VALUE OF TIME IN INTER-CITY TRAVEL

The author discusses inter-city travel in Sweden and compares different modes of transport from distance and developmental points of view. He mentions six parameters of modal split inter-city travel, two of which he considers are growing in importance, viz. Availability and speed. The relation between speed and fares can in a competitive situation be illustrated by the parameter "price per hour saved." The modal split between air and rail traffic is shown to have a high correlation with this concept. An analysis has been performed on railway service in Sweden and on air services in intra European traffic, showing high elasticity in the market with respect to frequency of service in public means of transport. /TRRL/

  • Corporate Authors:

    Royal Institute of Technology, Sweden

    Valhallavagen 79
    Stockholm,   Sweden  100 44
  • Authors:
    • Bjoerkman, B
  • Publication Date: 1973

Media Info

  • Features: Figures; Tables;
  • Pagination: 25 p.
  • Serial:
    • Issue Number: 37

Subject/Index Terms

Filing Info

  • Accession Number: 00097063
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: R&D Rpt.
  • Files: ITRD, TRIS
  • Created Date: Jul 24 1975 12:00AM