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Drawing on household data from Germany, this study econometrically analyzes the determinants of automobile ownership, focusing specifically on the extent to which decreases in family size translate into changes in the number of cars at the national level. Beyond modeling several variables over...
Persistent link: https://www.econbiz.de/10011488463
Battery electric vehicles (BEV) present a promising approach to decarbonizing the transportation sector. This extends beyond electric passenger cars, such as electric motorcycles that hold significant potential in emerging markets with high population density and income disparities. However,...
Persistent link: https://www.econbiz.de/10014520509
Persistent link: https://www.econbiz.de/10013445417
of the parametric assumptions. But simulation results obtained for the half normal model indicate that a method of … not strongly dominating noise (Coelli, 1995). In this paper we provide detailed simulation results comparing the two … estimation approaches for both the half-normal and the exponential approach to inefficiency. Based on the simulation results we …
Persistent link: https://www.econbiz.de/10012989267
Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of durables, under the PIH model, is 100%. This...
Persistent link: https://www.econbiz.de/10012783955
. We developed a computer simulation model to estimate the minimum number of AGVs required to meet reliability the minimum …
Persistent link: https://www.econbiz.de/10012968941
Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of durables, under the PIH model, is 100%. This...
Persistent link: https://www.econbiz.de/10012470965
This article examines the relationship between observed claim frequencies in the automobile insurance line and the evolution of selected economic magnitudes. From a variety of economic variables, we aim to identify the main factors affec - ting claim frequencies, while controlling for other...
Persistent link: https://www.econbiz.de/10012268143
Persistent link: https://www.econbiz.de/10011960185
The number of households with two or more cars is steadily increasing over time. The reason is that ownership of a single car imposes restrictions on car use when there are multiple license holders in a household. If such restrictions are severe, the benefits of multiple-car ownership may exceed...
Persistent link: https://www.econbiz.de/10011337399