Browsing by Subject "Joint econometric model"
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Item Quantifying the relative contribution of factors to household vehicle miles of travel(2017-12) Singh, Abhilash Chandra; Bhat, Chandra R. (Chandrasekhar R.), 1964-Household vehicle miles of travel (VMT) has been exhibiting a steady growth in post-recession years in the United States and is poised to reach record levels in 2017. With transportation accounting for 27 percent of greenhouse gas emissions, planning professionals are increasingly seeking ways to curb vehicular travel to advance sustainable, vibrant, and healthy communities. Although there is considerable understanding of the various factors that influence household vehicular travel, there is little knowledge of their relative contribution to explaining variance in household VMT. This thesis presents a holistic analysis to identify the relative contribution of socio-economic and demographic characteristics, built environment attributes, residential self-selection effects, and social and spatial dependency effects in explaining household VMT production. The modeling framework employs a simultaneous equations model of residential location (density) choice and household VMT generation. The analysis is performed using household travel survey data from the New York metropolitan region. Model results showed insignificant spatial dependency effects, with socio-demographic variables explaining 38%, built environment attributes explaining 8.5%, and self-selection effects explaining 5.9% of the total variance in household VMT. The remaining 47% remains unexplained and attributable to omitted variables and unobserved idiosyncratic factors, calling for further research in this domain to better understand the drivers of household VMT.