00755131

Component

https://doi.org/10.3141/1617-27

http://scholar.google.com...lman&publication_year=1998

In the development of residential location choice models, multicollinearity among measures of socioeconomic status and family status prohibits the inclusion of a large number of these attributes in a single specification. Alternative methods of representing these attributes with a smaller number of summary or representative measures are tested. Factor analysis is performed on the census tract-level family status and socioeconomic status variables to produce factor scores that are used in residential location choice models. The factor analysis results are also used to select one representative socioeconomic status variable and one representative family status variable to be used in choice models. These approaches are tested against a base model that uses a full set of 11 attributes. To incorporate systematic taste variation, the factors and representative variables are interacted with individual household income and life-cycle characteristics. The factor analysis approach provides a clearer interpretation of the influence of socioeconomic status and family status than inclusion of multiple variables, which obtains many nonsignificant and counterintuitive parameters. The factor scores are preferred over the use of a single representative variable, which is not readily interpreted with respect to impact of the variables it represents.

This paper appears in Transportation Research Record No. 1617, Land Use and Transportation Planning and Programming Applications.

English

p. 194-202

1998

Transportation Research Record

0309064627

References (25) ; Tables (9)

Factor analysis; Families; Mathematical models; Persons by socioeconomic levels; Residential location; Transportation planning

Choices; Family status

Highways; Planning and Forecasting; Public Transportation; Society; I72: Traffic and Transport Planning

TRIS, TRB, ATRI

Oct 27 1998 12:00AM

• AN INTEGRATED GEOGRAPHIC INFORMATION SYSTEM SOLUTION FOR ESTIMATING TRANSPORTATION INFRASTRUCTURE NEEDS: A FLORIDA EXAMPLE
• ANNUAL AVERAGE DAILY TRAFFIC PREDICTION MODEL FOR COUNTY ROADS
• CASE STUDY IN THE APPLICATION OF ADJUSTED CENSUS DATA FOR PLANNING PROJECTS
• COMPARISON OF DISAGGREGATE SIMPLICIAL DECOMPOSITION AND FRANK-WOLFE ALGORITHMS FOR USER-OPTIMAL ROUTE CHOICE
• DRIVEN TO SHOP? ROLE OF TRANSPORTATION IN FUTURE HOME SHOPPING
• EFFECTIVITY AND IMPACT OF PARTICIPATIVE PLANNING
• EVALUATION OF ACCESSIBILITY OF URBAN TRANSPORTATION NETWORKS
• FORECASTING MULTIPLE-PERIOD FREEWAY LINK TRAVEL TIMES USING MODULAR NEURAL NETWORKS
• GAME-THEORETIC FORMULATIONS OF INTERACTION BETWEEN DYNAMIC TRAFFIC CONTROL AND DYNAMIC TRAFFIC ASSIGNMENT
• HOUSEHOLD TRAVEL, HOUSEHOLD CHARACTERISTICS, AND LAND USE: AN EMPIRICAL STUDY FROM THE 1994 PORTLAND ACTIVITY-BASED TRAVEL SURVEY
• INNOVATIVE APPROACH TO MULTIPLE-CRITERIA EVALUATION OF MULTIMODAL ALTERNATIVES: NEWBERG-DUNDEE TRANSPORTATION IMPROVEMENT PROJECT CASE STUDY
• MAKING THE CONNECTION: THE TRANSPORTATION IMPROVEMENT PROGRAM AND THE LONG-RANGE PLAN
• MEASURING THE IMPACT OF LIGHT RAIL SYSTEMS ON SINGLE-FAMILY HOME VALUES: A HEDONIC APPROACH WITH GEOGRAPHIC INFORMATION SYSTEM APPLICATION
• MON/FAYETTE ROUTE 51 TO PITTSBURGH TRANSPORTATION PROJECT: A SUCCESS STORY IN INTEGRATING CONGESTION MANAGEMENT SYSTEM ANALYSIS, MAJOR INVESTMENT STUDY, AND NATIONAL ENVIRONMENTAL POLICY ACT PROCESSES
• MOVING TOWARD SUSTAINABILITY: TRANSFORMING A COMPREHENSIVE LAND USE AND TRANSPORTATION PLAN
• MULTIPERIOD HIGHWAY IMPROVEMENT AND CONSTRUCTION SCHEDULING: MODEL DEVELOPMENT AND APPLICATION
• ON-LINE VEHICLE ROUTING WITH TIME WINDOWS: OPTIMIZATION-BASED HEURISTICS APPROACH FOR FREIGHT DEMANDS REQUESTED IN REAL-TIME
• PERFORMANCE MEASURES: LINKING OUTPUTS AND OUTCOMES TO ACHIEVE GOALS
• PLANNING LEE COUNTY'S VARIABLE-PRICING PROGRAM
• PRESENTATION OF COMPARATIVE DATA FOR TRANSPORTATION PLANNING STUDIES
• REVIEW OF LONG-RANGE TRANSPORTATION PLANS OF FLORIDA'S METROPOLITAN PLANNING ORGANIZATIONS
• TRANSPORTATION ECONOMIC AND LAND USE SYSTEM
• TRAVEL PATTERNS OF OLDER AUSTRALIANS IN AN INTERNATIONAL CONTEXT: POLICY IMPLICATIONS AND OPTIONS
• TRIP GENERATION AND PARKING REQUIREMENTS IN TRADITIONAL SHOPPING DISTRICTS
• UNINTENDED CONSEQUENCES OF POLICY DECISIONS: WHATEVER HAPPENED WITH THE INTERMODAL SURFACE TRANSPORTATION EFFICIENCY ACT MANAGEMENT SYSTEMS?
• URBAN FORM AND VEHICULAR TRAVEL: SOME EMPIRICAL FINDINGS