This paper focuses on the choice between aggregate and disaggregate models, consisting in both univariate and multivariate specifications, in predicting aggregate variables. Here, we suggest a formal hypothesis testing procedure for in-sample model selection. The empirical size and power of the test are investigated via the use of Monte Carlo simulations. Empirical results show that the test ha...

This paper measures ‘excess’ car travel for its role in decarbonisation. On average, each English adult travels around 5,680 miles a year and emits 1,006 kg of CO2. However, the top 5% users 4.8 times emit 5.7 national average. Four binary logistic regression analyses were used to model probability that people with specified characteristics belong mileage emitter groups. Results indicated gende...