Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis
By employing discrete choice experiment with face-to-face survey data of 135 local inhabitants in Ho Chi Minh City, this paper analyzes preference for the urban metro network transportation. The result reveals that seat availability, time, and cost reduction of the trip with metro robustly incite us...
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University of Economics Ho Chi Minh City
2023
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oai:scholar.dlu.edu.vn:DLU123456789-1155522023-03-08T03:57:04Z Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis Nguyen, Thanh Son Nguyen, Duy Chinh By employing discrete choice experiment with face-to-face survey data of 135 local inhabitants in Ho Chi Minh City, this paper analyzes preference for the urban metro network transportation. The result reveals that seat availability, time, and cost reduction of the trip with metro robustly incite users to utilize this transportation service. Passengers of metro are willing to pay 0.606 and 4.106 thousand VND for one minute reduction of travel time and seat availability on the train cart, respectively. Furthermore, monetary welfare gained for a switch to metro is 64.3 thousand VND for each individual. Some implications regarding ticket prices and policy are also discussed. 2023-03-08T03:57:03Z 2023-03-08T03:57:03Z 2017 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=a76fa1f8-238c-4bf9-8071-ce65fc2b8093 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115552 10.24311/jabes/2017.24.3.05 en Journal of Asian Business and Economic Studies, Volume 24, Issue 03; p. 116-136 application/pdf University of Economics Ho Chi Minh City |
| institution |
Thư viện Trường Đại học Đà Lạt |
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Thư viện số |
| language |
English |
| description |
By employing discrete choice experiment with face-to-face survey data of 135 local inhabitants in Ho Chi Minh City, this paper analyzes preference for the urban metro network transportation. The result reveals that seat availability, time, and cost reduction of the trip with metro robustly incite users to utilize this transportation service. Passengers of metro are willing to pay 0.606 and 4.106 thousand VND for one minute reduction of travel time and seat availability on the train cart, respectively. Furthermore, monetary welfare gained for a switch to metro is 64.3 thousand VND for each individual. Some implications regarding ticket prices and policy are also discussed. |
| format |
Article |
| author |
Nguyen, Thanh Son Nguyen, Duy Chinh |
| spellingShingle |
Nguyen, Thanh Son Nguyen, Duy Chinh Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| author_facet |
Nguyen, Thanh Son Nguyen, Duy Chinh |
| author_sort |
Nguyen, Thanh Son |
| title |
Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| title_short |
Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| title_full |
Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| title_fullStr |
Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| title_full_unstemmed |
Travel demand for metro in Ho Chi Minh City: A discrete choice experiment analysis |
| title_sort |
travel demand for metro in ho chi minh city: a discrete choice experiment analysis |
| publisher |
University of Economics Ho Chi Minh City |
| publishDate |
2023 |
| url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=a76fa1f8-238c-4bf9-8071-ce65fc2b8093 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115552 |
| _version_ |
1765278409440624640 |