How do passengers allocate and evaluate their travel time? Evidence from a survey on the Shanghai-Nanjing high speed rail corridor, China

摘要

Although previous studies have demonstrated that travel time is not wasted, only a limited number of studies have conducted an in-depth investigation of how passengers allocate their travel time and what factors will impact their subjective valuation of travel time (SVTT). Investigating such questions will uncover some of the possible economic, social, technological and behavioral reasons that influence SVTT. Using a survey of 822 passengers traveling along the Shanghai-Nanjing high speed rail (HSR) corridor in 2016, this study examines passengers' allocation of their travel time, and explores the determinants of SVTT for business and non-business travelers, respectively. Empirical results indicate that around half of the respondents spend the longest amount of travel time on ICT discretionary activities, but there are some differences across trip purpose. Ordered logit models suggest that SVTT is determined by a range of factors, which are classified into travel time allocation, HSR environment, travel attributes, and socio-demographic characteristics. However, the specific factors associated with SVTT are somewhat different between business and non-business trips. The findings of this study provide a better understanding of the perceived value of travel time in a supportive travel environment and in a typical e-society of a developing country, and offer implications for more comprehensively exploring determinants of SVTT in the future.