Modeling Household Car and Motorcycle Ownership: A Case of Macao

抄録

Reducing the private vehicle ownership and usage is one of the key challenges in the development of a sustainable transportation system. However, to evaluate the effectiveness of a policy, it is necessary to understand the factors that influence the preferences and behavior of travelers. In this paper, the characteristics of household vehicle ownership level for cars and motorcycles in Macao are investigated. A discrete choice approach is used to estimate the number of vehicles that a household would own using disaggregate household survey data. The result suggests that income has positive effect on both car and motorcycle ownership. Car ownership level is higher at lower population density at residential location, whereas motorcycle is more popular at high population density area.