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Title: A logit analysis of car ownership in Hong Kong based on stated intention information
Authors: Lam, WHK 
Tam, ML
MacDonald, C
Keywords: Car ownership
Revealed preference and stated preference surveys
Issue Date: 2000
Publisher: Hong Kong Institution of Engineers
Source: HKIE transactions, 2000, v. 7, no. 2, p. 21-28 How to cite?
Journal: HKIE transactions 
Abstract: In this paper, disaggregate car ownership choice models are developed for Hong Kong using the results of a survey with both revealed preference and stated preference questions. The car ownership choice (logit-type) models are calibrated to investigate the effects of economic changes and fiscal measures on the choice of car ownership. In the study, households are classified into non-car owning and car owning groups. These separated groups are further sub-divided into those respondents who have no plans to buy cars and those who plan to buy cars. The revealed preference survey results were mainly used to collect the relevant data of the respondents. The stated preference results revealed that monthly household income, car purchase cost, annual licence fee, monthly home-end parking and monthly car usage costs are the key factors of pertaining to car ownership in Hong Kong.
ISSN: 1023-697X
EISSN: 2326-3733
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