Semiparametric estimation of a work-trip mode choice model

Joel L. Horowitz*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

68 Scopus citations

Abstract

A binary response model of choice between automobile and transit for travel to work is estimated using fixed- and random-coefficients probit specifications, a semiparametric single-index specification, and a semiparametric specification that permits arbitrary heteroskedasticity of unknown form. The estimation methods are maximum likelihood for the probit models, semiparametric quasi- maximum-likelihood for the single-index model, and maximum score and smoothed maximum score for the arbitrarily heteroskedastic model. Specification tests result in rejection of the fixed- coefficients probit and single-index models but not of the random-coefficients probit model and the semiparametric model with arbitrary heteroskedasticity.

Original languageEnglish (US)
Pages (from-to)49-70
Number of pages22
JournalJournal of Econometrics
Volume58
Issue number1-2
DOIs
StatePublished - Jul 1993

ASJC Scopus subject areas

  • Economics and Econometrics

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