Valuing Time in Travel Cost Demand Analysis: An Empirical Investigation

The recreational value of Lake McKenzie, Fraser Island: An application of the travel cost method

“…While this may be the case for some (the selfemployed, for example) for most, including those who have fixed working hours or who are outside the labour force, this assumption is untenable (Bockstael et al, 1987). In one of the few empirical tests of this assumption, McKean et al (1995) conclude:…”

Rebound Effect or Induced Demand? Analyzing the Compound Dual Effects on VMT in the U.S.

“…This sequence explains the rebound effect (RE) in the short run, with which energy use increases and travel time decreases more than the level expected for the same travel distance. The short-run RE is measured by the horizontal distance between points B and C. The efficiency improvement eventually reduces overall driving cost by encouraging people to drive more frequently and longer [36][37][38] or by making a modal shift from public transit [39][40][41]. This process takes place for an extended time, shifting the curve further outward, ( , ) , and resulting in the long-run RE [42,43].…”

Estimación de la demanda de viajes en el aeropuerto de Querétaro / Estimating Journey Demand at Queretaro Airport

“…Los 10 salarios mínimos corresponden a la marca de clase más alta que considera la Encuesta Nacional de Empleo del inegi al presentar estadís-ticas por nivel de ingresos. Con relación al costo de oportunidad del tiempo de traslado, McKean et al (1995) determinan este costo de acuerdo con la información detallada sobre la ocupación y el estado de empleo de los viajeros. Anderson y Kraus (1981), por otro lado, asignan valores de 0, 10 y 30 como costo de oportunidad por unidad de tiempo de viaje.…”