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Tekijä:DeSalvo, J.
Huq, M.
Otsikko:Income, residental location, and mode choice
Lehti:Journal of Urban Economics
1996 : JUL, VOL. 40:1, p. 84-99
Asiasana:URBAN AREAS
ECONOMICS
INCOMES
Kieli:eng
Tiivistelmä:Commuters choose a mode, defined in terms of trip speed and time, to minimize the money and opportunity costs of travel. New results: the wage-rate elasticity of marginal commuting cost may be zero, negative, greater than one, or declining with the wage rate; a constant wage-rate elasticity is possible only if the marginal money cost of commuting is zero; a positive value of the marginal money cost of commuting implicitly assumes mode choice. The relationship between income and location seems due largely to technological change in intraurban transportation.
SCIMA tietueen numero: 149788
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