The welfare effects of freight travel time savings

Jérôme Massiani

MPRA Paper from University Library of Munich, Germany

Abstract: In this article we investigate the welfare effect of freight travel time savings. The general setup of this article is to suppose that transport operators face a constraint on minimum travel time and to examine what is occurring when this minimum travel time is changed. We briefly examine the current assessment methods and propose a less restrictive approach, in which we analyse how different economic agents trade off between the duration and cost of the different operations that are used in production and transport activities. We analyse how the change in the minimum travel time affects the different economic agents and investigate how these changes should be valued in cost benefit analysis.

Keywords: freight value of time; cost benefit analysis (search for similar items in EconPapers)
JEL-codes: L91 R41 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: The welfare effects of freight travel time savings (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:8754

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