Discussion Papers no. 480
A framework for analyzing rank ordered panel data with application to automobile demand
In this paper we develop a framework for analyzing panel data with observations on rank ordered alternatives that allows for correlated random taste shifters across time and across alternatives. As a special case we obtain a nested logit model type for rank ordered alternatives. We have applied this framework to estimate several model versions for household demand for conventional and alternative fuel automobiles in Shanghai based on rank ordered data obtained from a stated preference survey. The preferred model is then used to calculate demand probabilities and elasticities and the willingness-to-pay for alternative fuel vehicles.
Om publikasjonen
- Tittel
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A framework for analyzing rank ordered panel data with application to automobile demand
- Ansvarlige
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John K. Dagsvik, Gang Liu
- Serie og -nummer
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Discussion Papers no. 480
- Utgiver
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Statistics Norway
- Emne
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Discussion Papers
- Antall sider
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25
- Målform
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Engelsk
- Om Discussion Papers
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Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.
Kontakt
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