Aggregated Binary Logit Modal-Split Model Calibration: An Evaluation for Istanbul

Size: px
Start display at page:

Download "Aggregated Binary Logit Modal-Split Model Calibration: An Evaluation for Istanbul"

Transcription

1 Aggregated Binary Logit Modal-Split Model Calibration: An Evaluation for Istanbul H. B. Celikoglu a,1 and M. Akad a,2 a Technical University of Istanbul Dept. of Transportation, Faculty of Civil Engineering, Maslak, 34469, Istanbul, Turkey Abstract: This study examines the possibilities of obtaining better modal-split models for each trip purpose in Istanbul Metropolitan Area by calibrating the binary logit modal-split models at the appropriate aggregation level with the appropriate variables. The modal-split for the year 22 is then studied by using the valid models with current data. The applications of the calibrated modal-split models are presented. The modal-split model is calibrated by taking the interzonal trip matrices used for Istanbul Master Plan Transport Study (1997), and splitting them between private, public and service transport modes. By means of the intersectoral data obtained by the aggregation process; a single variable logit model with the generalized trip cost variable and a multivariable logit model with the trip cost and the trip time variables are calibrated for each trip purpose to determine the valid models. Key Words: Transportation planning, modal split, logit model 1 hbcelikoglu@ins.itu.edu.tr 2 muratakad@ins.itu.edu.tr

2 1 Introduction In this study, aggregated logit model calibration, which gives an opportunity to estimate the modal split of urban trips in Istanbul to different modes of transport, is examined. First, in order to obtain models with a good level of estimation power for different trip purposes, it is necessary to determine the level of aggregation of relevant variables for the logit model calibration and to determine the appropriate variables. After this was realised, modal split of trips to different transport modes were examined with the obtained valid models. 2 Logit Modal-Split Model Calibration for Istanbul The modal split model determines the rates trips, which were estimated by the trip distribution model, will be distributed among different transport modes. In this study, the logit model is calibrated in order to make the distribution of trips to private cars, public transit and service vehicle modes. The purpose-based matrices used for model calibration are the ones that were used for the Istanbul Transportation Master Plan in The trip costs, trip times and generalised trip costs that are used in calibrations in order to obtain valid models of to trips according to purposes, are also calculated according to the 1996 values. Calibration data for the model were aggregated based on two different sectors of size 7 and 2. With help of inter-sectoral data obtained by aggregation, the single-variable logit model based on the generalised cost variable and the two-variable binary logit model based on trip cost and trip time, were calibrated. Thus, valid model has been sought according to different trip purposes. Trips that constitute data in the logit model for other work and home-based trips are evaluated as trips made by users with opportunities of utilising private cars. It is obvious that individuals that do not have the opportunity to use private cars tend to use public transport. Thus, evaluating these two types of trips would result in obtaining wrong models. Therefore, in the logit modal split model, calibrated for the other work and homebased trip purpose, trips of those having the opportunity to utilise private cars are evaluated. School trips are deduced from total trips because they contain a very low amount of private car utilisation (9%). The remaining school trips are divided into two, either service vehicles or public transport. The logit model was calibrated accordingly. For the trips with other purposes, service vehicle utilisation is negligible (5.5%). So, these trips were also deduced from total trips. The remaining trips, of which the rate of private car utilisation opportunity is unknown, are divided into two, the ones using private cars and public transportation. The model was calibrated accordingly.

3 2.1 Applied Model Two different methods were used for the model calibration. In the first of these, modal usage in inter-zonal trips is related with the trip cost and trip time variables by using multi-variable linear regression method. With the binary logit model, P O, which is the possibility of an individual using private car between zones i and j, can be calculated as in Equation 1 [2]. P O = 1 (1) O O { 1+ exp[ λ ( C C ) + ( T T ) + δ ) where, P O : Private car utilisation rate between zones i and j C, C O : Inter-zonal costs for public transport and private car trips between zones i and j T, T O : Inter-zonal trip times for public transport and private car trips between zones i and j λ : Calibration coefficient δ : Coefficient of public transport type While making evaluations according to trip cost and trip time variables, no time value data is input into the transport model. In the equation obtained as a result of linear regression, the ratio of the coefficient of trip time difference variable to the coefficient of trip cost difference variable gives the value of time. According to the binary logit model, P, which is the possibility of the usage of public transport type between zones i and j can be calculated as in Equation 2. P = 1 P (2) O The other used for the logit model calibration is realised by relating the utilisation of transport modes in inter-zonal trips with the generalised cost variable by a single-variable linear regression method. With the binary logit model, P O, which is the possibility of an individual s usage of private car between zones i and j can be calculated as in Equation 3. P O = 1 (3) O { 1 + exp[ λ( GC + δ GC ) where, P O : Rate of private car usage between zones i and j GC, GC O : Inter-zonal generalised costs for public transport and private car trips between zones i and j λ : Calibration coefficient δ: Coefficient of public transport type In order to make an evaluation according to the generalised cost variable, value of time is also input into the transport model along with generalised costs. In the models used for school trips, service vehicles are included in the calibration instead of private cars. Therefore, statements representing private cars are acquiring the values of service vehicles.

4 2.2 Data Aggregation Number of inter-zonal trips, trip costs, trip times and generalised trip costs, which are the basic data for the model calibration, are aggregated into sectors of size 2 and 7, in order to determine the most appropriate level of aggregation. The zones aggregated in 2 sectors can be seen in Figure 4.1 and the ones aggregated in 7 sectors can be seen in Figure 4.2. Zonal data used in the study were aggregated by uniting the relevant zones. 29 of the 33 counties of Istanbul were originally divided homogeneously to obtain zones appropriate for planning and giving usable data in the sense of land use and socio-economic features. These zones were then grouped to acquire bigger sectors; by paying attention to bring neighbouring zones that show similar social, economical and physical characteristics together. Another criterion taken into consideration while aggregating zones is the distribution of urban transport network. 2.3 Information on Calibrated Model Variables Inter-Regional Trip Costs In this study, inter-zonal trip costs were calculated at desired aggregation levels by including the characteristics and values of urban transport modes and relating them with inter-zonal trip matrices. For the transport model used, transport networks for all of the urban transport modes in Istanbul were defined. Sector-based private car and public transport tip costs were calculate desperately, according to the zones through which the defined road networks pass. These costs, which were included in the model as input data, were evaluated as an independent variable from trip times in the model calibration. Therefore, trip costs that will supply data for the multiple regression made according to trip time and trip cost variables were included in the model as average data by using trip type, trip distance and trip fare values. In order to obtain the valid model, logit model calibration was made according to the values of year Inter-Regional Trip Times Another set of data for the two-variable modal split model calibration; trip time variable values were obtained by using the trip distribution model, which is the second phase of the four-phased transport model. The values serving as a base for the calibration were included in the model as the same with that of 1996 Transportation Master Plan values; however, they show differences in different aggregation levels. Average trip times for the sectors obtained by uniting the zones, were estimated by dividing the values acquired from the model by the number of zones in the sector. Trip times obtained from the model at two different aggregation levels of 2 and 7, were examined in the sub-titles according to the transport mode Generalised Cost (GC) and Value of Time (VOT) for Calibrations Along with the calibration of the modal split model with the two-variable regression by using the inter-zonal trip costs and trip times, another calibration was made by applying a single-

