Mackie, P.J. and Simon, D. (1984) The Direct Benefits of Road Improvements to Commercial Vehicle Operators – A Review. Working Paper. Institute of Transport Studies, University of Leeds , Leeds, UK.
This paper reviews the existing theoretical and empirical literature on the direct benefits to commercial vehicle operators of road improvements. The exercise resulted from a need to estimate operating cost and time savings generated by the Humber Bridge. Although there is significant inter- and intrasectional variation, transport and distribution costs average 10-12% of total costs. In assessing the value of time savings, it is argued that several normally serious problems in business travel time analyses are irrelevant for lorry dirvers, whose work is travel. The crucial issues are the usability (and additivity) of time savings and nature of constraints on utilization of time savings, while a set of firms' operating characteristics determines the extent of such utilization.
|Copyright, Publisher and Additional Information:||Copyright of the Institute of Transport Studies, University Of Leeds|
|Institution:||The University of Leeds|
|Academic Units:||The University of Leeds > Faculty of Environment (Leeds) > Institute for Transport Studies (Leeds)|
|Depositing User:||Adrian May|
|Date Deposited:||14 Jun 2007|
|Last Modified:||25 Oct 2016 16:36|
|Publisher:||Institute of Transport Studies, University of Leeds|
|Identification Number:||Working Paper 182|