Travel time saving assessment
This research report covers the following aspects (from New Zealand and international perspectives) relating to the valuation of travel time savings for use in the economic appraisal of transport initiatives: 1. The relative importance of travel time savings in the appraisal of the overall benefits of transport initiatives. 2. Primary market research on how the behavioural valuation of travel time savings varies with the size of the time saving and the duration of the trip; and comparisons of these results with international market research findings and appraisal practices. 3. The case for adjustment of behavioural values of time savings (for application in economic appraisals) to compensate for any income differences (eg by mode); the effectiveness of 'equity' (equal values) approaches as a means of adjustment; and the merits of alternative adjustment approaches. The report makes recommendations that have implications for economic appraisal practices in the transport sector in New Zealand and, potentially, internationally.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/9780478445107
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Corporate Authors:
New Zealand Transport Agency
Private Bag 6995, Wellington 6141, New Zealand
Wellington, -
Authors:
- Wallis, I
- Rupp, K
- Alban, R
- Publication Date: 2015-4
Language
- English
Media Info
- Pagination: 157p
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Serial:
- Issue Number: 570
Subject/Index Terms
- TRT Terms: Behavior; Economic analysis; Economics; Equity; Time; Travel; Travel behavior; Travel time; Value of time
- Geographic Terms: New Zealand
- ATRI Terms: Economic analysis; Equity; Transport economics; Travel behaviour; Travel time; Value of time
- ITRD Terms: 263: Economics of transport; 9136: Equity
- Subject Areas: Economics; Society; I10: Economics and Administration;
Filing Info
- Accession Number: 01566638
- Record Type: Publication
- Source Agency: ARRB
- ISBN: 9780478445107
- Files: ITRD, ATRI
- Created Date: Jun 18 2015 11:03AM