5 variable regression with generalised cost values. In the transport model used in the study, it is assumed that users make their preferences about the transport modes according to the generalised costs of trips. 2.4 Logit Model Calibration upon Trip Purposes In the study, by using the logit model, urban trips according to four main trip purposes were distributed with the help of 1996 household surveys. In conjunction with the aim of the study, calibration was made with two different methods at two different aggregation levels. Characteristics of trips forming the basic data for the model calibration are explained in the trip purpose sub-titles Home Based Work (HBW) Trips Calibration of work trips was made by subtracting the service vehicle trips from total trips and then evaluating the ones with opportunity to use cars in the remainder. According to the calibrated model probability of choosing private car in 2 sectors according to trip cost and trip time is, (4) O { 1+ exp[ (.129( C C ) +.8( T T ).735) Probability of choosing private car in 2 sectors according to generalised cost is, (5) { 1 + exp[.36 ( GC GC ) ) Probability of choosing private car in 7 sectors according to trip cost and trip time is, (6) O { 1+ exp[ (.137( C C ) +.9( T T ) 1.121) Probability of choosing private car in 7 sectors according to generalised cost is, (7) { 1 + exp[.191 ( GC GC ) ) Home Based Other (HBO) Trips Discretion of data used for the calibration of modal split model of home-based other trips, and the calibration method of the model is same as that of work trips. Modal split of home-based other trips is made by subtracting the service vehicle trips from total trips and evaluating the ones with opportunity to use car within the remainder. Probability of choosing private car in 2 sectors according to trip cost and trip time is, (8) O { 1+ exp[ (.158( C C ).1( T T ) )

6 Probability of choosing private car in 2 sectors according to generalised cost is, (9) { 1 + exp[.124 ( GC GC ) ) Probability of choosing private car in 7 sectors according to trip cost and trip time is, (1) O { 1 + exp[ (.182( C C ) +.19( T T ).13) Probability of choosing private car in 7 sectors according to generalised cost is, (11) { 1 + exp[.67 ( GC GC ) ) Home Based School (HBS) Trips Unlike the previous applications for Istanbul, for this trip purpose, logit model was calibrated by using the service vehicle and public transport trip data to determine modal split. According to data from year 1996, most of the school trips are made by service vehicles; rate of private car usage is low (9%). Private car trips are thus excluded from other transport mode trips. In order to determine the modal split between the remaining service vehicle and public transit trips, the binary logit modal split model was calibrated as in the other trip purposes. Probability of choosing service vehicle in 2 sectors according to trip cost and trip time is, P S 1 (12) S { 1 + exp[ (.31( C C ).5( T T ).1389) = S Probability of choosing service vehicle in 2 sectors according to generalised cost is, P S 1 (13) { 1 + exp[.86 ( GC GC ) 27.43) = S Probability of choosing service vehicle in 7 sectors according to trip cost and trip time is, P S 1 (14) S { 1 + exp[ (.417( C C ).98( T T ).9395) = S Probability of choosing service vehicle in 7 sectors according to generalised cost is, P S 1 (15) { 1 + exp[.177 ( GC GC ) ) = S

7 2.4.4 Non Home Based (NHB) Trips Since service vehicle usage is insignificantly low (5.5%), these trips are deduced from the other-purpose trip matrix. According to data from year 1996, because it is not possible to know the places that individuals who make the other non-home-based trips live, these individuals possibility of utilising cars could not be determined. Therefore, a binary logit model calibration was made in order to make the differentiation between private car usage and public transit modes for all of the other-purpose trips. Probability of choosing private car in 2 sectors according to trip cost and trip time is, (16) O { 1 + exp[ (.425( C C ).185( T T ).633) Probability of choosing private car in 2 sectors according to generalised cost is, (17) { 1 + exp[ ( GC GC ).849) Probability of choosing private car in 7 sectors according to trip cost and trip time is, (18) O { 1+ exp[ (.58( C C ) +.39( T T ) +.2) Probability of choosing private car in 7 sectors according to generalised cost (19) { 1 + exp[.493 ( GC GC ) +.629) 3 Forecasts of Modal-Split in the year 22 Calculation of trip costs for the year 22, which is one of the aims of this study and which is going to be evaluated at the stage of distribution of trips to transport modes according to the new cost values with the help of the valid model, is made for each transport mode. To make a modal split according to the new values, it is necessary to bring the new values to be input into post-calibration valid models to the prices of year Therefore, the new trip costs and generalised costs are brought to the prices of 1996 by using the ratio between USD values of 22 and Model Variables at Modal Split Inter-Regional Trip Times Inter-zonal trip times for private car and service vehicle trips are taken into the evaluation as the same with the 1996 values used in the calibration [3]. Public transport trip times on the

8 other hand, are calculated again in the model by defining the subway alternative added to the transport network Generalised Cost In this study cost of a private car trip is equal to the vehicle operating cost plus possible toll highway, toll bridge and parking fares. Vehicle operating cost is taken as fuel consumption cost. The estimated average fuel price is 1,147,889 Turkish Lira (TL)/litre. It is assumed that cars consume an average of 1 litres per kilometres in urban areas. Accordingly fuel consumption rate per car-km is calculated as 114,789 TL with 22/3/22 prices. Toll bridge fare in Istanbul is taken as 2,, TL [1]. As explained below in under the title Value of Time, value of time is found to be 38,56 TL/minute. Occupancy for private cars is taken as 1.9 individual/vehicle in the model and thus generalised cost is calculated as in equation 2. GC = *Km + (1,9*38.56)*minute (TL/ unit car) (2) Generalised cost per individual is calculated as in equation 21. GC = ( /1,9)*Km *minute (TL/ individual) (21) Generalised cost per individual in service vehicle trips is calculated by taking the kilometre values of trip per individual obtained from service vehicle usage cost estimation into consideration. It is shown in equation 22. GC = ( )*Km *minute (TL/individual) (22) Generalised costs of public transport trips are calculated by including ticket fares and value of time in the transport model Value of Time Value of time is estimated in a different manner than in the previous plans and studies for Istanbul. The total of 1,893,872 households in Istanbul is divided into groups of 1%. Then these 1-% groups are united into groups of 5%. Value of time then is determined by taking total income, monthly income of a family, monthly income of an individual, value of time for the time worked, value of time for the time that is not worked and rate of work trips into consideration. The estimated average value of time is 38,56 TL/minute/individual. 3.2 Trips Split to Modes in the Year 22 It is possible to determine the amount of change in the usage rates of transport modes when new cost values are input into the post-calibration valid models for different trip purposes. At different trip purposes and levels of aggregation, differentiation is made between trip observations of 1996 used in the model, trips distributed by models calibrated according to 1996 data and trips distributed by models calibrated according to 22 data. In order to show

