Modelling Vehicle Ownership and Use in Low Income Countries
Kenneth Button, N Ngoe, John Hine
Abstract
Kenneth Button, N Ngoe, John Hine
Abstract
The objective is to develop a forecasting framework designed to provide medium term projections. The models relate ownership and use of vehicles to a set of socio-economic variables for a large sample of the poorest countries in the world. In addition to estimation of elasticities and other relevant parameters, some sample forecasts are produced.
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The objective is to develop a forecasting framework designed to provide medium term projections. The models relate ownership and use of vehicles to a set of socio-economic variables for a large sample of the poorest countries in the world. In addition to estimation of elasticities and other relevant parameters, some sample forecasts are produced.
Key concepts: Car ownership, Urbanization, Work (physics), Developing country, Business, Perception, Economics, Transport engineering