The university workers’ willingness to pay for commuting
AbstractUsing a dynamic approach, employing data on job mobility, we demonstrate that university workers’ marginal willingness to pay for reducing commuting distance is about €0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75 % of the net average hourly wage. For females, the willingness to pay is substantially higher than for males. It is also substantially higher for workers that work few hours per day, as predicted by theory. Copyright The Author(s) 2012
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Bibliographic InfoArticle provided by Springer in its journal Transportation.
Volume (Year): 39 (2012)
Issue (Month): 6 (November)
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Web page: http://www.springerlink.com/link.asp?id=103007
University; Workers; Commute; Willingness to pay;
Other versions of this item:
- Giovanni Russo & Jos van Ommeren & Piet Rietveld, 2010. "The University Workers' Willingness to pay for Commuting," Tinbergen Institute Discussion Papers 10-086/3, Tinbergen Institute.
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
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