Research Article

College Students’ Choice Behavior of Electric Two-Wheeled Vehicle

Table 8

Elasticity analysis of socioeconomic and vehicle use characteristics.

VariableFuel vehicleETWV
100 cc SC-I125 cc SC-II150 cc MTLightweight ETWV-IHeavy duty ETWV-II

Age (SC-II)0.313−0.3580.3130.3130.204
Age (MT)0.2150.215−0.8520.2150.140
Gender (SC-II)−0.1350.205−0.135−0.135−0.089
Gender (MT)−0.576−0.5761.006−0.576−0.383
Gender (ETWV-II)−0.051−0.051−0.051−0.0510.269
Personal monthly income (ETWV-II)−0.083−0.083−0.083−0.0830.399
Variable cost (SC-II)0.299−0.3760.2990.2990.199
Acceptable price of ETWV (ETWV-II)−0.128−0.128−0.128−0.1280.579