Worthwhile Use of Travel Time and Applications in the United Kingdom

Richard Batley, Thijs Dekker () and Iven Stead
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Richard Batley: University of Leeds
Iven Stead: Department for Transport

No 2020/04, International Transport Forum Discussion Papers from OECD Publishing

Abstract: This paper outlines the rationale, methodologies, key findings and policy implications of the national Value of Travel Time Savings (VTTS) study conducted in Britain during 2014-15. The study found VTTS varied with distance, trip purpose and mode of travel but not with worthwhile use of travel time. Using two case studies, the paper discusses the approach to implementation of the new VTTS estimates and lessons for other countries.

Date: 2020-03-23
New Economics Papers: this item is included in nep-tre
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Persistent link: https://EconPapers.repec.org/RePEc:oec:itfaab:2020/04-en

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