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Transport and time use: The values of leisure, work and travel

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  • Jara-Diaz, Sergio

Abstract

In this position paper we argue that transport decisions are intimately linked with the assignment of available time to activities, and that a full understanding of the so-called value of travel time savings (VTTS) requires modeling time use as a whole, in order to disentangle VTTS into the value of liberated time and the value assigned to the conditions of travel. A richer microeconomic framework has emerged from which the values of leisure and work can be empirically estimated, such that the components of VTTS can be calculated as well, which permits to identify correctly the priorities when deciding investments.

Suggested Citation

  • Jara-Diaz, Sergio, 2020. "Transport and time use: The values of leisure, work and travel," Transport Policy, Elsevier, vol. 86(C), pages 7-13.
    • Handle: RePEc:eee:trapol:v:86:y:2020:i:c:p:a7-a13
    DOI: 10.1016/j.tranpol.2019.12.001
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    References listed on IDEAS

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    1. Schmid, Basil & Jokubauskaite, Simona & Aschauer, Florian & Peer, Stefanie & Hössinger, Reinhard & Gerike, Regine & Jara-Diaz, Sergio R. & Axhausen, Kay W., 2019. "A pooled RP/SP mode, route and destination choice model to investigate mode and user-type effects in the value of travel time savings," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 262-294.
    2. Michael C Burda & Daniel S Hamermesh & Philippe Weil, 2007. "Total Work, Gender and Social Norms," SciencePo Working papers Main hal-00972817, HAL.
    3. Marcela Munizaga & Sergio Jara-Díaz & Paulina Greeven & Chandra Bhat, 2008. "Econometric Calibration of the Joint Time Assignment--Mode Choice Model," Transportation Science, INFORMS, vol. 42(2), pages 208-219, May.
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    6. Sergio Jara-Díaz & Marcela Munizaga & Javiera Olguín, 2013. "The role of gender, age and location in the values of work behind time use patterns in Santiago, Chile," Papers in Regional Science, Wiley Blackwell, vol. 92(1), pages 87-102, March.
    7. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    8. repec:hal:wpspec:info:hdl:2441/8651 is not listed on IDEAS
    9. Jara-Díaz, Sergio R. & Videla, Jorge, 1989. "Detection of income effect in mode choice: Theory and application," Transportation Research Part B: Methodological, Elsevier, vol. 23(6), pages 393-400, December.
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    12. Jokubauskaitė, Simona & Hössinger, Reinhard & Aschauer, Florian & Gerike, Regine & Jara-Díaz, Sergio & Peer, Stefanie & Schmid, Basil & Axhausen, Kay W. & Leisch, Friedrich, 2019. "Advanced continuous-discrete model for joint time-use expenditure and mode choice estimation," Transportation Research Part B: Methodological, Elsevier, vol. 129(C), pages 397-421.
    13. Jara-Díaz, Sergio R. & Farah, Marcelo, 1987. "Transport demand and users' benefits with fixed income: The goods/leisure trade off revisited," Transportation Research Part B: Methodological, Elsevier, vol. 21(2), pages 165-170, April.
    14. Kwangsuck Lee & In-Moo Kim, 2005. "Estimating the value of leisure time in Korea," Applied Economics Letters, Taylor & Francis Journals, vol. 12(10), pages 639-641.
    15. Sergio R. Jara-Diaz & Cristián A. Guevara, 2003. "Behind the Subjective Value of Travel Time Savings," Journal of Transport Economics and Policy, University of Bath, vol. 37(1), pages 29-46, January.
    16. repec:hal:wpspec:info:hdl:2441/8650 is not listed on IDEAS
    17. repec:hal:spmain:info:hdl:2441/8651 is not listed on IDEAS
    18. Jara-Díaz, Sergio R. & Munizaga, Marcela A. & Greeven, Paulina & Guerra, Reinaldo & Axhausen, Kay, 2008. "Estimating the value of leisure from a time allocation model," Transportation Research Part B: Methodological, Elsevier, vol. 42(10), pages 946-957, December.
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    Cited by:

    1. Jara-Díaz, Sergio R. & Rosales-Salas, Jorge, 2020. "Time use: The role of sleep," Transportation Research Part A: Policy and Practice, Elsevier, vol. 136(C), pages 1-20.
    2. Brian Buh & Stefanie Peer, 2022. "Environmental Concern and the Determinants of Night Train Use: Evidence from Vienna (Austria)," SRE-Disc sre-disc-2022_02, Institute for Multilevel Governance and Development, Department of Socioeconomics, Vienna University of Economics and Business.
    3. Schmid, Basil & Molloy, Joseph & Peer, Stefanie & Jokubauskaite, Simona & Aschauer, Florian & Hössinger, Reinhard & Gerike, Regine & Jara-Diaz, Sergio R. & Axhausen, Kay W., 2021. "The value of travel time savings and the value of leisure in Zurich: Estimation, decomposition and policy implications," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 186-215.
    4. Jara-Díaz, Sergio & Candia, Diego, 2020. "A new look at the value of leisure in two-worker households," Economics of Transportation, Elsevier, vol. 24(C).
    5. Bhuvanachithra Chidambaram & Joachim Scheiner, 2021. "Leisure Quality among German Parents—Exploring Urbanity, Mobility, and Partner Interaction as Determinants," Sustainability, MDPI, vol. 13(11), pages 1-20, May.
    6. Simona Jokubauskaitė & Reinhard Hössinger & Sergio Jara-Díaz & Stefanie Peer & Alyssa Schneebaum & Basil Schmid & Florian Aschauer & Regine Gerike & Kay W. Axhausen & Friedrich Leisch, 2022. "The role of unpaid domestic work in explaining the gender gap in the (monetary) value of leisure," Transportation, Springer, vol. 49(6), pages 1599-1625, December.

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