9 this differentiation, two different graphs according to the level of aggregation and calibration method are given. One of them shows the relationship between observed values and the trip values obtained by the distribution of 1996 values by valid models. The other one shows the relationship between trips distributed by 1996 values and trips distributed by 22 values [1] Split HBW Trips According to the model calibrated by trip cost and trip time of 2 sectors, private car usage has increased (from 68% to 7%) compared with 22 values. According to the model calibrated by trip cost and trip time in 7 sectors, private car usage has stayed the same (67.5%). According to the 22 values, in the models calibrated on generalised cost, private car usage has decreased from 79.5% to 78.2% in 2 sectors (Figures 1 and 2). In seven sectors, private car usage has also shown decrease from 63.2% to 62.1% (Figures 3 and 4) Figure 1: Relationship of work trips by private car in 2 sectors by two-variable model with modal split by observation, 1996 and 22 values

10 Figure 2: Relationship of work trips by private car in 2 sectors by single-variable model with modal split by observation, 1996 and 22 values Figure 3: Relationship of work trips by private car in 7 sectors by two-variable model with modal split by observation, 1996 and 22 values

11 Figure 4: Relationship of work trips by private car in 7 sectors by single-variable model with modal split by observation, 1996 and 22 values Split HBO Trips According to the model calibrated by trip cost and trip time of 2 sectors, private car usage has decreased (from 73.3% to 71.7%) compared with 22 values. According to the model calibrated by trip cost and trip time in 7 sectors, private car usage has increased from 44.6% to 45%. According to the 22 values, in the models calibrated on generalised cost, private car usage has decreased from 68.8% to 63.7% in 2 sectors (Figures 5 and 6). In seven sectors, private car usage has also shown decrease from 48.8% to 44.9% (Figures 7 and 8) Figure 5: Relationship of home-based other trips by private car in 2 sectors by two-variable model with modal split by observation, 1996 and 22 values

12 Figure 6: Relationship of home-based other trips by private car in 2 sectors by single-variable model with modal split by observation, 1996 and 22 values Figure 7: Relationship of home-based other trips by private car in 7 sectors by two-variable model with modal split by observation, 1996 and 22 values

13 Figure 8: Relationship of home-based other trips by private car in 7 sectors by single-variable model with modal split by observation, 1996 and 22 values Split HBS Trips According to the model calibrated by trip cost and trip time of 2 sectors, service vehicle usage has decreased (from 5% to 47%) compared with 22 values. According to the model calibrated by trip cost and trip time in 7 sectors, service vehicle usage has also decreased from 32% to 26.6%. According to the 22 values, in the models calibrated on generalised cost, service vehicle usage has decreased from 59.3% to 58.7% in 2 sectors (Figures 9 and 1). In seven sectors, service vehicle usage has also shown decrease from 29.8% to 28.4% (Figures 11 and 12) Figure 9: Relationship of school trips by service vehicle in 2 sectors by two-variable model with modal split by observation, 1996 and 22 values

14 Figure 1: Relationship of school trips by service vehicle in 2 sectors by single-variable model with modal split by observation, 1996 and 22 values Figure 11: Relationship of school trips by service vehicle in 7 sectors by two-variable model with modal split by observation, 1996 and 22 values

15 Figure 12: Relationship of school trips by service vehicle in 7 sectors by single-variable model with modal split by observation, 1996 and 22 values Split NHB Trips According to the model calibrated by trip cost and trip time of 2 sectors, private car usage has increased from 41.1% to 48.6% compared with 22 values. According to the model calibrated by trip cost and trip time in 7 sectors, private car usage has also increased from 49% to 5.8%. According to the 22 values, in the models calibrated on generalised cost, private car usage has increased from 45.4% to 48.4% in 2 sectors (Figures 13 and 14). In seven sectors, private car usage has shown decrease from 39.4% to 36.4% (Figures 15 and 16) Figure 13: Relationship of other trips in 2 sectors by two-variable model with modal split by observation, 1996 and 22 values

16 Figure 14: Relationship of other trips in 2 sectors by single-variable model with modal split by observation, 1996 and 22 values Figure 15: Relationship of other trips in 7 sectors by two-variable model with modal split by observation, 1996 and 22 values

17 Figure 16: Relationship of other trips in 7 sectors by single-variable model with modal split by observation, 1996 and 22 values 4 Conclusion The conclusions of this study can be summarised as follows. -The models calibrated at higher aggregation level give more accurate and appropriate results. -Significant results are obtained from both; the simple linear regression analysis in the presence of generalized trip cost, and the multivariable linear regression analysis in the presence of trip cost and trip time. - Generalized trip cost variable includes the value of time besides the trip cost. An average value of time is calculated based on the, GDP per capita values in the year 1996 in İstanbul. Because of including the value of time that was calculated externally, the single variable logit model produces more errors as compared to the multivariable logit model. Moreover, taking an average single value of time into consideration for different trip purposes leads to model errors during the modal splitting stage. -The multivariable binary logit model allows us to determine different values of time for each trip purpose. This model gives less error in results relatively. -The mode specific constant included in the utility function of the logit model represents the unmeasurable and the unquantifiable level of service characteristics of the public transport mode such as comfort, safety, and reliability. The absolute value of the mode specific constant obtained from the single variable logit model is considerable whereas it has a negligible value in the multivariable logit model.

18 References [1] Celikoglu H.B., 22, Logit Modal-Split Model Calibration for Istanbul, Unpublished MSc Thesis, Technical University of Istanbul, Istanbul (in Turkish) [2] Kanafani A., 1983, Transportation Demand Analysis, McGraw Hill [3] Transportation Master Plan of Istanbul, 1996, Technical University of Istanbul, Istanbul (in Turkish)

Transportation Theory and Applications

Transportation Theory and Applications Fall 2017 - MTAT.08.043 Transportation Theory and Applications Lecture III: Trip Generation Modelling A. Hadachi Definitions Trip or Journey: is a one-way movement from origin to destination. Home-based

More information

Modal Split. Lecture Notes in Transportation Systems Engineering. Prof. Tom V. Mathew. 1 Overview 1. 2 Mode choice 2

Modal Split. Lecture Notes in Transportation Systems Engineering. Prof. Tom V. Mathew. 1 Overview 1. 2 Mode choice 2 Modal Split Lecture Notes in Transportation Systems Engineering Prof. Tom V. Mathew Contents 1 Overview 1 2 Mode choice 2 3 Factors influencing the choice of mode 2 4 Types of modal split models 3 4.1

More information

Transportation Theory and Applications

Transportation Theory and Applications Fall 2017 - MTAT.08.043 Transportation Theory and Applications Lecture V: Modal split A. Hadachi General Overview Idea After trip generation process and creating the new OD-matrix we slice it into number

