Consumer Behavior Towards Fuel Efficient Vehicles. Volume III: Forecasts of the Composition of Household Motor Vehicle Holdings

摘要

This volume presents forecasts of household vehicle type purchases and holdings over the 1978 - 1985 period covered by Title V fuel economy Standards. The forecasts are based on an econometric model explaining the make, model and vintage composition of individual household vehicle holdings. The empirical analysis is based on a national random sample of households contacted in February, 1976. Two models are estimated, one explaining the compositions of holdings in one-vehicle households, and the other explaining vehicle choices in multiple-vehicle households.