Article ID: | iaor19911630 |
Country: | United States |
Volume: | 24A |
Issue: | 6 |
Start Page Number: | 427 |
End Page Number: | 442 |
Publication Date: | Nov 1990 |
Journal: | Transportation Research. Part A, Policy and Practice |
Authors: | Meurs Henk |
A number of models are presented and estimated describing the correlation of trip making over time. Unobserved heterogeneity is taken into account using random effects. The basic models considered are the serial correlation and the state-dependence model. Trip making in total and by transit was best described using state-dependence models; trip making by car by a model with lagged exogeneous variables. The generalized methods of moments procedure is used for estimation of the models: it is asymptotically efficient and does not require assumptions about the initial conditions.