More information

TECHNICAL NOTE. 1 Purpose of This Document. 2 Basic Assessment Specification

TECHNICAL NOTE. 1 Purpose of This Document. 2 Basic Assessment Specification TECHNICAL NOTE Project MetroWest Phase 1 Modelling & Appraisal Date 23 rd July 2014 Subject MetroWest Phase 1 Wider Impacts Assessment Ref 467470.AU.02.00 Prepared by CH2MHILL 1 Purpose of This Document

More information

The use of logit model for modal split estimation: a case study

The use of logit model for modal split estimation: a case study The use of logit model for modal split estimation: a case study Davor Krasić Institute for Tourism, Croatia Abstract One of the possible approaches to classifying the transport demand models is the division

More information

Puget Sound 4K Model Version Draft Model Documentation

Puget Sound 4K Model Version Draft Model Documentation Puget Sound 4K Model Version 4.0.3 Draft Model Documentation Prepared by: Puget Sound Regional Council Staff June 2015 1 Table of Contents Trip Generation 9 1.0 Introduction 9 Changes made with Puget Sound

More information

Drawbacks of MNL. MNL may not work well in either of the following cases due to its IIA property:

Drawbacks of MNL. MNL may not work well in either of the following cases due to its IIA property: Nested Logit Model Drawbacks of MNL MNL may not work well in either of the following cases due to its IIA property: When alternatives are not independent i.e., when there are groups of alternatives which

More information

Appendix C: Modeling Process

Appendix C: Modeling Process Appendix C: Modeling Process Michiana on the Move C Figure C-1: The MACOG Hybrid Model Design Modeling Process Travel demand forecasting models (TDMs) are a major analysis tool for the development of long-range

More information

PUBLIC TRANSPORT TRIP GENERATION PARAMETERS FOR SOUTH AFRICA

PUBLIC TRANSPORT TRIP GENERATION PARAMETERS FOR SOUTH AFRICA PUBLIC TRANSPORT TRIP GENERATION PARAMETERS FOR SOUTH AFRICA P Onderwater SMEC South Africa, 2 The Cresent, Westway office park, Westville 3629, Durban Tel: 031 277 6600; Email: pieter.onderwater@smec.com

More information

HRTPO Strategic Campaign and Vision Plan for Passenger Rail

HRTPO Strategic Campaign and Vision Plan for Passenger Rail Presentation To HRTPO Steering Committee Agenda Item #1 HRTPO Strategic Campaign and Vision Plan for Passenger Rail Presentation By March 17, 2010 Transportation Economics & Management Systems, Inc. Study

More information

5.9: Applications of Linear Equations

5.9: Applications of Linear Equations 5.9: Applications of Linear Equations 1. Stacey works for $8 per hour. Make a table of values to show how much she earns for working 0 to 5 hours. a) Time(h) Amount earned ($) b) Graph this relation. c)

More information

Development of a Risk Analysis Model for Producing High-Speed Rail Ridership and Revenue Forecasts

Development of a Risk Analysis Model for Producing High-Speed Rail Ridership and Revenue Forecasts Development of a Risk Analysis Model for Producing High-Speed Rail Ridership and Revenue Forecasts presented to The 5 th Transportation Research Board Conference on Innovations in Travel Modeling presented

More information

Phase 2 Preliminary Business Case. Appendix E Wider Impacts Report

Phase 2 Preliminary Business Case. Appendix E Wider Impacts Report Phase 2 Preliminary Business Case Appendix E Wider Impacts Report July 2015 MetroWest Phase 2 MetroWest Phase 2 Preliminary (Strategic Outline) Business Case Wider Economic Impacts Prepared for West of

More information

Investing in our Region Investing in our Future

Investing in our Region Investing in our Future Investing in our Region Investing in our Future 1 The Challenge GTHA is facing consequences of its success 2 The Solution We have a plan Adopted in 2008 after a comprehensive public process The $34 billion

More information

SLMHC SIOUX LOOKOUT MENO YA WIN HEALTH CENTRE Page 1 of 5 Policy and Procedure Manual

SLMHC SIOUX LOOKOUT MENO YA WIN HEALTH CENTRE Page 1 of 5 Policy and Procedure Manual SLMHC SIOUX LOOKOUT MENO YA WIN HEALTH CENTRE Page 1 of 5 Policy and Procedure Manual Reference/Standard: Number: F. 2017 Effective Date: April 1, 2011 Revision Date: Approval: CEO TRAVEL EXPENSE Standard

More information

Developing Trip Generation Model Utilizing Multiple Regression Analysis

Developing Trip Generation Model Utilizing Multiple Regression Analysis Developing Trip Generation Model Utilizing Multiple Regression Analysis Case Study: Surat, Gujarat, India Mahak Dawra 1, Sahil Kulshreshtha U.G. Student, Department of Planning, School of Planning and

More information

Solent Transport Evidence Base 14/11/2018 Reference number SRTM MODEL FORECASTING SUMMARY

Solent Transport Evidence Base 14/11/2018 Reference number SRTM MODEL FORECASTING SUMMARY 14/11/218 Reference number 12891 SRTM MODEL FORECASTING SUMMARY SOLENT TRANSPORT EVIDENCE BASE SRTM MODEL FORECASTING SUMMARY IDENTIFICATION TABLE Client/Project owner Project Study Solent Transport SRTM

More information

Discrete Choice Model for Public Transport Development in Kuala Lumpur

Discrete Choice Model for Public Transport Development in Kuala Lumpur Discrete Choice Model for Public Transport Development in Kuala Lumpur Abdullah Nurdden 1,*, Riza Atiq O.K. Rahmat 1 and Amiruddin Ismail 1 1 Department of Civil and Structural Engineering, Faculty of

More information

THE COBA 2017 USER MANUAL PART 2 THE VALUATION OF COSTS AND BENEFITS. Contents. Chapter. 1. The Valuation of Time Savings

THE COBA 2017 USER MANUAL PART 2 THE VALUATION OF COSTS AND BENEFITS. Contents. Chapter. 1. The Valuation of Time Savings _ THE COBA 2017 UER MANUAL _ PART 2 THE VALUATION OF COT AND BENEFIT Contents Chapter 1. The Valuation of Time avings 2. The Valuation of Vehicle Operating Costs 3. The Valuation of Accidents 4. The Valuation

More information

Chapter 6: Supply and Demand with Income in the Form of Endowments

Chapter 6: Supply and Demand with Income in the Form of Endowments Chapter 6: Supply and Demand with Income in the Form of Endowments 6.1: Introduction This chapter and the next contain almost identical analyses concerning the supply and demand implied by different kinds

More information

FACULTY OF SCIENCE DEPARTMENT OF STATISTICS

FACULTY OF SCIENCE DEPARTMENT OF STATISTICS FACULTY OF SCIENCE DEPARTMENT OF STATISTICS MODULE ATE1A10 / ATE01A1 ANALYTICAL TECHNIQUES A CAMPUS APK, DFC & SWC SUPPLEMENTARY SUMMATIVE ASSESSMENT DATE 15 JULY 2014 SESSION 15:00 17:00 ASSESSOR MODERATOR

More information

Testing the predictions of the Solow model: What do the data say?

