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Estimating the value of transport time savings for freight transport: a simultaneous decision model of the choices of transport mode and shipment size
Örebro University, Örebro University School of Business.
(English)Manuscript (preprint) (Other academic)
Abstract [en]

The value of transport time savings (VTTS) for freight is a critical component of cost-benefit analyses of transport projects and policies. Although there is substantial research available regarding personal travel time value, the literature about freight VTTS is sparse. There are several inherent difficulties related to freight VTTS studies, including firms’ lack of incentives to reveal information that is relevant to their competitive market power and the complexity of the nature of freight transport itself. Furthermore, previous studies of freight VTTS have tended to neglect the dependence between the choices of transport mode and shipment size.

This paper applies a simultaneous decision model for the choices of transport mode and shipment size to a dataset that is constructed by merging the Swedish Commodity Flow Survey data for 2001 with network information from the Swedish national freight transport model to study the VTTS of Swedish shippers for four groups of commodities: agricultural goods, forest goods, mining goods, and manufactured goods. The average VTTS for these four commodity groups are estimated to be 0.80, 0.41, 0.27, and 0.37 Euro per ton per hour, espectively.

Keywords [en]
VTTS, simultaneous decision model, random utility model, logistics cost minimization
National Category
Economics and Business
Research subject
Business Studies
Identifiers
URN: urn:nbn:se:oru:diva-34025OAI: oai:DiVA.org:oru-34025DiVA, id: diva2:700120
Available from: 2014-03-03 Created: 2014-03-03 Last updated: 2017-10-17Bibliographically approved
In thesis
1. Transport and environment incentive policy instruments: effects and interactions
Open this publication in new window or tab >>Transport and environment incentive policy instruments: effects and interactions
2013 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

This dissertation studies issues related to the evaluation of the effects and interactions of transport and environmental incentive policy instruments. Essay 1: Green cars sterilize congestion charges: a model analysis of the reduced impact of Stockholm road tolls calibrates a modal-choice model with data from the Stockholm road toll and uses it to study the sensitivity of congestion toll effects to some seemly subtle changes in the toll system design and external circumstances. Essay 2: The impact of consistent internalization of external effects of transport and manufacturing – a CGE analysis of Sweden uses a static, small open-economy Computable General Equilibrium (CGE) model of the Swedish economy to study the impact of the consistent internalization of external effects of transport and manufacturing. We examine and compare the effects and tradeoffs of different policy reforms on domestic emissions reduction, carbon leakage, macroeconomic variables, social welfare, government budget, and transport demand. Essay 3: Estimating the value of transport time savings for freight transport: a simultaneous decision model of the choices of transport mode and shipment size applies a simultaneous decision model of the choices of transport mode and shipment size to study the value of transport time savings (VTTS) of Swedish shippers for four commodity groups: agricultural goods, forest goods, mining goods, and manufactured goods. Essay 4: Estimating the additionality of the Swedish climate subsidy program – Klimp studies an important issue related to the climate subsidy program – additionality. We estimate the probability that a subsidized project would have been implemented in the absence of the subsidy to assess the additionalityof the Klimp program

Place, publisher, year, edition, pages
Örebro: Örebro universitet, 2013. p. 26
Series
Örebro Studies in Economics, ISSN 1651-8896 ; 24
Keywords
Congestion pricing, Equity effects, Modal choice, Social marginal cost, Externalities, Transport taxation, Carbon tax, Carbon leakage, Computable General Equilibrium Model, VTTS, Simultaneous decision model, Random utility model, Logistics cost minimization, Additionality, Klimp, Climate subsidy program, Subsidy, CDM
National Category
Economics and Business
Research subject
Business Studies
Identifiers
urn:nbn:se:oru:diva-31900 (URN)978-91-7668-977-6 (ISBN)
Public defence
2013-11-22, Hörsal L3, Långhuset, Örebro universitet, Fakultetsgatan 1, 701 82 Örebro, 10:15 (English)
Opponent
Supervisors
Available from: 2013-10-11 Created: 2013-10-11 Last updated: 2017-11-24Bibliographically approved

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Liu, Xing

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CiteExportLink to record
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Citation style
  • apa
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