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In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time costs. At faster speed levels, the monetary costs increase, but the time costs fall. Using data from Great Britain, we...
Persistent link: https://www.econbiz.de/10005209517
This discussion paper resulted in a publication in the 'Journal of Transport Economics and Policy', 2006, 40(2), 279-296.<P> In this paper, we derive a structural model for commuting speed. We presume that commuting speed is chosen to minimise commuting costs, which encompass both monetary and time...</p>
Persistent link: https://www.econbiz.de/10011255712
According to economic theory, there are no strong reasons to tax (or to subsidise) residential moves, although low levels of taxation may be potentially justified to deal with the presence of externalities and economic stability. This is in contrast to practise in most countries where...
Persistent link: https://www.econbiz.de/10005504917
We introduce and apply a method for estimating workers' marginal willingness to pay for job attributes employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is derived. We provide evidence that workers attach substantial value to...
Persistent link: https://www.econbiz.de/10005504935
The ‘backhaul problem’ is characterized by an imbalance in transport flows between locations. This problem is usually studied in a perfectly competitive framework, which essentially predicts that when the imbalance is sufficiently large, the freight price of transport from low demand regions...
Persistent link: https://www.econbiz.de/10005450811
Transaction costs have attracted considerably attention in the theoretical literature on residential mobility. In many European countries, these costs mainly consist of ad-valorem transaction costs. In the current paper, we demonstrate empirically for the Netherlands that the transaction costs...
Persistent link: https://www.econbiz.de/10005450817
This discussion paper led to a publication in <I>Regional Science and Urban Economics</I> 2013, 43(2), 395-403.<P> We introduce a methodology to estimate the effect of parking prices on car drivers' choice between street and garage parking. Our key identifying assumption is that the marginal benefit of...</p></i>
Persistent link: https://www.econbiz.de/10011256505
In this paper we study how congestion and residential movingbehaviour are interrelated using a two-region job search model. Workerschoose optimally between interregional commuting and residential movingto live closer to the place of work. This choice affects the external costs ofcommuting due to...
Persistent link: https://www.econbiz.de/10011256561
This discussion paper led to a publication in the <A href="http://joeg.oxfordjournals.org/content/11/3/509"><I>Journal of Economic Geography</I></A>, 2011, 11(3), 509-527.<P> According to economic theory, imbalances in trade flows affect transport prices because (some) carriers have to return without cargo from the low demand region to the high demand region....</p></i></a>
Persistent link: https://www.econbiz.de/10011256682
See also the publication in the 'Journal of Urban Economics' (2010), 68(1), 82-89.<P> A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential assumption to reach this...</p>
Persistent link: https://www.econbiz.de/10011256712