Testing the predictions of the Solow model: What do the data say? Testing the predictions of the Solow model: What do the data say? Prediction n 1 : Conditional convergence: Countries at an early phase of capital accumulation tend to grow faster than countries at a later

More information

Employee Business Expense

Employee Business Expense HUM-001-026 Strathcona County Municipal Policy Handbook Employee Business Expense Date Approved by Council: 10/19/88; 06/27/90; 02/27/91; 09/20/94; 06/29/99; 03/14/2000; 09/20/2005; 04/21/2009 Resolution

More information

Soledad Unified School District - Travel and Conference Policy - January 2018

Soledad Unified School District - Travel and Conference Policy - January 2018 Soledad Unified School District - Travel and Conference Policy - January 2018 January 10 2018 Prepared by: Cesar L. Vega Chief Business Official Approved by: Board of Trustees & Timothy J. Vanoli District

More information

The School Board of Collier County Administrative Procedures

The School Board of Collier County Administrative Procedures The School Board of Collier County Administrative Procedures 6550 - TRAVEL AND PER DIEM OVERVIEW The administrative procedure establishes guidelines for the reimbursement of in county and out of county

More information

Describing Supply and Demand: Elasticities

Describing Supply and Demand: Elasticities CHAPTER 7 Describing Supply and Demand: Elasticities The master economist must understand symbols and speak in words. He must contemplate the particular in terms of the general, and touch abstract and

More information

Calibration of Nested-Logit Mode-Choice Models for Florida

Calibration of Nested-Logit Mode-Choice Models for Florida Final Report Calibration of Nested-Logit Mode-Choice Models for Florida By Mohamed Abdel-Aty, Ph.D., PE Associate Professor and Hassan Abdelwahab Ph.D. Candidate Department of Civil & Environmental Engineering

More information

Note on Assessment and Improvement of Tool Accuracy

Note on Assessment and Improvement of Tool Accuracy Developing Poverty Assessment Tools Project Note on Assessment and Improvement of Tool Accuracy The IRIS Center June 2, 2005 At the workshop organized by the project on January 30, 2004, practitioners

More information

Zone 7 Board of Directors Compensation and Expense Reimbursement Policy

Zone 7 Board of Directors Compensation and Expense Reimbursement Policy Zone 7 Board of Directors Compensation and Expense Reimbursement Policy (amended November 15, 2006; March 16, 2011; June 20, 2012) The members of the Board of Directors will fully comply with the provisions

More information

CITY OF BURLINGAME X. EXPENSE REIMBURSEMENT PROCEDURES

CITY OF BURLINGAME X. EXPENSE REIMBURSEMENT PROCEDURES CITY OF BURLINGAME X. EXPENSE REIMBURSEMENT PROCEDURES A. Purpose: The City of Burlingame is obligated to ensure that expenditures made by the City are for clearly public purposes and the City is accountable

More information

THE COBA 2018 USER MANUAL PART 1 ECONOMIC CONCEPTS IN COBA. Contents. Chapter. 1. The COBA Method. 2. The Do-Minimum and Do-Something Options

THE COBA 2018 USER MANUAL PART 1 ECONOMIC CONCEPTS IN COBA. Contents. Chapter. 1. The COBA Method. 2. The Do-Minimum and Do-Something Options THE COBA 2018 USER MANUAL PART 1 ECONOMIC CONCEPTS IN COBA Contents Chapter 1. The COBA Method 2. The Do-Minimum and Do-Something Options 3. The Fixed Trip Matrix 4. Discounting and the Price Basis 5.

More information

Spending needs, tax revenue capacity and the business rates retention scheme. Neil Amin-Smith David Phillips Polly Simpson

Spending needs, tax revenue capacity and the business rates retention scheme. Neil Amin-Smith David Phillips Polly Simpson Spending needs, tax revenue capacity and the business rates retention scheme Neil Amin-Smith David Phillips Polly Simpson Spending needs, tax revenue capacity and the business rates retention scheme Neil

More information

THE CONSUMPTION AGGREGATE

THE CONSUMPTION AGGREGATE THE CONSUMPTION AGGREGATE MEASURE OF WELFARE: THE TOTAL CONSUMPTION 1. People well-being, or utility, cannot be measured directly, therefore, consumption was used as an indirect measure of welfare. The

More information

Bottesford CofE Primary School

Bottesford CofE Primary School Bottesford CofE Primary School Staff expenses policy Aspiring and Achieving All Together Company No: 8259654 Registered Office: Silverwood Road, Bottesford, Nottingham. NG13 0BS Page 1 of 6 Person responsible

More information

Military Expenditures, External Threats and Economic Growth. Abstract

Military Expenditures, External Threats and Economic Growth. Abstract Military Expenditures, External Threats and Economic Growth Ari Francisco de Araujo Junior Ibmec Minas Cláudio D. Shikida Ibmec Minas Abstract Do military expenditures have impact on growth? Aizenman Glick

More information

SOLUTION Fama Bliss and Risk Premiums in the Term Structure

SOLUTION Fama Bliss and Risk Premiums in the Term Structure SOLUTION Fama Bliss and Risk Premiums in the Term Structure Question (i EH Regression Results Holding period return year 3 year 4 year 5 year Intercept 0.0009 0.0011 0.0014 0.0015 (std err 0.003 0.0045

More information

MACROECONOMIC ANALYSIS OF TRANSPORT PRICING REGIMES FOR THE EU

MACROECONOMIC ANALYSIS OF TRANSPORT PRICING REGIMES FOR THE EU Advanced OR and AI Methods in Transportation MACROECONOMIC ANALYSIS OF TRANSPORT PRICING REGIMES FOR THE EU Wolfgang SCHADE, Claus DOLL 1 Abstract. This paper presents a macroeconomic analysis of 10 different

More information

The Effect of Retail Loans on Bank Profitability A Comparative Empirical Analysis

The Effect of Retail Loans on Bank Profitability A Comparative Empirical Analysis MPRA Munich Personal RePEc Archive The Effect of Retail Loans on Bank Profitability A Comparative Empirical Analysis Yusuf Dinc Istanbul Sabahattin Zaim University 5 August 2017 Online at https://mpra.ub.uni-muenchen.de/85332/

More information

Travel, Subsistence and Expenses Policy

Travel, Subsistence and Expenses Policy Travel, Subsistence and Expenses Policy Bournemouth Primary Multi Academy Trust Policy Approved By Board Signed Date Signed Chair of Board Date Signed Executive Head Date Chief Financial Officer Reviewed

More information

Keywords Akiake Information criterion, Automobile, Bonus-Malus, Exponential family, Linear regression, Residuals, Scaled deviance. I.

