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The Direct Benefits of Road Improvements to Commercial Vehicle Operators – A Review.

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.

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Abstract

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.

Item Type: Monograph (Working Paper)
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: 06 Jun 2014 13:03
Published Version: http://www.its.leeds.ac.uk/
Status: Published
Publisher: Institute of Transport Studies, University of Leeds
Identification Number: Working Paper 182
URI: http://eprints.whiterose.ac.uk/id/eprint/2357

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