Estimating the effects of income inequality, information communication technology, and transport infrastructure on transport-oriented household expenditures
Zahid Hussain, Chunhui Huo, Jabbar Ul-Haq, Hubert Visas, Muhammad Umair
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引用次数: 0
Abstract
This study investigates the influence of transport infrastructure, income inequality, information and communication technology on transport-oriented household expenditures. For this purpose, we chose the data set period from 1997 to 2021 for the 24 OECD countries and employed the cross-sectional auto-regressive distributed lagged (CS-ARDL) approach. Therefore, the outcomes reveal that income inequality drastically upsurges transport-oriented household expenditures, especially the pre-tax income share of the 100th percentile concentration of the super-rich. Besides, there is a convex relationship between income inequality and household expenditures. The magnitudes of information and communication technology (ICT) are negative and significant, implying that ICT reduces transport-related household expenditures by allowing them to access real-time information and choose their destination as well as travel modes from the comfort of their own homes. Also, the combined effect of income inequality and ICT reduces transport-related household expenditures in the sample countries. Thus, the findings recommend some policy implications and direct future research directions based on empirical evidence.
期刊介绍:
In our first issue, published in 1972, we explained that this Journal is intended to promote the free and vigorous exchange of ideas and experience among the worldwide community actively concerned with transportation policy, planning and practice. That continues to be our mission, with a clear focus on topics concerned with research and practice in transportation policy and planning, around the world.
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