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A Dynamic Empirical Analysis of Household Vehicle Ownership and Utilization
Abstract
In this article we develop a dynamic model of household vehicle ownership and utilization behavior by using data that were generated before, during, and after the 1979 energy crisis. The principal empirical findings are that households have maintained a distinct preference for American over foreign cars, but also have strong brand loyalties. The results suggest that notwithstanding recent financial trends, U.S. firms must continue to make technological improvements in their vehicles and must combat the brand loyalty that has developed for foreign vehicles if the domestic automobile industry is to be viable at the present scale of operations.
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Cited by
Elasticities of Road Traffic and Fuel Consumption with Respect to Price and Income: A Review
GOODWIN, P., DARGAY, J., & HANLY, M. (2004) · Transport Reviews · doi:10.1080/0144164042000181725 · Cited by 782
The Effects of Urban Spatial Structure on Travel Demand in the United States
Bento, A. M., Cropper, M. L., Mobarak, A. M., & Vinha, K. (2005) · Review of Economics and Statistics · doi:10.1162/0034653054638292 · Cited by 546
Choo, S., & Mokhtarian, P. L. (2004) · Transportation Research Part A: Policy and Practice · doi:10.1016/j.tra.2003.10.005 · Cited by 444
Conspicuous conservation: The Prius halo and willingness to pay for environmental bona fides
Sexton, S. E., & Sexton, A. L. (2014) · Journal of Environmental Economics and Management · doi:10.1016/j.jeem.2013.11.004 · Cited by 413
Mannering, F., Bhat, C. R., Shankar, V., & Abdel-Aty, M. (2020) · Analytic Methods in Accident Research · doi:10.1016/j.amar.2020.100113 · Cited by 367
Self-citation
Metadata
- Authors
- Mannering, F., & Winston, C.
- Venue
- The RAND Journal of Economics
- Publisher
- Wiley
- Published
- 1985
- Volume
- 16
- Issue
- 2
- Pages
- 215
- ISSN
- 0741-6261 (ISSN-L)
- OpenAlex
- W2061562273
- Cited by
- 361
- References
- 0
- FWCI
- 23.32
- Type
- journal article
- Language
- en
- Open access
- closed
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- Mannering, F., & Winston, C. (1985). A Dynamic Empirical Analysis of Household Vehicle Ownership and Utilization. The RAND Journal of Economics. https://doi.org/10.2307/2555411
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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
