In this paper, disaggregate car ownership choice models are developedfor Hong Kong using the results of a survey with both revealed preference and stated preference questions. The car ownership choice (Iogit-type) models are calibrated to Investigate the effects of economic chonges andfiscal measures on the choice of car ownership. In the study, households are classified into non-car owning and car owning groups. These separoted groups arefurther sub-divided into those respondents who have no plans to bUy cars and those who plan to bUy cars. The revealed preference survey results were mainly used to collect the relevant data Of the respondents. The stated preference results revealed that monthly household Income, car purchose cost, annuai licence fee, monthly home-end parking and monthly car usage costs are the keyfactors Of pertaining to car ownership in Hong Kong.
|Number of pages||8|
|Journal||HKIE Transactions Hong Kong Institution of Engineers|
|Publication status||Published - 1 Jan 2000|
- Car Ownership
- Revealed Preference and Stated Preference Surveys
ASJC Scopus subject areas