Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/86586
Authors: 
van Ommeren, Jos
Dargay, Joyce
Year of Publication: 
2004
Series/Report no.: 
Tinbergen Institute Discussion Paper 04-092/3
Abstract: 
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the timecosts fall. Using data from Great Britain, we demonstrate that the income elasticity ofcommuting speed is 0.126. The ratio of variabIe monetary costs to travel time costs is0.14.
Subjects: 
commuting
speed
travel demand modelling
JEL: 
R41
Document Type: 
Working Paper

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