The university workers’ willingness to pay for commuting

Document Type

Journal Article

Publication Date

2012

Subject Area

place - europe, economics - willingness to pay, place - universities, ridership - commuting

Keywords

university, works, commute, willingness to pay

Abstract

Using a dynamic approach, employing data on job mobility, we demonstrate that university workers’ marginal willingness to pay for reducing commuting distance is about €0.25 per kilometre travelled. This corresponds to a marginal willingness to pay for reducing commuting time of about 75 % of the net average hourly wage. For females, the willingness to pay is substantially higher than for males. It is also substantially higher for workers that work few hours per day, as predicted by theory.

Rights

Permission to publish the abstract has been given by SpringerLink, copyright remains with them.

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