The Determinants of Car Ownership Among Working Adults In Penang, Malaysia

Pengarang

  • Lian Yee Lee School of Social, Universiti Sains Malaysia, Malaysia
  • Yong Kang Cheah College of Business Universiti Malaysia, Malaysia

DOI:

https://doi.org/10.32890/mmj2015.19.3

Kata kunci:

Car, congestion, ownership, traffic, transportation

Abstrak

Penang has the third highest rate of car ownership in Malaysia. Traffic congestion issues have worsened alarmingly over the past few years. The objective of the present study was to investigate the factors affecting car ownership in Penang. A logit model and data from a primary survey consisting of 498 respondents were used for an in-depth analysis. The findings of the present study show that age, gender, ethnicity, income, education and parking issues are significant determinants of car ownership. In particular, individuals who are aged between 26 and 35 years; females; Chinese; high income earners and tertiary–educated, are more likely to own cars compared to others. Based on these findings, several intervention strategies are recommended.

 

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own cars than non-tertiary–educated individuals.

This supports the findings of Raphael and Rice (2002) that well-educated individuals are more likely to own cars than less-educated individuals. The explanation is that well-educated individuals tend to hold higher position in companies, thus, they are more likely to own cars, as cars are often viewed as status symbols (Golob and Hensher, 1998). As an intervention strategy to reduce car ownership, a successful policy should be targeted primarily at well-educated individuals. For instance, the government could use financial professionals to widely publicise the fact that owning a car will only increase one’s financial burden rather than one’s status.

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Diterbitkan

2015-12-01

Terbitan

Jil. 19 (2015): Malaysian Management Journal (MMJ) Vol. 19, 2015

Bahagian

Articles

Cara Memetik

Lee, L. Y., & Cheah, Y. K. (2015). The Determinants of Car Ownership Among Working Adults In Penang, Malaysia. Malaysian Management Journal, 19, 37-49. https://doi.org/10.32890/mmj2015.19.3

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