The value of commuting time in an empirical on-the-job search model - an application based on moments from two samples

被引:6
|
作者
Isacsson, Gunnar [1 ]
Karlstrom, Anders [2 ]
Swardh, Jan-Erik [3 ]
机构
[1] Natl Rd & Transportat Res Inst, Transport Econ Unit, SE-78129 Borlange, Sweden
[2] Royal Inst Technol, Dept Transport & Econ, SE-10044 Stockholm, Sweden
[3] Natl Rd & Transportat Res Inst, Transport Econ Unit, SE-10215 Stockholm, Sweden
关键词
value of time; on-the-job search model; job durations; mode choice; WILLINGNESS-TO-PAY; TRAVEL-TIME; ECONOMICS; INCOME;
D O I
10.1080/00036846.2012.678981
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:2827 / 2837
页数:11
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