THE VALUE OF TRAVEL TIME IN BRITISH COLUMBIA : A COMPENDIUM OF REPORTS

In 1990, the British Columbia Ministry of Transportation and Highways initiated the Economic Analysis Project to develop a methodology for performing social cost benefit analysis of highway improvements. The value of travel time was identified as a major road user cost component. Studies were initiated to further examine the value of travel time. The purpose of this compendium is to: outline the background research that produced the values of travel time savings used in economic appraisals, summarize the findings of the research, and present all work on travel time costing that was carries out under the Economic Analysis Project. Five reports are included in this document. Report 1 determines value of travel time for drivers and passengers of light vehicles, city busses and trucks. Report 2 is the result of a pilot survey which tested and confirmed the findings in Report 1 for passenger cars. Report 3 deals with time-related costs of trucks and inter-city busses. Report 4 revises Report 3 data on trucks and Report 5 supplements the vehicle types considered in Reports 3 and 4. Recommendations are presented.

  • Corporate Authors:

    BRITISH COLUMBIA. MINISTRY OF TRANSPORTATION AND HIGHWAYS. PLANNING SERVICES BRANCH

    VANCOUVER, BRITISH COLUMBIA  Canada 
  • Authors:
    • Waters, W G
    • Wong, C
    • EVANS, J A
    • MEGALE, K
  • Publication Date: 1994-11

Language

  • English

Subject/Index Terms

Filing Info

  • Accession Number: 00765854
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada (TAC)
  • Files: ITRD
  • Created Date: Jul 1 1999 12:00AM