Title
Monetary values of freight transport quality attributes : a sample of Tanzanian firms Monetary values of freight transport quality attributes : a sample of Tanzanian firms
Author
Faculty/Department
Institute for Transport en Maritime Management (ITMMA)
Publication type
article
Publication
London ,
Subject
Economics
Source (journal)
Journal of transport geography. - London
Volume/pages
19(2011) :6 , p. 1222-1234
ISSN
0966-6923
ISI
000299148900016
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
This paper presents the findings of a stated preference research conducted in Tanzania (East Africa). The objective of the survey was to determine the relative importance as well as monetary values attached to freight transport quality attribute by shippers in this region. In-depth interviews with the logistic managers of companies that produce and ship goods were conducted. The freight transport quality attributes considered in this survey were flexibility, frequency, loss and damage, reliability, and transit time. The monetary values of these attributes have been computed as willingness to pay for their improvement as well as willingness to accept compensation for a decrease in their quality. The results show that shippers in this region consider travel time, loss and damage and frequency as the most important quality attributes. This may have relevant implications for the infrastructural transport policies to be implemented in the country. (C) 2011 Elsevier Ltd. All rights reserved.
E-info
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