The econometric estimation of the value of time in urban areas: The case study from Pilsen

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11690%2F08%3A00009997" target="_blank" >RIV/00216208:11690/08:00009997 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The econometric estimation of the value of time in urban areas: The case study from Pilsen

Popis výsledku v původním jazyce

The aim of this paper is to apply advanced econometric techniques to estimate the monetary value of travel time in a Czech urban area. The model is cast in the discrete-choice framework and is applied on a data-set of actual transport behavior of Pilseninhabitants. To estimate the monetary value of the travel time, the probability of the choice of a particular transport mode for a specific trip purpose must be estimated. I consider the following transport modes: car, city public transport, bicycle andwalking. The Cube software provides trip characteristics for each trip and used mode and also for all alternative modes. I use a multinomial logit model. Explanatory variables include trip costs, travel time, socio-demographic characteristics and attitudes towards transport modes. The choice is estimated for journeys to work and home. The value of time varies with trip purpose. My results suggest that current practice of the Ministry of Transport significantly overestimates the actual va

Název v anglickém jazyce

The econometric estimation of the value of time in urban areas: The case study from Pilsen

Popis výsledku anglicky

The aim of this paper is to apply advanced econometric techniques to estimate the monetary value of travel time in a Czech urban area. The model is cast in the discrete-choice framework and is applied on a data-set of actual transport behavior of Pilseninhabitants. To estimate the monetary value of the travel time, the probability of the choice of a particular transport mode for a specific trip purpose must be estimated. I consider the following transport modes: car, city public transport, bicycle andwalking. The Cube software provides trip characteristics for each trip and used mode and also for all alternative modes. I use a multinomial logit model. Explanatory variables include trip costs, travel time, socio-demographic characteristics and attitudes towards transport modes. The choice is estimated for journeys to work and home. The value of time varies with trip purpose. My results suggest that current practice of the Ministry of Transport significantly overestimates the actual va

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/GP402%2F07%2FP484" target="_blank" >GP402/07/P484: Teoretická analýza regulace dopravy</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2008

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceeding of 26th International Conference on Mathematical Methods in Economics 2008, September 17-19, 2008, Liberec, Czech Republic

ISBN

978-80-7372-387-3

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

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Název nakladatele

Technická univerzita v Liberci

Místo vydání

Liberec

Místo konání akce

Liberec

Datum konání akce

17. 9. 2008

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000260962300007