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Statements

Subject Item
n2:RIV%2F00216208%3A11690%2F08%3A00010434%21RIV10-GA0-11690___
rdf:type
skos:Concept n21:Vysledek
dcterms:description
The aim of this paper is to apply advanced econometric techniques to estimate the monetary value of travel time in a Czech urban area. The model is cast in the discrete-choice framework and is applied on a data-set of actual transport behavior of Pilsen inhabitants. To estimate the monetary value of the travel time, I use a multinomial logit model. The set of explanatory variables includes trip costs, travel time, socio-demographic characteristics and attitudes towards various transport modes. The choice is estimated for journeys to work and journeys to home during the reference day. As can be expected, the value of time differs according to the trip purpose. The values vary between 40 and 56 CZK per hour for trips to work and between 38 and 74 CZK per hour for trips to home. The highest value was estimated for trips from work to home, the lowest value was received for trips to home from shopping. The results confirm that the value of time of leisure trips is lower than that of trips to or from work. The aim of this paper is to apply advanced econometric techniques to estimate the monetary value of travel time in a Czech urban area. The model is cast in the discrete-choice framework and is applied on a data-set of actual transport behavior of Pilsen inhabitants. To estimate the monetary value of the travel time, I use a multinomial logit model. The set of explanatory variables includes trip costs, travel time, socio-demographic characteristics and attitudes towards various transport modes. The choice is estimated for journeys to work and journeys to home during the reference day. As can be expected, the value of time differs according to the trip purpose. The values vary between 40 and 56 CZK per hour for trips to work and between 38 and 74 CZK per hour for trips to home. The highest value was estimated for trips from work to home, the lowest value was received for trips to home from shopping. The results confirm that the value of time of leisure trips is lower than that of trips to or from work.
dcterms:title
The value of the travel time in the Czech Republic: Econometric Estimation on data from Pilsen The value of the travel time in the Czech Republic: Econometric Estimation on data from Pilsen
skos:prefLabel
The value of the travel time in the Czech Republic: Econometric Estimation on data from Pilsen The value of the travel time in the Czech Republic: Econometric Estimation on data from Pilsen
skos:notation
RIV/00216208:11690/08:00010434!RIV10-GA0-11690___
n5:aktivita
n6:P
n5:aktivity
P(GP402/07/P484)
n5:dodaniDat
n8:2010
n5:domaciTvurceVysledku
n10:1926047
n5:druhVysledku
n18:D
n5:duvernostUdaju
n12:S
n5:entitaPredkladatele
n9:predkladatel
n5:idSjednocenehoVysledku
402248
n5:idVysledku
RIV/00216208:11690/08:00010434
n5:jazykVysledku
n16:eng
n5:klicovaSlova
Value of travel time; Discrete Choice Models; Random Parameter Model
n5:klicoveSlovo
n15:Random%20Parameter%20Model n15:Discrete%20Choice%20Models n15:Value%20of%20travel%20time
n5:kontrolniKodProRIV
[7A77715E6085]
n5:mistoKonaniAkce
Pardubice
n5:mistoVydani
Pardubice
n5:nazevZdroje
Rozvoj a perspektivy dopravního systému ve vazbě na vnější okolí
n5:obor
n7:AH
n5:pocetDomacichTvurcuVysledku
1
n5:pocetTvurcuVysledku
1
n5:projekt
n13:GP402%2F07%2FP484
n5:rokUplatneniVysledku
n8:2008
n5:tvurceVysledku
Brůhová - Foltýnová, Hana
n5:typAkce
n17:EUR
n5:zahajeniAkce
2008-10-23+02:00
s:numberOfPages
7
n11:hasPublisher
Univerzita Pardubice. Dopravní fakulta Jana Pernera
n19:isbn
978-80-86530-50-5
n4:organizacniJednotka
11690