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The value of commuting time in an empirical on-the-job search model: An application based on moments from two samples
Transport Economics Unit, National Road and Transportations Research Institute, Borlänge, Sweden.
KTH, School of Architecture and the Built Environment (ABE), Centres, Centre for Transport Studies, CTS. KTH, School of Architecture and the Built Environment (ABE), Transport Science, Transport and Location Analysis.ORCID iD: 0000-0001-5290-6101
Transport Economics Unit, National Road and Transportations Research Institute, Stockholm, Sweden.
2013 (English)In: Applied Economics, ISSN 0003-6846, E-ISSN 1466-4283, Vol. 45, no 19, 2827-2837 p.Article in journal (Refereed) Published
Abstract [en]

This article estimates the Value of Commuting Time (VOCT) among Swedish males in an empirical on-the-job search model. It uses a large sample of employee-establishment linked data obtained from administrative registers. The sample lacks information on mode choice for the journey to work. We therefore estimate a mode choice model on another sample and use this model to link the administrative data to the relevant set of travel times, costs and distances. The VOCT is found to be 1.8 times the net hourly wage rate in the sample. The relatively high estimate results from a high VOCT among cohabiting men.

Place, publisher, year, edition, pages
2013. Vol. 45, no 19, 2827-2837 p.
Keyword [en]
value of time, on-the-job search model, job durations, mode choice
National Category
Transport Systems and Logistics Economics
Identifiers
URN: urn:nbn:se:kth:diva-71756DOI: 10.1080/00036846.2012.678981ISI: 000305174700013Scopus ID: 2-s2.0-84862282936OAI: oai:DiVA.org:kth-71756DiVA: diva2:486963
Funder
TrenOp, Transport Research Environment with Novel Perspectives
Note

QC 20130109. TSC import 921 2012-01-30

Available from: 2012-01-31 Created: 2012-01-31 Last updated: 2017-12-08Bibliographically approved

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Karlström, Anders

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
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  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
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