Jokubauskaite, Simona, Hössinger, Reinhard, Aschauer, Florian, Gerike, Regine, Jara-Diaz, Sergio, Peer, Stefanie, Schmid, Basil, Axhausen, Kay, Leisch, Friedrich. 2019. Advanced continuous-discrete model for joint time-use expenditure and mode choice estimation. Transportation Research Part B: Methodological. 129 397-421.
BibTeX
Abstract
This paper presents the joint time-use, expenditure and mode choice model, based on the theoretical framework of Jara-Díaz and Guevara (2003), for the first time estimated in panel setting while using surveyed expenditure data. This extended estimation takes into account multiple trips per individual, as well as mode availability. The model was estimated using the novel dataset gathered in Austria in 2015. It includes individual-specific information on time-use, expenditures and mode choice. As a result, we calculate the value of leisure (VoL), travel time savings (VTTS) and time assigned to travel (VTAT), that are relevant inputs to appraisals of transport policies. We also show that, at least for the Austrian working population, the omission of expenditures in the model might result in a significant overestimation of the value of leisure (16.83%); the VoL (9.29€/h) was estimated to be considerably lower than the wage rate (12.14€/h) and the VTTS varies strongly between the modes (9.98€/h for car, 3.91€/h for public transport, 9.25€/h for bike and 17.53€/h for walk). The joint estimation framework produced positive estimates of VTAT (5.38€/h) only for public transport, reflecting the favorable public transport conditions in Austria.
Tags
Press 'enter' for creating the tagPublication's profile
Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | Transportation Research Part B: Methodological |
Citation Index | SSCI |
WU Journalrating 2009 | A |
WU-Journal-Rating new | FIN-A, INF-A, STRAT-B, VW-B, WH-A |
Language | English |
Title | Advanced continuous-discrete model for joint time-use expenditure and mode choice estimation |
Volume | 129 |
Year | 2019 |
Page from | 397 |
Page to | 421 |
Reviewed? | Y |
URL | https://authors.elsevier.com/sd/article/S0191261518308245 |
DOI | https://doi.org/10.1016/j.trb.2019.09.010 |
Open Access | Y |
Open Access Link | https://www.sciencedirect.com/science/article/pii/S0191261518308245 |
Associations
- People
- Peer, Stefanie (Details)
- External
- Aschauer, Florian (BOKU Vienna, Austria)
- Axhausen, Kay (ETH Zurich, Switzerland)
- Gerike, Regine (TU Dresden, Germany)
- Hössinger, Reinhard (BOKU Vienna, Austria)
- Jara-Diaz, Sergio (University of Chile, Chile)
- Jokubauskaite, Simona (BOKU Vienna, Austria)
- Leisch, Friedrich (BOKU Vienna, Austria)
- Schmid, Basil (ETH Zurich, Switzerland)
- Organization
- Institute for Multi-Level Governance and Development IN (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 5300 Economics (Details)
- 5332 Transport economics (Details)
- 5351 Public economy (Details)
- 5915 Economic geography (Details)