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Title: Travel, Activities, and Money: Exploration of Households’ Expenditures for Travel, Communication, and Facilities
Accession Number: 01127359
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: Although microeconomic models of the trade-off between time and money expenditures exist, these have been applied primarily in theoretical or simplified empirical settings. Yet, studying how time and money are traded off against each other in the context of daily activity patterns is crucial because of relationships that exist between activities and between various dimensions of one activity and because of increasing importance of the quality of places and facilities. To facilitate the analysis of expenditures, a theoretical framework was developed; it suggests that money can be invested directly into activities and indirectly into the facilities that support the activities (dwellings, transport, telecommunication devices). Focusing on the trade-off between various types of fixed expenditures (related to facilities) and daily expenditures, an exploratory analysis was carried out by using a 1996 Dutch data set. The analysis revealed that expenditure decisions are influenced by such factors as education level, age, frequency of social interactions, nationality, presence of children, and monthly income. In addition, a substitution effect is found between daily expenditures and expenditures to the dwelling, transport, and telecommunication.
Monograph Title: Monograph Accession #: 01147881
Report/Paper Numbers: 09-2893
Language: English
Authors: Ettema, DickPagination: pp 37-42
Publication Date: 2009
ISBN: 9780309142663
Media Type: Print
Features: Figures
(1)
; References
(23)
; Tables
(5)
TRT Terms: Uncontrolled Terms: Geographic Terms: Subject Areas: Highways; Planning and Forecasting; I72: Traffic and Transport Planning
Files: TRIS, TRB, ATRI
Created Date: Jan 30 2009 7:16PM
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