Abstract Travel time is less costly if it is comfortable or can be used productively. One could hence argue that the value of travel time (VTT) of car travellers in economic appraisal should be differentiated by road type, reflecting differences in road quality. We explain the theoretical foundation for such a differentiation, review the relevant literature and show the results of an empirical case study based on actual route choice of highway drivers in Norway. We find little existing literature discussing the link between road type and VTT, but closely related findings suggest that that the impact on VTT could be substantial. Our empirical case study also suggests that the VTT is lower on higher quality road types. Applying this to economic appraisal would imply higher user benefits of road projects that improve road quality.


    Zugriff

    Download


    Exportieren, teilen und zitieren



    Titel :

    Value of travel time by road type


    Beteiligte:
    Stefan Flügel (Autor:in) / Askill H. Halse (Autor:in) / Knut J. L. Hartveit (Autor:in) / Aino Ukkonen (Autor:in)


    Erscheinungsdatum :

    2022




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Unbekannt




    Value of travel time by road type

    Flügel, Stefan / Halse, Askill H. / Hartveit, Knut J. L. et al. | Springer Verlag | 2022

    Freier Zugriff


    Estimation of the value of travel time and of travel time reliability for heterogeneous drivers in a road network

    Kato, Teppei / Uchida, Kenetsu / Lam, William H. K. et al. | Online Contents | 2020


    Value of Travel Time Savings

    Sheikh, Adnan / Guin, Angshuman / Guensler, Randall | Transportation Research Record | 2019


    The value of travel time

    Burns, Lawrence D. | Elsevier | 1980