pages 339-351, June.
    • Handle: RePEc:eee:transa:v:34:y:2000:i:5:p:339-351
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    1. Matsumoto, Shigeru & Iwata, Kazuyuki, 2019. "Do environmental rebates affect the replacement of durable products? An analysis of vehicle ownership duration in Japan," Economic Analysis and Policy, Elsevier, vol. 61(C), pages 64-72.
    2. Chang, Hsin-Li & Yeh, Tsu-Hurng, 2007. "Exploratory analysis of motorcycle holding time heterogeneity using a split-population duration model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 41(6), pages 587-596, July.
    3. Lee, Backjin & Timmermans, Harry J.P., 2007. "A latent class accelerated hazard model of activity episode durations," Transportation Research Part B: Methodological, Elsevier, vol. 41(4), pages 426-447, May.
    4. Yamamoto, Toshiyuki & Madre, Jean-Loup & Kitamura, Ryuichi, 2004. "An analysis of the effects of French vehicle inspection program and grant for scrappage on household vehicle transaction," Transportation Research Part B: Methodological, Elsevier, vol. 38(10), pages 905-926, December.
    5. Younshik Chung, 2017. "Identification of Critical Factors for Non-Recurrent Congestion Induced by Urban Freeway Crashes and Its Mitigating Strategies," Sustainability, MDPI, vol. 9(12), pages 1-14, December.
    6. Ulf-Christian Ewert & Alexia Prskawetz, 2000. "Private car use in Austria by demographic structure and regional variations," MPIDR Working Papers WP-2000-006, Max Planck Institute for Demographic Research, Rostock, Germany.
    7. Rashidi, Taha Hossein & Mohammadian, Abolfazl (Kouros), 2011. "A dynamic hazard-based system of equations of vehicle ownership with endogenous long-term decision factors incorporating group decision making," Journal of Transport Geography, Elsevier, vol. 19(6), pages 1072-1080.
    8. Masashi Okushima, 2015. "Simulating social influences on sustainable mobility shifts for heterogeneous agents," Transportation, Springer, vol. 42(5), pages 827-855, September.
    9. Gaofeng Gu & Tao Feng & Dujuan Yang & Harry Timmermans, 2021. "Modeling dynamics in household car ownership over life courses: a latent class competing risks model," Transportation, Springer, vol. 48(2), pages 809-829, April.
    10. Baltas, George & Saridakis, Charalampos, 2013. "An empirical investigation of the impact of behavioural and psychographic consumer characteristics on car preferences: An integrated model of car type choice," Transportation Research Part A: Policy and Practice, Elsevier, vol. 54(C), pages 92-110.
    11. Hyochul Park & Yong Lee & Hee Shin & Keemin Sohn, 2011. "Analyzing the time frame for the transition from leisure-cyclist to commuter-cyclist," Transportation, Springer, vol. 38(2), pages 305-319, March.
    12. Chen, Cynthia & Niemeier, Debbie, 2005. "A mass point vehicle scrappage model," Transportation Research Part B: Methodological, Elsevier, vol. 39(5), pages 401-415, June.

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