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Random Utility Pseudo Panel Model and Application on Car Ownership Forecast

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  • Huang, Biao

Abstract

This paper reports the recent development on the theoretical aspects of the nonlinear pseudo panel, its empirical application on car demand model, and forecast of car ownership level in Great Britain to year 2026.

Suggested Citation

  • Huang, Biao, 2007. "Random Utility Pseudo Panel Model and Application on Car Ownership Forecast," MPRA Paper 7778, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:7778
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    File URL: https://mpra.ub.uni-muenchen.de/7778/1/MPRA_paper_7778.pdf
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    References listed on IDEAS

    as
    1. Dargay, Joyce M., 2002. "Determinants of car ownership in rural and urban areas: a pseudo-panel analysis," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 38(5), pages 351-366, September.
    2. William Greene, 2001. "Fixed and Random Effects in Nonlinear Models," Working Papers 01-01, New York University, Leonard N. Stern School of Business, Department of Economics.
    3. Huang, Biao, 2007. "The Use of Pseudo Panel Data for Forecasting Car Ownership," MPRA Paper 7086, University Library of Munich, Germany.
    4. Moffitt, Robert, 1993. "Identification and estimation of dynamic models with a time series of repeated cross-sections," Journal of Econometrics, Elsevier, vol. 59(1-2), pages 99-123, September.
    5. David Revelt & Kenneth Train, 1998. "Mixed Logit With Repeated Choices: Households' Choices Of Appliance Efficiency Level," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 647-657, November.
    6. Deaton, Angus, 1985. "Panel data from time series of cross-sections," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 109-126.
    7. Whelan, Gerard, 2007. "Modelling car ownership in Great Britain," Transportation Research Part A: Policy and Practice, Elsevier, vol. 41(3), pages 205-219, March.
    8. Gaundry, Marc J. I. & Dagenais, Marcel G., 1979. "The dogit model," Transportation Research Part B: Methodological, Elsevier, vol. 13(2), pages 105-111, June.
    9. Dargay, Joyce M, 2001. "The effect of income on car ownership: evidence of asymmetry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(9), pages 807-821, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    random utility; pseudo panel; Car Ownership;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities

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