Speed and income

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Standard

Speed and income. / Fosgerau, Mogens.

I: Journal of Transport Economics and Policy, Bind 39, Nr. 2, 05.2005, s. 225-240.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Fosgerau, M 2005, 'Speed and income', Journal of Transport Economics and Policy, bind 39, nr. 2, s. 225-240.

APA

Fosgerau, M. (2005). Speed and income. Journal of Transport Economics and Policy, 39(2), 225-240.

Vancouver

Fosgerau M. Speed and income. Journal of Transport Economics and Policy. 2005 maj;39(2):225-240.

Author

Fosgerau, Mogens. / Speed and income. I: Journal of Transport Economics and Policy. 2005 ; Bind 39, Nr. 2. s. 225-240.

Bibtex

@article{963c34a2bf4b41ffa89c157a3068277f,
title = "Speed and income",
abstract = "The relationship between speed and income is established in a microeconomic model focusing on the trade-off between travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical analysis of a cross-sectional dataset comprising 60,000 observations of car trips. This is used to perform regressions of speed on income, distance travelled, and a number of controls. The results are clearly statistically significant and indicate an average income elasticity of speed of 0.02; it is smaller at short distances and about twice as large at the longest distance investigated of 200 km.",
author = "Mogens Fosgerau",
year = "2005",
month = may,
language = "English",
volume = "39",
pages = "225--240",
journal = "Journal of Transport Economics and Policy",
issn = "0022-5258",
publisher = "University of Bath",
number = "2",

}

RIS

TY - JOUR

T1 - Speed and income

AU - Fosgerau, Mogens

PY - 2005/5

Y1 - 2005/5

N2 - The relationship between speed and income is established in a microeconomic model focusing on the trade-off between travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical analysis of a cross-sectional dataset comprising 60,000 observations of car trips. This is used to perform regressions of speed on income, distance travelled, and a number of controls. The results are clearly statistically significant and indicate an average income elasticity of speed of 0.02; it is smaller at short distances and about twice as large at the longest distance investigated of 200 km.

AB - The relationship between speed and income is established in a microeconomic model focusing on the trade-off between travel time and the risk of receiving a penalty for exceeding the speed limit. This is used to determine when a rational driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical analysis of a cross-sectional dataset comprising 60,000 observations of car trips. This is used to perform regressions of speed on income, distance travelled, and a number of controls. The results are clearly statistically significant and indicate an average income elasticity of speed of 0.02; it is smaller at short distances and about twice as large at the longest distance investigated of 200 km.

UR - http://www.scopus.com/inward/record.url?scp=20444482459&partnerID=8YFLogxK

M3 - Journal article

AN - SCOPUS:20444482459

VL - 39

SP - 225

EP - 240

JO - Journal of Transport Economics and Policy

JF - Journal of Transport Economics and Policy

SN - 0022-5258

IS - 2

ER -

ID: 181873118