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research article
Are French Households Car-Use Addicts? A microeconomic perspective
This article presents a microeconometric analysis of household car use in France. To characterize car use dependence, the myopic and rational addiction models are estimated using panel data drawn from the French "Car Fleet" survey. Significantly, the assumption of rational addiction to car use cannot be rejected, and is even supported by a plausible estimate of the intertemporal rate of substitution (17%). Furthermore, the rational model yields realistic estimates of the fuel cost- and income-elasticities of household car use, respectively - 0.23 and + 0.10 for the short run, and - 0.37 and + 0.16 for the long run. © 2015 Elsevier Inc.
Type
research article
Authors
Publication date
2015
Published in
Volume
54
Start page
86
End page
94
Peer reviewed
REVIEWED
EPFL units
Available on Infoscience
July 15, 2015
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