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The ‘backhaul problem’ is characterized by an imbalance in transport flows between locations. This problem is usually studied in a perfectly competitive framework, which essentially predicts that when the imbalance is sufficiently large, the freight price of transport from low demand regions...
Persistent link: https://www.econbiz.de/10011373837
This paper investigates the welfare effect of adverse weather through changes in the speed of individuals’ car commuting trips in the entire Netherlands. Weather measurements are local and time specific (hourly basis). As most commuters travel twice a day between home and work, we are able to...
Persistent link: https://www.econbiz.de/10011377069
According to economic theory, imbalances in trade flows affect transport prices because (some) carriers have to return without cargo from the low demand region to the high demand region. Therefore, transport prices in the high demand direction have to exceed those in the low demand direction....
Persistent link: https://www.econbiz.de/10011377091
The literature on car cruising is dominated by theory. This is the first article thatexamines cruising for parking using a nation-wide random sample of car trips. We excludeemployer-provided and residential parking. We demonstrate that cruising time is, on average, 36seconds per car trip. Car...
Persistent link: https://www.econbiz.de/10011380051
In the present study we carry out an analysis of speed fluctuations as a determinant of the quality of public transport. We do this by focusing on a special cause of unreliability: variations in weather conditions. We use hourly measured weather conditions. The panel data results imply that snow...
Persistent link: https://www.econbiz.de/10011380054
Using a dynamic approach, employing data on job mobility, we demonstrate that university workers' marginal willingness to pay for reducing commuting distance is about euro 0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75% of...
Persistent link: https://www.econbiz.de/10011381594
The market for commercial properties is characterised by extreme heterogeneity in demand. In this paper, we aim to gain more insight in the heterogeneity in demand for employment agglomeration and size of the rental property using a two-stage hedonic approach following Bajari and Benkard (2005)....
Persistent link: https://www.econbiz.de/10011381817
In this paper we investigate the effects of new railway stations on house prices using an extensive repeated sales dataset over a period of 13 years. We employ semiparametric panel data techniques allowing for anticipation effects of station openings. We show that a kilometre reduction in...
Persistent link: https://www.econbiz.de/10011381910
We develop an equilibrium job search model in which employees incur commuting costs, and residential relocation is costly. We demonstrate that firms partially compensate workers for the incurred relocation costs to avoid paying compensation for commuting costs.
Persistent link: https://www.econbiz.de/10011326947
We develop an equilibrium job search model in which employees incur endogenous commuting costs. This model leads to the following conclusions:1.Firms partially compensate workers for the incurred commuting costs.2.When workers have more bargaining power, they will receive less compensation for...
Persistent link: https://www.econbiz.de/10011326971