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| In recent years, with economic development, private vehicle ownership is rapidly growing in China. While associated with many benefits, China's vehicle growth also brings worsening negative externalities, including traffic congestion, air pollution, and energy dependence on oil imports.The purpose of this paper is to study the variance in private vehicle ownership among different provinces and draw some implications on how to control the growth of private vehicle ownership. In this paper, our empirical analysis uses panel data from 31 provinces during 2000 to 2013 to estimate regression models of private vehicle ownership. The data are from National Bureau of Statistics of the People`s Republic of China and EPS net database. We obtain several conclusions in this study: private vehicle ownership increases more rapidly with income in high-urbanization provinces; a high urbanization level is normally associated with high private vehicle ownership; people in high-urbanization provinces are relatively more sensitive to increases in the time cost and vehicle use cost; highway investments on infrastructure to stimulate growth of private vehicle ownership is limited; public transport infrastructure investment reduces private vehicle ownership in high urbanization areas; holding other factors constant, a province that adopts policies to restrain vehicle use, and more generally to increase use cost, are effective in reducing per capita private vehicle ownership. |
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| Keywords:transportation; private vehicle ownership; vehicle limitaion |
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