03.01.2016 Views

Car Ownership? Evidence from the Copenhagen Metropolitan Area

n?u=RePEc:tin:wpaper:20150139&r=dem

n?u=RePEc:tin:wpaper:20150139&r=dem

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

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 />

24

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!