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In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise … commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the … timecosts fall. Using data from Great Britain, we demonstrate that the income elasticity ofcommuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10011338008
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise … commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the … timecosts fall. Using data from Great Britain, we demonstrate that the income elasticity ofcommuting speed is 0.126. The ratio …
Persistent link: https://www.econbiz.de/10010325545
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
hours, speed differences are probably one of the most important reasons for congestion. Although the model setting, with one … of slow drivers, and that ‘platooning’ may become an attractive option especially when the desire for a low speed is …
Persistent link: https://www.econbiz.de/10010361655
commuting are negatively related, and thus the probability of self-employment decreases with "expected" commuting time. We use … metropolitan areas in the US, focusing on the relationship between commuting time and the probability of self-employment. Our … empirical results show that the probability of self-employment is negatively related to the "expected" commuting time, giving …
Persistent link: https://www.econbiz.de/10011449760
relationship between individual earnings and commuting and leisure. Our empirical results show that employment is mostly … concentrated in metropolitan cores, and that earnings increase with "expected" commuting time, which gives empirical support to our … pattern of commuting and the employees-to-unemployed rate, although we find higher wages in comparatively crowded states …
Persistent link: https://www.econbiz.de/10011452224