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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...
Persistent link: https://www.econbiz.de/10004988099
Although urban economics theory predicts that households with higher incomes have different commuting time patterns than low income households, the direction of the effect is ambiguous. From a “value of time” perspective, one can argue that high income households may have shorter commuting...
Persistent link: https://www.econbiz.de/10005817765
Persistent link: https://www.econbiz.de/10005826819
Persistent link: https://www.econbiz.de/10005219099
This paper examines the price-reversibility of fuel demand for road transport. The analysis is based on an econometric model which utilizes price-decomposition techniques to measure separately the effects of different types of price increases and decreases. The methods proposed allow empirical...
Persistent link: https://www.econbiz.de/10005228163
This paper conducts an international comparative analysis of relationships between car ownership, daily travel and urban form. Using travel diary data for the US and Great Britain, we estimate models of car ownership and daily travel distance. Both a structural model with daily travel...
Persistent link: https://www.econbiz.de/10005236044
This paper presents a panel data analysis of annual time series from 1975 to 1995 for 62 urban areas in France. It compares the results obtained from a conventional fixed-effects (FE) model with a Bayesian approach (shrinkage estimators), which allows the computation of elasticities for each...
Persistent link: https://www.econbiz.de/10005236165
This paper has two objectives: to examine the volatility of travel behaviour over time and consider the factors explaining this volatility; and to estimate the factors determining car ownership and commuting by car. The analysis is based on observations of individuals and households over a...
Persistent link: https://www.econbiz.de/10005236167
The article develops a model which makes it possible to infer drivers' perceived extra costs per km of driving without a license and the moral costs of doing so. Furthermore, it gives estimates of the ratios between responses to car license suspension in different time perspectives. The...
Persistent link: https://www.econbiz.de/10005236169
The objective of this paper is to analyse the factors determining household car travel, and specifically the effects of household income and the prices of cars and motor fuels, and to explore the intertemporal pattern of adjustment. The question of asymmetry in the response to rising and falling...
Persistent link: https://www.econbiz.de/10005236186