An Analysis of Habitual Mode Use in the Years of Rising Oil Prices

Table 12

Estimation results of probit equations with two-period lag dependent variables.

	Probit Estimates			Probit Estimates
	Without Controlling Initial Conditions			With Controlling Initial Conditions
	Car	Transit	Non-motor	Car	Transit	Non-motor
Lcar	1.574			1.568
	(0.116)			(0.116)
LLcar	0.296			-0.460
	(0.116)			(0.674)
Ltransit		1.402			1.374
		(0.113)			(0.114)
LLtransit		0.421			-0.461
		(0.115)			(0.365)
Lnon-motor			2.004			1.996
			(0.190)			(0.190)
LLnon-motor			0.720			0.309
			(0.188)			(0.555)
Female	-0.118	0.204	-0.155	-0.196	0.291	-0.150
	(0.069)	(0.070)	(0.099)	(0.097)	(0.078)	(0.099)
Age 20s	0.171	-0.018	-0.054	0.098	0.141	-0.085
	(0.140)	(0.137)	(0.181)	(0.153)	(0.150)	(0.184)
Age 30s	0.188	-0.052	0.046	0.330	-0.113	-0.010
	(0.132)	(0.131)	(0.172)	(0.181)	(0.133)	(0.186)
Age 40s	0.316	-0.089	-0.241	0.524	-0.234	-0.299
	(0.132)	(0.132)	(0.180)	(0.225)	(0.144)	(0.194)
Age 50s	0.015	0.099	0.087	0.191	-0.014	0.034
	(0.135)	(0.135)	(0.180)	(0.205)	(0.142)	(0.191)
Seoul_m	-0.237	0.285	-0.073	-0.350	0.445	-0.080
	(0.070)	(0.071)	(0.101)	(0.122)	(0.095)	(0.101)
Time	-0.005	0.009	-0.011	-0.006	0.011	-0.012
	(0.001)	(0.001)	(0.002)	(0.001)	(0.001)	(0.002)
Vehicles	0.188	-0.257	0.071	0.225	-0.288	0.062
	(0.053)	(0.058)	(0.073)	(0.062)	(0.059)	(0.074)
Self_emp	0.190	-0.110	-0.176	0.315	-0.236	-0.193
	(0.096)	(0.102)	(0.146)	(0.146)	(0.114)	(0.148)
Hchg	0.033	-0.069	0.008	0.035	-0.086	0.006
	(0.133)	(0.137)	(0.180)	(0.133)	(0.137)	(0.181)
Jchg	-0.249	0.122	0.318	-0.259	0.125	0.316
	(0.111)	(0.112)	(0.144)	(0.111)	(0.112)	(0.144)
Midincome	0.031	0.125	-0.154	0.098	0.118	-0.190
	(0.095)	(0.096)	(0.124)	(0.112)	(0.096)	(0.132)
Highincome	0.172	0.061	-0.348	0.256	0.039	-0.388
	(0.102)	(0.104)	(0.141)	(0.126)	(0.104)	(0.149)
Cons	-1.342	-1.212	-1.108	-1.007	-1.003	-0.943
	(0.153)	(0.150)	(0.197)	(0.331)	(0.171)	(0.287)
]	-	-	-	0.461	0.551	0.230
				(0.405)	(0.217)	(0.292)
Log-likelihood	-896.04	-853.18	-389.85	-895.39	-849.92	-389.54
Obs	1,966	1,966	1,966	1,966	1,966	1,966

Note: the numbers in the parentheses are standard errors. and denote significance at the 5% and 10% level, respectively.