Keywords Akiake Information criterion, Automobile, Bonus-Malus, Exponential family, Linear regression, Residuals, Scaled deviance. I. Application of the Generalized Linear Models in Actuarial Framework BY MURWAN H. M. A. SIDDIG School of Mathematics, Faculty of Engineering Physical Science, The University of Manchester, Oxford Road,

More information

Studying Sample Sizes for demand analysis Analysis on the size of calibration and hold-out sample for choice model appraisal

Studying Sample Sizes for demand analysis Analysis on the size of calibration and hold-out sample for choice model appraisal Studying Sample Sizes for demand analysis Analysis on the size of calibration and hold-out sample for choice model appraisal Mathew Olde Klieverik 26-9-2007 2007 Studying Sample Sizes for demand analysis

More information

ASSOCIATION MEMBERSHIP

ASSOCIATION MEMBERSHIP Article No. 19 Page 1 of 10 Title Sec. 19.1 revised by / Sec. 19.1. revised by 419 / August 14, 2014 Sec. 19.1. revised by 416 / June 18, 2014 Sec. 19.1. revised by 396 / July 25, 2012 Sec. 19.1. revised

More information

Travel and Reimbursement Policy EPF Meetings / Events

Travel and Reimbursement Policy EPF Meetings / Events Travel and Reimbursement Policy EPF Meetings / Events All representatives of patient organisations who have been invited and whose registration has been confirmed for an EPF event will be reimbursed for

More information

UNIVERSITY OF WALES EXPENSES, TRAVEL AND SUBSISTENCE POLICY. 1. Introduction. Travel & Expenses - Version 4, July 2014, Academic Unit

UNIVERSITY OF WALES EXPENSES, TRAVEL AND SUBSISTENCE POLICY. 1. Introduction. Travel & Expenses - Version 4, July 2014, Academic Unit UNIVERSITY OF WALES EXPENSES, TRAVEL AND SUBSISTENCE POLICY 1. Introduction This document provides detailed guidance on the University s policy for the reimbursement of expenses necessarily incurred by

More information

Testing the predictions of the Solow model:

Testing the predictions of the Solow model: Testing the predictions of the Solow model: 1. Convergence predictions: state that countries farther away from their steady state grow faster. Convergence regressions are designed to test this prediction.

More information

Business Travel & Expenses Policy. June 2018

Business Travel & Expenses Policy. June 2018 Business Travel & Expenses Policy June 2018 Contents Page Document History ii 1. Introduction 1 2. Policy 1 3. Exceptions to Policy 7 i Document History Revision History Date of this revision: 20/09/2017

More information

Case Study of the Paris and Montreal Metropolitan Areas

Case Study of the Paris and Montreal Metropolitan Areas MEASURING UNCERTAINTY IN LONG-TERM TRAVEL DEMAND FORECASTING FROM DEMOGRAPHIC MODELLING J. ARMOOGUM, J.-L. MADRE, Y. BUSSIÈRE MEASURING UNCERTAINTY IN LONG-TERM TRAVEL DEMAND FORECASTING FROM DEMOGRAPHIC

More information

Public Transit Financing in the Montréal Metropolitan Area. Public Transit Financing in the Montréal Metropolitan Area

Public Transit Financing in the Montréal Metropolitan Area. Public Transit Financing in the Montréal Metropolitan Area Public Transit Financing in the Montréal Metropolitan Area By Mich i chel Beaulé Senior Polic licy Analyst l t Québec Deparrttment of Trranspor porta tation tion June 15, 2007 Public Transit Financing

More information

Zenith Model Framework Papers Version Paper C - Trip Production Model

Zenith Model Framework Papers Version Paper C - Trip Production Model Zenith Model Framework Papers Version 3.0.1 Paper C - Trip Production Model May 2014 Page Intentionally Left Blank Zenith Model Framework Papers Version 3.0.1 Paper C - Trip Production Model Draft Report

More information

CHAPTER -IV FINANCIAL PERFORMANCE OF THE MAX! CAB OPERATIONS IN K4NYI4KUM4RI DISTRICT

CHAPTER -IV FINANCIAL PERFORMANCE OF THE MAX! CAB OPERATIONS IN K4NYI4KUM4RI DISTRICT CHAPTER -IV FINANCIAL PERFORMANCE OF THE MAX! CAB OPERATIONS IN K4NYI4KUM4RI DISTRICT 118 CHAPTER IV FINANCIAL PERFORMANCE OF THE MAXI CAB OPERATIONS IN KANYAKUMARI DISTRICT The profitability of maxi cab

More information

Travel & Expense Reimbursement Policy AUSTRALIA

Travel & Expense Reimbursement Policy AUSTRALIA Travel & Expense Reimbursement Policy AUSTRALIA 1 POLICY STATEMENT William Demant Holding - Pacific Region, hereafter referred to as The Company aims to provide guidelines relating to business related

More information

ALLOWANCES AND BENEFITS Human Resource Manual Duty Travel and Accommodation Section 1507 DUTY TRAVEL AND ACCOMMODATION

ALLOWANCES AND BENEFITS Human Resource Manual Duty Travel and Accommodation Section 1507 DUTY TRAVEL AND ACCOMMODATION PURPOSE ALLOWANCES AND BENEFITS Human Resource Manual DUTY TRAVEL AND ACCOMMODATION 1. The cost of reasonable expenses is repaid to an employee after travelling on government business. APPLICATION 2. These

More information

House of Assembly. Conference Travel Policy. Members of the House of Assembly

House of Assembly. Conference Travel Policy. Members of the House of Assembly House of Assembly Members of the House of Assembly June, 2009 Table of Contents 1.0 Approval 2.0 Purpose 3.0 General 4.0 Policy 4.1 Modes of Travel 4.2 Meals 4.3 Accommodations 4.4 Entertainment 4.5 Other

More information

HORRY COUNTY TRAVEL POLICY AND PROCEDURES MANUAL

HORRY COUNTY TRAVEL POLICY AND PROCEDURES MANUAL HORRY COUNTY TRAVEL POLICY AND PROCEDURES MANUAL Effective October 1, 2008 Updated for revised per diem rates effective July 1, 2012 as per Budget Ordinance 25-12 Updated for exclusion of day trip meal

More information

TIMOR-LESTE COUNTRY REPORT

TIMOR-LESTE COUNTRY REPORT TIMOR-LESTE COUNTRY REPORT SUMMARY At constant prices (2015=100), in 2015 the non- Oil GDP increased 4.0%, following the GDP expenditure (e) approach, as the headline GDP (GDP (e) = GDP). For the other,

More information

FISCAL POLICIES and PROCEDURES

FISCAL POLICIES and PROCEDURES Date: 09/01/2009 Page 1 of 27 Travel Policies Procedures - Introduction Travel by university employees is governed by the State of Texas Travel Regulations Act, the General Appropriations Act, the Rules

