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Australian baby boomers switched to more environment friendly modes of transport during the global financial crisis
Kamruzzaman, Md.; Yigitcanlar, T.; Washington, S.; Currie, G. & Turrell, G.
Abstract
The global financial crisis (GFC) in 2008
rocked economies around the world. Several intermediate
outcomes of the GFC included loss of jobs and reduced
income. Relatively little research has, however, examined
the impacts of the GFC on individual level travel behaviour
change. To address this shortcoming, HABITAT panel data
were employed to estimate a multinomial logit model to
examine mode switching behaviour between 2007 and
2009 of a baby boomers cohort in Brisbane, Australia—a
city within a developed country that has been on many
metrics the least affected by the GFC. In addition, a
Poisson regression model was estimated to model the
number of trips made by individuals in 2007, 2008, and
2009. The South East Queensland travel survey datasets
were used to develop this model. Four linear regression
models were estimated to assess the effects of the GFC on
time allocated to travel during a day: one for each of the
three travel modes including public transport, active
transport, less environmentally friendly transport; and an
overall travel time model irrespective of mode. The results
reveal that the baby boomers switched to more environmentally
friendly travel modes during the GFC.
Keywords
Global financial crisis; Mode choice; Travel behaviour change; Environmentally friendly modes of transport; Brisbane; Australia
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