Research and analysis

Values of travel time savings: analysis of non-work values since 1994

A comparison of evidence from studies using the government's transport appraisal guidance's estimated non-work travel time saving values since 1994.

Documents

Meta-analysis of post-1994 values of non-work travel time savings

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Details

The objectives were to:

  • compare official value of time recommendations, for non-work travel, from 1994 with other British empirical evidence as represented in the Institute for Transport Studies Leeds meta-data set
  • examine how the income elasticity has varied over time
Published 29 October 2013