More information

An analysis of the relationships between motorization and housing planning

An analysis of the relationships between motorization and housing planning An analysis of the relationships between motorization and housing planning R. Ando/*> N. Aoshima,^ M. Ito^ ^ Katahira & Engineers Inc, Nagoya Branch, West Point 1413, Tsubakicho 14-13, Nakamura-ku, Nagoya

More information

Marsh Barton Rail Station Draft Benefits Realisation Plan and Monitoring and Evaluation Plan

Marsh Barton Rail Station Draft Benefits Realisation Plan and Monitoring and Evaluation Plan Draft Benefits Realisation Plan and Monitoring and Evaluation Plan May 2014 Devon County Council County Hall Topsham Road Exeter Devon EX2 4QD Contents 1 Scheme Background and Context... 3 1.1 Description

More information

Employee Business Expense Policy:

Employee Business Expense Policy: Employee Business Expense Policy: Date Approved by Board: 2011.10.20 Resolution No.: 11 103 2016.08.18 16 093 Lead Role: Chief Financial Officer (CFO) Replaces: N/A Last Review Date: Next Review Date:

More information

ANALYSIS OF THE RELATIONSHIP OF STOCK MARKET WITH EXCHANGE RATE AND SPOT GOLD PRICE OF SRI LANKA

ANALYSIS OF THE RELATIONSHIP OF STOCK MARKET WITH EXCHANGE RATE AND SPOT GOLD PRICE OF SRI LANKA ANALYSIS OF THE RELATIONSHIP OF STOCK MARKET WITH EXCHANGE RATE AND SPOT GOLD PRICE OF SRI LANKA W T N Wickramasinghe (128916 V) Degree of Master of Science Department of Mathematics University of Moratuwa

More information

Travel Forecasting for Corridor Alternatives Analysis

Travel Forecasting for Corridor Alternatives Analysis Travel Forecasting for Corridor Alternatives Analysis Purple Line Functional Master Plan Advisory Group January 22, 2008 1 Purpose of Travel Forecasting Problem Definition Market Analysis Current Future

More information

Algebra 1 Keystone Remediation Packet Module 1 Anchor 3

Algebra 1 Keystone Remediation Packet Module 1 Anchor 3 Algebra 1 Keystone Remediation Packet Module 1 Anchor 3 A.1.1.3.1 Write, solve, and/or graph linear inequalities using various methods. A.1.1.3.1.1 Write or solve compound inequalities and/or graph their

More information

Technical Appendices to Extracting Summary Piles from Sorting Task Data

Technical Appendices to Extracting Summary Piles from Sorting Task Data Technical Appendices to Extracting Summary Piles from Sorting Task Data Simon J. Blanchard McDonough School of Business, Georgetown University, Washington, DC 20057, USA sjb247@georgetown.edu Daniel Aloise

More information

White Rose Research Online URL for this paper: Version: Accepted Version

White Rose Research Online URL for this paper:   Version: Accepted Version This is a repository copy of Effects of a tradable credits scheme on mobility management: a household utility based approach incorporating travel money and travel time budgets. White Rose Research Online

More information

Is congestion pricing fair?

Is congestion pricing fair? KTH ROYAL INSTITUTE OF TECHNOLOGY Is congestion pricing fair? Consumer and citizen perspectives on equity effects Jonas Eliasson Head of Stockholm City Transportation Department Professor transport systems

More information

The Separate Valuation Relevance of Earnings, Book Value and their Components in Profit and Loss Making Firms: UK Evidence

The Separate Valuation Relevance of Earnings, Book Value and their Components in Profit and Loss Making Firms: UK Evidence MPRA Munich Personal RePEc Archive The Separate Valuation Relevance of Earnings, Book Value and their Components in Profit and Loss Making Firms: UK Evidence S Akbar The University of Liverpool 2007 Online

More information

Inferring Variations in Values of Time

Inferring Variations in Values of Time TRANSPORT A TJON RESEARCH RECORD 1395 25 Inferring Variations in Values of Time from Toll Route Diversion Behavior TERJE TRETVIK The use of tolls to finance new road infrastructure has become widespread

More information

Activity-Based Model Systems

Activity-Based Model Systems Activity-Based Model Systems MIT 1.205 November 22, 2013 John L Bowman, Ph.D. John_L_Bowman@alum.mit.edu JBowman.net Outline Introduction and Basics Details Synthetic population and long term models Day

More information

Submission to Infrastructure Victoria. on Draft 30 Year Strategy

Submission to Infrastructure Victoria. on Draft 30 Year Strategy Submission to Infrastructure Victoria Introduction on Draft 30 Year Strategy Mobility as a Service (Australia) Pty Ltd (MaaS Australia) is an Australian company focussed on unlocking the benefits that

More information

COST-VOLUME-PROFIT ANALYSIS

COST-VOLUME-PROFIT ANALYSIS Chapter 22 COST-VOLUME-PROFIT ANALYSIS PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA Copyright 2015

More information

Abstract

Abstract Australasian Transport Research Forum 2011 Proceedings 28-30 September 2011, Adelaide, Australia Publication website: http://www.patrec.org/atrf.aspx Forecasting annual train boardings in Melbourne using

More information

REQUEST FOR DISTRICT WORKSHOP / CONFERENCE FUNDS

REQUEST FOR DISTRICT WORKSHOP / CONFERENCE FUNDS FACULTY TRAVEL GUIDELINES This document outlines the forms required, guidelines and procedures for all district travel. If expenses that are reimbursable are turned in without the necessary receipts, those

More information

Southern California Association of Governments (SCAG) Metropolitan Planning Organization (AMPO) Annual Conference. Prepared for

Southern California Association of Governments (SCAG) Metropolitan Planning Organization (AMPO) Annual Conference. Prepared for Congestion Pricing Modeling and Results for Express Travel Choices Study Kazem Oryani and Cissy Kulakowski, CDM Smith Portland, Oregon, October 22 25, 2013 Prepared for Southern California Association

More information

REGIONAL WORKSHOP ON TRAFFIC FORECASTING AND ECONOMIC PLANNING

REGIONAL WORKSHOP ON TRAFFIC FORECASTING AND ECONOMIC PLANNING International Civil Aviation Organization 27/8/10 WORKING PAPER REGIONAL WORKSHOP ON TRAFFIC FORECASTING AND ECONOMIC PLANNING Cairo 2 to 4 November 2010 Agenda Item 3 a): Forecasting Methodology (Presented

More information

A Spend Authorization Request (SA), prepared in accordance with established procedures, must be issued and approved prior to travel.

