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Analysis on Expenditure Structures and Impact Factors of Household Transportation Cost  

Han, Sang-Yong (한국교통연구원 녹색성장실천연구본부)
Lee, Jae-Hun (한국교통연구원 철도교통연구실)
Publication Information
Journal of Korean Society of Transportation / v.28, no.2, 2010 , pp. 33-43 More about this Journal
Abstract
The objective of this paper is to analyze expenditure structures and impact factors of household's transportation cost in order to provide policy-maker with quantitative and economic information for reducing household's transportation costs, using 1995-2007 household survey data. For this purpose, this study performed various economic analysis, including econometric regression analysis and income re-distributional effects. The four models were separately estimated with dependent variable (personal and public costs, public transit and private car costs) and independent variables (family, employ, age, education, cars, household income, region dummy variable). In addition, We analyzes impacts of transport policy instruments on the transportation expenditure. These instruments include changes of oil price and public transit fare, reform of public transport system, and extension of subway facilities. Finally, income re-distributional effects before and after transportation expenditure, using Pechman-Okner (PO) index and Wolfson index.
Keywords
Household Transportation Cost; Expenditure Structure; Impact Factors; Elasticity; Income Distributional Effects;
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