House Choice and Commute Time
| Predicted Commuting Mode | |||||
|---|---|---|---|---|---|
| Transit | Car | Model 1 | Model 2 | Model 3 | |
| (1) | (2) | (3) | (4) | (5) | |
| First-Step Estimation | |||||
| Diff. in ln commute time (husband – wife) | 0.1367 | 0.1705 | 0.1200 | 0.1167 | 0.1248 |
| (0.0048) | (0.0025) | (0.0023) | (0.0016) | (0.0023) | |
| Avg. ln commute time | −1.7938 | −2.3649 | −2.1227 | −2.1640 | −2.1352 |
| (0.0095) | (0.0046) | (0.0053) | (0.0053) | (0.0052) | |
| ln dist. to current home | −1.1780 | −1.0761 | −1.1049 | −1.0945 | −1.1011 |
| (0.0042) | (0.0017) | (0.0021) | (0.0020) | (0.0021) | |
| lnp × demeaned ln household income | 0.2711 | 0.2465 | 0.2601 | 0.2202 | 0.2594 |
| (0.0149) | (0.0043) | (0.0060) | (0.0033) | (0.0059) | |
| lnp × demeaned husband age | 1.3834 | 1.3138 | 1.3427 | 1.3413 | 1.3377 |
| (0.0510) | (0.0183) | (0.0226) | (0.0169) | (0.0221) | |
| Second-Step Estimation | |||||
| lnp | −4.318 | −4.632 | −4.497 | −4.517 | −4.506 |
| (0.640) | (0.634) | (0.627) | (0.627) | (0.627) | |
Notes: In Columns 3–5, Models 1–3 corresponds to the three transportation mode choice models (Online Appendix Table C.1). The second-step estimations follow the specification as in Table 4, Column 4. Standard errors in the second step account for arbitrary spatial correlation up to 5 km. Coefficients other than that associated with lnp are suppressed to save space. First-stage F-statistic on the instrumental variable for lnp is 216.