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In contrast to conventional model selection criteria, the Focused Information Criterion (FIC) allows for the purpose-specific choice of model specifications. This accommodates the idea that one kind of model might be highly appropriate for inferences on a particular focus parameter, but not for...
Persistent link: https://www.econbiz.de/10011902085
Rebound effects measure the behaviorally induced offset in the reduction of energy consumption following efficiency improvements. Using both panel estimation and quantile regression methods on household travel diary data collected in Germany between 1997 and 2009, this study investigates the...
Persistent link: https://www.econbiz.de/10010576104
Persistent link: https://www.econbiz.de/10004986864
Focusing on individual motorists in car-owning households in Germany, this paper econometrically investigates the determinants of automobile travel with the specific aim of quantifying the effects of fuel prices and person-level attributes on travel conducted over a five-day week and weekend....
Persistent link: https://www.econbiz.de/10005036052
Persistent link: https://www.econbiz.de/10004999698
Using a panel of household travel diary data collected in Germany between 1997 and 2005, this study assesses the effectiveness of fuel efficiency improvements by econometrically estimating the rebound effect, which measures the extent to which higher efficiency causes additional travel....
Persistent link: https://www.econbiz.de/10005548372
Focusing on travel survey data from Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and fuel economy. The analysis is predicated on the notion that car mileage is a two-stage decision process, comprising the...
Persistent link: https://www.econbiz.de/10005561970
Focusing on individual motorists in car-owning households in Germany, this paper investigates the determinants of automobile travel, with the specific aim of quantifying the effects of fuel prices and person-level attributes on travel conducted over a five-day week and weekend. Our analysis is...
Persistent link: https://www.econbiz.de/10008483042
This paper proposes a variant of the Hausman specification test for panel models that allows us to examine both the equality of the whole sets of coefficients of two alternative models as well as that of individual variables.
Persistent link: https://www.econbiz.de/10008494888
This paper proposes a variant of the classical HAUSMAN specifi cation test commonly employed to decide whether the estimation of a random-eff ects model is a viable alternative to estimating fi xed eff ects. Whereas the classical test probes the equality of fi xed- and random eff ects, the...
Persistent link: https://www.econbiz.de/10008518191