Car Ownership? Evidence from the Copenhagen Metropolitan Area
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Table 4.a First step estimation procedure (multinomial logit) for single earner households: interaction parameter estimates<br />
Amenities<br />
Households characteristics<br />
Log (hous.<br />
income)<br />
Age Age sq.<br />
/1000<br />
Number of<br />
children<br />
Employment access with public transport / 1000 * dummy variable indicating no car ‐0.005*** ‐0.001*** 0.007*** ‐0.001***<br />
(0.001) (0.0001) (0.001) (0.001)<br />
Proximity to <strong>the</strong> nearest metro station (km) * dummy variable indicating no car ‐0.062 0.019* ‐0.243** ‐0.054<br />
(0.062) (0.009) (0.096) (0.042)<br />
Dummy variable indicating one car 0.501*** ‐0.033*** 0.329** 0.155***<br />
(0.082) (0.011) (0.120) (0.053)<br />
Dummy variable indicating non‐apartment ‐0.693*** ‐0.053*** 0.460*** 0.404***<br />
(0.084) (0.012) (0.125) (0.054)<br />
Log (standardized housing price) 2.230*** 0.052*** 0.109 0.195**<br />
(0.111) (0.016) (0.168) (0.070)<br />
Share of higher educated 2.420*** ‐0.087*** 1.082*** 0.178**<br />
(0.182) (0.025) (0.261) (0.109)<br />
Number of conserved/protected buildings per sq.m. ‐0.262*** 0.005 0.071 0.270***<br />
(0.052) (0.007) (0.071) (0.029)<br />
Distance to <strong>the</strong> CBD. 0.013*** 0.001** 0.006** 0.011***<br />
(0.002) (0.0003) (0.003) (0.001)<br />
Social housing (share) ‐0.528*** 0.018** ‐0.072 0.108***<br />
(0.069) (0.008) (0.085) (0.035)<br />
Dummy variable indicating non‐apartment * dummy variable indicating one car 0.285*** 0.052*** ‐0.308*** ‐0.075***<br />
(0.052) (0.007) (0.072) (0.031)<br />
Dummy variable indicating parking charging * dummy variable indicating one car ‐0.058 ‐0.007 ‐0.057 ‐0.291***<br />
(0.054) (0.008) (0.083) (0.039)<br />
Notes: standard errors in paren<strong>the</strong>ses; ***, **, * indicate that estimates are significantly different <strong>from</strong> zero at <strong>the</strong> 0.01, 0.05 and 0.10 levels, respectively.<br />
α's<br />
β's<br />
γ's<br />
Education<br />
(medium)<br />
0.002*<br />
(0.001)<br />
‐0.069<br />
(0.057)<br />
0.211**<br />
(0.078)<br />
0.152<br />
(0.086)<br />
‐0.283**<br />
(0.116)<br />
2.968***<br />
(0.177)<br />
0.021<br />
(0.048)<br />
‐0.008**<br />
(0.002)<br />
0.096<br />
(0.062)<br />
0.081<br />
(0.048)<br />
‐0.138**<br />
(0.061)<br />
Education<br />
(high)<br />
0.001<br />
(0.001)<br />
0.016<br />
(0.059)<br />
0.030<br />
(0.087)<br />
0.001<br />
(0.096)<br />
‐0.017<br />
(0.126)<br />
5.582***<br />
(0.201)<br />
‐0.129*<br />
(0.055)<br />
‐0.024***<br />
(0.003)<br />
0.084<br />
(0.078)<br />
0.218***<br />
(0.055)<br />
0.004<br />
(0.057)<br />
Singles<br />
‐0.003***<br />
(0.001)<br />
‐0.109<br />
(0.068)<br />
‐0.830***<br />
(0.088)<br />
‐1.159***<br />
(0.092)<br />
1.030***<br />
(0.122)<br />
0.732***<br />
(0.186)<br />
0.161***<br />
(0.050)<br />
0.019***<br />
(0.002)<br />
‐0.189***<br />
(0.062)<br />
‐0.313***<br />
(0.053)<br />
‐0.287***<br />
(0.059)<br />
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