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In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise … commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time … costs fall. Using data from Great Britain, we demonstrate that the income elasticity of commuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10005209517
There has been rapid urbanisation in the cities of India which has led to an increase in demand for mobility. Public transport has not been able to satisfy the transportation needs of the population leading to rise in vehicle ownership. The huge numbers of private vehicles, heterogeneous traffic...
Persistent link: https://www.econbiz.de/10011006951
Improvements of transport systems in big conurbation (higher speed and lower cost of individual mobility) have …. More precisely, our aim was to try to answer some questions : have car drivers a good appreciation of the car speed … drastic growth of the public transport supply and/or from a reduction of the car speed in order to reduce the car usage and …
Persistent link: https://www.econbiz.de/10011020084
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between … travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005062524
The relationship between speed and income is established in a microeconomic model focusing on the trade-off between … travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical …
Persistent link: https://www.econbiz.de/10005620057
the causal effect of commuting distance on workers' wages in a quasi-natural experiments setting using information on all …. For the range of commuting distances where income tax reductions associated with commuting do not apply, one kilometre … increase in commuting distance induces a wage increase of about 0.42%, suggesting an hourly compensation of about half of the …
Persistent link: https://www.econbiz.de/10011255820
commuting distances. The results illustrate that graduates are drawn to prospering regions with ample job opportunities …, supposedly in order to advance their careers. They choose their places of residence so as to balance their commuting distances …
Persistent link: https://www.econbiz.de/10009647238
of estimating the relationship between sub- jective well-being and commuting behaviour. In contrast to previous papers in …
Persistent link: https://www.econbiz.de/10010552834
In this study, Swedish stated preference data is used to derive estimated values of commuting time (VOCT). Both spouses … in two-earner households are individually making trade-offs between commuting time and wage; both with regard to their … own commuting time and wage only, as well as when both their own commuting time and wage and their spouse's commuting time …
Persistent link: https://www.econbiz.de/10004961386
People spend a lot of time commuting and often find it a burden. According to economics, the burden of commuting is … direct test of this strong notion of equilibrium, we find that people with longer commuting time report systematically lower … this ‘commuting paradox’. …
Persistent link: https://www.econbiz.de/10005822509