The editors of Transport Reviews, to celebrate their 30th anniversary, have chosen 30 of the best articles in the journal and are making them freely accessible to the public. You can find them here.
Here’s one of my favourites:
The Myth of Travel Time Saving
Author: David Metz a
The idea that the main benefit of improvements to transport infrastructure is the saving of travel time has been central to transport economic analysis. There is, however, little empirical evidence to support this proposition. Indeed, in the long run average travel time is conserved, implying that travellers take the benefit of improvements in the form of additional access to more distant destinations made possible by higher speeds. Such a perspective, based on considerations of the value of access, has implications for economic appraisal, modelling and policy.
(Thanks to John Pucher, whose article with Ralph Buelher, Making Cycling Irresistible, is here.)
