Monetary values of freight transport quality attributes: A sample of Tanzanian firms
Luca Zamparini,
John Layaa and
Wout Dullaert
Journal of Transport Geography, 2011, vol. 19, issue 6, 1222-1234
Abstract:
This paper presents the findings of a stated preference research conducted in Tanzania (East Africa). The objective of the survey was to determine the relative importance as well as monetary values attached to freight transport quality attribute by shippers in this region. In-depth interviews with the logistic managers of companies that produce and ship goods were conducted. The freight transport quality attributes considered in this survey were flexibility, frequency, loss and damage, reliability, and transit time. The monetary values of these attributes have been computed as willingness to pay for their improvement as well as willingness to accept compensation for a decrease in their quality. The results show that shippers in this region consider travel time, loss and damage and frequency as the most important quality attributes. This may have relevant implications for the infrastructural transport policies to be implemented in the country.
Keywords: Freight transport; Stated preference; Quality attributes; Monetary values; Infrastructural investments; Tanzania (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (16)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:19:y:2011:i:6:p:1222-1234
DOI: 10.1016/j.jtrangeo.2011.01.002
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