Estimating the Value of Airport Access Time in Developing Countries with a Case Study of Nanjing, China

• DOI: 10.3390/electronics12051120
• Publication Date: 2023-02-27T06:59:10Z
• Authors: Renwei Zhu; Zhao Yang; Jun Chen
• Keywords: Value of time; Value (mathematics); Mixed logit

The valuation of time is one the most important public policy issues in project cost-benefit analysis. This paper estimates value airport access and variability developing countries with a case study Nanjing, China. An international meta-analysis being used to identify factors that may affect heterogeneity travel time. Regression models are then established for prediction results provide some new insights into impacts survey region, traffic mode, trip purpose on Considering significant influencing were obtained, stated preference surveys designed collect data preferred arrival decision choice under various hypothetical situations. A multivariate regression model explore influence travelers’ Mixed logit developed estimate time, schedule delay early, late by incorporating effects users’ scheduling costs. tax system illustrate contribution different income groups social funds, which also calculates late. reasonable these values. findings bring enlightenment variation