Commute Mode and Residential Location Choice
Andrea Craig
No 1904, Working Papers from University of Windsor, Department of Economics
Abstract:
Public transportation infrastructure projects are major government investments that potentially affect not only travel mode choices, but residential location. To analyze the impacts of public transportation projects, accounting for households' residential location decisions, I develop a discrete choice model of commute mode and residential location. In this model, households have heterogeneous preferences for neighbourhood characteristics and commute costs. I estimate this model using microdata from Vancouver and commute times calculated with geographic information system (GIS) data. The mean-income household's willingness to pay to reduce commute time is fourteen dollars per hour and there is significant heterogeneity in this value across household income. Using the estimated model, I simulate households' residential and commute mode decisions under a proposed public transportation infrastructure project.
Keywords: residential choice; commute mode choice; public transportation; counterfactual simulation (search for similar items in EconPapers)
JEL-codes: R21 R41 (search for similar items in EconPapers)
Pages: 58 pages
Date: 2019-10
New Economics Papers: this item is included in nep-dcm, nep-geo, nep-ore, nep-ppm, nep-tre and nep-ure
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Citations: View citations in EconPapers (3)
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http://web2.uwindsor.ca/economics/RePEc/wis/pdf/1904.pdf First version, 2019 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:wis:wpaper:1904
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