Long distance commuting in Chile: estimating the prize for working far away from home
The importance of Long Distance Commuting (LDC) has increased as a result of the continuous reduction of transport costs. This paper formalizes the relationship between LDC and wage through a job search model where a commuting time variable is included. The paper proposes that LDC be compensated in...
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Universidad de Chile
2013-01-01
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Online Access: | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/31031 |
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doaj-b55a965af0214c2cb202ba5fe280e3f12020-11-25T00:24:47ZengUniversidad de ChileEstudios de Economía0304-27580718-52862013-01-0140217920931031Long distance commuting in Chile: estimating the prize for working far away from homeIván Jamett Sasonov0Dusan Paredes Araya1Departamento de Economía, Universidad Católica del NorteDepartamento de Economía, Universidad Católica del NorteThe importance of Long Distance Commuting (LDC) has increased as a result of the continuous reduction of transport costs. This paper formalizes the relationship between LDC and wage through a job search model where a commuting time variable is included. The paper proposes that LDC be compensated in wage and be increasing in distance, and that the regions which receive more commuters pay a higher premium wage. The results suggest an average premium of 19% for LDC. However, the applicable rate depends on the workplace location of each commuter, and thus it might be as high as 40%.https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/31031 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Iván Jamett Sasonov Dusan Paredes Araya |
spellingShingle |
Iván Jamett Sasonov Dusan Paredes Araya Long distance commuting in Chile: estimating the prize for working far away from home Estudios de Economía |
author_facet |
Iván Jamett Sasonov Dusan Paredes Araya |
author_sort |
Iván Jamett Sasonov |
title |
Long distance commuting in Chile: estimating the prize for working far away from home |
title_short |
Long distance commuting in Chile: estimating the prize for working far away from home |
title_full |
Long distance commuting in Chile: estimating the prize for working far away from home |
title_fullStr |
Long distance commuting in Chile: estimating the prize for working far away from home |
title_full_unstemmed |
Long distance commuting in Chile: estimating the prize for working far away from home |
title_sort |
long distance commuting in chile: estimating the prize for working far away from home |
publisher |
Universidad de Chile |
series |
Estudios de Economía |
issn |
0304-2758 0718-5286 |
publishDate |
2013-01-01 |
description |
The importance of Long Distance Commuting (LDC) has increased as a result of the continuous reduction of transport costs. This paper formalizes the relationship between LDC and wage through a job search model where a commuting time variable is included. The paper proposes that LDC be compensated in wage and be increasing in distance, and that the regions which receive more commuters pay a higher premium wage. The results suggest an average premium of 19% for LDC. However, the applicable rate depends on the workplace location of each commuter, and thus it might be as high as 40%. |
url |
https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/31031 |
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