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- W587045215 abstract "In recent years, increasing recognition of the challenges associated with global climate change and inequity in developed countries have revived researcher's interest towards analysing transportation related expenditure of households. The current research contributes to travel behaviour literature by developing an econometric model of household budgetary allocations with a particular focus on transportation expenditure. Towards this end, the authors employ the public-use micro-data extracted from the Survey of Household Spending (SHS) for the years 1997 – 2009. The proposed econometric modeling approach is built on the multiple discrete continuous extreme value model (MDCEV) framework. Specifically, in this analysis, the scaled version of the MDCEV model outperformed its other counterparts. Broadly, the model results indicated that a host of household socio-economic and demographic attributes along with the residential location characteristics affect the apportioning of income to various expenditure categories and savings. The authors also observed a relatively stable transportation spending behaviour over time; only gasoline expenses displayed an increase during the recession. Additionally, a policy analysis exercise is conducted where the authors observed that with increase in gasoline prices, people tend to allocate more resources towards public transit and non-motorized transport expenditure." @default.
- W587045215 created "2016-06-24" @default.
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- W587045215 date "2015-01-01" @default.
- W587045215 modified "2023-09-23" @default.
- W587045215 title "How Household Transportation Expenditures Have Evolved in Canada: Long-Term Perspective" @default.
- W587045215 hasPublicationYear "2015" @default.
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