Publication

A pilot study to determine the relative value of non-market transport impacts of investment

Citations
Altmetric:
Authors
Denne, T, Kerr, Geoffrey, Glover, D, Winder, M, Wright, L
Date
2018-12-06
Type
Report
Collections
Department of Environmental Management
Keywords
choice modelling, non-market valuation, reliability, survey design, value of statistical life, value of time
Fields of Research
ANZSRC::140217 Transport Economics, ANZSRC::1503 Business and Management, ANZSRC::150703 Road Transportation and Freight Services, ANZSRC::150504 Marketing Measurement, ANZSRC::150205 Investment and Risk Management
Abstract
This research project examined methodologies within a single survey setting to establish the relative monetary value of selected transport impacts which cannot be measured using market values. These include the costs of travel time and the value of reducing the risk of injuries or fatalities. Monetary values are included in the Economic evaluation manual (EEM) (NZ Transport Agency 2016), but survey and analysis methodologies have improved, and preferences may have changed over time. This study examined whether a new survey, using best practice methods, could be used to obtain robust values for more than one non-market transport impact.
Files
Published PDF version
Adobe PDF, 2.49 MB
Permalink
https://hdl.handle.net/10182/13556
Source DOI
Rights
© NZ Transport Agency.
Creative Commons Rights
Attribution 4.0 International
cb
Access Rights
Full item page