Can repeated surveys reveal the variation of the value of travel time over time
Bibliographic Data
| ID | 19338366 |
|---|---|
| Authors | Maria Börjesson (0000-0001-9235-0232, Swedish National Road and Transport Research Institute, corresponding author), Marco Kouwenhoven (0000-0001-7589-4924), Gerard De Jong (0000-0003-3405-6523), Andrew Daly (0000-0001-5319-2745, University of Leeds) |
| Year | 2023 |
| Volume | 50 |
| Issue | 1 |
| Pages | 245-284 |
| Publication date | 2023-02-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Transportation (JOURNAL) |
| Journal identifiers | ISSN: 0049-4488 • E-ISSN: 1572-9435 |
| Publisher | Springer Science and Business Media LLC (PUBLISHER) |
| DOI | 10.1007/s11116-021-10243-y |
| OpenAlex | W3204838657 |
| Language | EN |
| Citations received | 1 |
| References cited | 24 |
This paper studies intertemporal changes in the value of travel time (VTT) and investigates whether the change of VTT over time can be studied based on national VTT data, collected at two points in time. We use repeated national VTT data from the Netherlands and Sweden, collected 13 and 14 years apart. The results show mostly a declining VTT for a given income level. The results show also a large within-country heterogeneity across modes and purposes, in the cross-sectional income elasticity of the VTT, and in its development over time. The explanation most consistent with our results and those of others is that the VTT has in fact increased due to income increases, but that the repeated stated choice data cannot detect this given the data, methodology and population changes. In particular, it seems that the response rate has dropped considerably in the later surveys partly due to a higher share of (busy) respondents declining to be recruited. The main contribution of this paper is to document the differences between the studies carried out in different years, indicating the reasons why it is difficult to identify temporal changes in the VTT
Demographic economics · Econometrics · Economics · Population · Statistics · Transport engineering · Travel time · Value (mathematics) · Value of time · Demography · Economic and Environmental Valuation · Engineering · Mathematics · Transportation Planning and Optimization · Urban Transport and Accessibility
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| Citations per year | 1 |
|---|---|
| Citation span | 2026 - 2026 (1) |
| Highly cited | No |