Motorcycle-to-car ownership at different urbanization levels: road mobility, accessibility, and income inequality
Recent empirical research found that the motorcycle-to-car (MTC) ownership ratio and economic performance have an inverse U-shaped relationship, with the MTC ownership ratio increasing at lower economic levels but decreasing after a critical threshold. This study examined the effects of income pe...
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| Main Authors: | , , , , |
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| Format: | Article |
| Published: |
Elsevier
2023
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| Online Access: | http://psasir.upm.edu.my/id/eprint/109220/ https://linkinghub.elsevier.com/retrieve/pii/S1361920923002766 |
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| Summary: | Recent empirical research found that the motorcycle-to-car (MTC) ownership ratio and economic
performance have an inverse U-shaped relationship, with the MTC ownership ratio increasing at
lower economic levels but decreasing after a critical threshold. This study examined the effects of
income per population, relative improvements in road mobility over road accessibility (MOA) and
income inequality on the MTC ownership ratio under different levels of urbanization. A panel of
53 nations from 1963 to 2013 was analyzed using fixed-effects panel linear regression. The inverse U-shaped relationship between the MTC ownership ratio and income changes to a U-shaped
relationship as urbanization rises. The growing rate of the MTC ownership ratio and the turning
point for the inverse U-shaped relationship between the ratio and income inequality both rise
along with urbanization. The negative effect of MOA on the ownership ratio of MTC is lessened by
urbanization. |
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