A Spend Authorization Request (SA), prepared in accordance with established procedures, must be issued and approved prior to travel. Contents: General Information Authorized Expenses Unauthorized Expenses Approval Process Expense Reimbursement Form Audits Card Revocation General Information: A Spend Authorization Request (SA), prepared

More information

Project LINK October, 2012 Country Report: Turkey. Prepared by

Project LINK October, 2012 Country Report: Turkey. Prepared by Project LINK October, 212 Country Report: Turkey Prepared by Suleyman Ozmucur University of Pennsylvania, Department of Economics and Bogazici University, Center for Economics & Econometrics, Istanbul,

More information

Australian Infrastructure Audit submission

Australian Infrastructure Audit submission 14 August 2015 Transurban appreciates the opportunity to respond to Infrastructure Australia s (IA) Australian Infrastructure Audit, released in May 2015. We commend IA for highlighting the critical transport

More information

Development of Trip Generation Equations for the Gold Coast and Sunshine Coast Regions

Development of Trip Generation Equations for the Gold Coast and Sunshine Coast Regions Bachelor Thesis Development of Trip Generation Equations for the Gold Coast and Sunshine Coast Regions Brisbane, ustralia 8 February 28 Robert van Beilen s43753 Trip Generation Review and development of

More information

Day 3. Other Word Problems. Practice: Direct Variation

Day 3. Other Word Problems. Practice: Direct Variation Name: Practice: Direct Variation Date: BLM 5.1.1... 1. Find the constant of variation for each direct variation. a) The cost for a long-distance telephone call varies directly with time. A 12-min phone

More information

The relationship between the restated financial statements and the independent auditor using logit model in the Tehran Stock Exchange

The relationship between the restated financial statements and the independent auditor using logit model in the Tehran Stock Exchange The relationship between the restated financial statements and the independent auditor using logit model in the Tehran Stock Exchange Hamidreza Alamdar *, Dr. Issa Heidari ** * Department of Accounting,

More information

A Summary of Changes to the HS2 Economic Case

A Summary of Changes to the HS2 Economic Case A Summary of Changes to the HS2 Economic Case April 2011 Contents 1 Introduction 4 2 Cost Changes 6 3 Appraisal Changes 7 4 Summary of Changes 9 Annex 1: Capital Costs 10 Annex 2: Operating Costs 13 Annex

More information

IJPSS Volume 2, Issue 4 ISSN:

IJPSS Volume 2, Issue 4 ISSN: Poverty and inequality in Services Sector of Sudan Ali Musa Abaker* Ali Abd Elaziz Salih** ABSTRACT: This research paper aims to address income poverty and inequality in service sector of Sudan. Poverty

More information

An Empirical Analysis on the Relationship between Health Care Expenditures and Economic Growth in the European Union Countries

An Empirical Analysis on the Relationship between Health Care Expenditures and Economic Growth in the European Union Countries An Empirical Analysis on the Relationship between Health Care Expenditures and Economic Growth in the European Union Countries Çiğdem Börke Tunalı Associate Professor, Department of Economics, Faculty

More information

Use of an Automobile: Tax Consequences

Use of an Automobile: Tax Consequences Use of an Automobile: Tax Consequences Expenses incurred for the use of an automobile for employment or business purposes present a business component that justifies their deductibility for tax purposes.

More information

APPENDIX K REIMBURSEMENT OF TRANSPORTATION, LODGING, MEALS, AND TRAVEL EXPENSES INCURRED BY KITSAP COUNTY OFFICERS, EMPLOYEES AND VOLUNTEERS POLICY

APPENDIX K REIMBURSEMENT OF TRANSPORTATION, LODGING, MEALS, AND TRAVEL EXPENSES INCURRED BY KITSAP COUNTY OFFICERS, EMPLOYEES AND VOLUNTEERS POLICY REIMBURSEMENT OF TRANSPORTATION, LODGING, MEALS, AND TRAVEL EXPENSES INCURRED BY KITSAP COUNTY OFFICERS, EMPLOYEES AND VOLUNTEERS POLICY Section1. The following resolutions are repealed in their entirety:

More information

TRAVEL POLICY Effective October 1, 2006

TRAVEL POLICY Effective October 1, 2006 TRAVEL POLICY Effective October 1, 2006 TABLE OF CONTENTS Page I. PURPOSE...1 II. III. IV. SCOPE 1 DEFINITIONS 1 AUTHORIZATION TO TRAVEL.2 A. General Conditions...2 B. In-County Travel..3 C. Out-of-County

More information

FINANCE IN REAL ESTATE EDUCATION: EXAMPLE FROM THE EMERGING MARKET PERSPECTIVE.

FINANCE IN REAL ESTATE EDUCATION: EXAMPLE FROM THE EMERGING MARKET PERSPECTIVE. 10th Annual ERES Education Seminar: Ferrara FINANCE IN REAL ESTATE EDUCATION: EXAMPLE FROM THE EMERGING MARKET PERSPECTIVE. DR. KEREM YAVUZ ARSLANLI ISTANBUL TECHNICAL UNIVERSITY ARSLANLI@ITU.EDU.TR Real

More information

The Vice-President (Administration and Finance) is responsible for the implementation of this policy.

The Vice-President (Administration and Finance) is responsible for the implementation of this policy. UNIVERSITY OF NORTHERN BRITISH COLUMBIA Policies and Procedures SUBJECT: TRAVEL REIMBURSEMENT 1. Purpose The purpose of this policy is to outline the procedures to be followed by all University employees

More information

MEMORANDUM OF AGREEMENT

MEMORANDUM OF AGREEMENT MEMORANDUM OF AGREEMENT made as of the 9 th day of June 2006 BETWEEN: HER MAJESTY THE QUEEN, in right of Alberta ( Alberta ), as represented by the Minister of Infrastructure and Transportation ( Minister

More information

Public Transport Affordability and Subsidy Policies: A case study of Santiago, Chile. Andrés Gómez-Lobo Transport Forum March 28, 2007

Public Transport Affordability and Subsidy Policies: A case study of Santiago, Chile. Andrés Gómez-Lobo Transport Forum March 28, 2007 Public Transport Affordability and Subsidy Policies: A case study of Santiago, Chile Andrés Gómez-Lobo Transport Forum March 28, 2007 Overview Public transport in Santiago Affordability measures and their

More information

Available online at ScienceDirect. Procedia Environmental Sciences 22 (2014 )

Available online at   ScienceDirect. Procedia Environmental Sciences 22 (2014 ) Available online at www.sciencedirect.com ScienceDirect Procedia Environmental Sciences 22 (2014 ) 414 422 12th International Conference on Design and Decision Support Systems in Architecture and Urban

More information

Aviation Economics & Finance

Aviation Economics & Finance Aviation Economics & Finance Professor David Gillen (University of British Columbia )& Professor Tuba Toru-Delibasi (Bahcesehir University) Istanbul Technical University Air Transportation Management M.Sc.

More information

Faculty Paper Series

Faculty Paper Series Faculty Paper Series Faculty Paper 01-08 May 2001 The Economic and Fiscal Impacts of a Wind Turbine Farm in Pecos County Texas By Judith I. Stallmann Associate Professor and Extension Economist judystal@tamu.edu

More information

OCE Travel and Business Expense Policy

OCE Travel and Business Expense Policy OCE Travel and Business Expense Policy Introduction This policy outlines the procedure and practices for the reimbursement of business and travel expenses incurred for the purpose of conducting Ontario

More information

Research Report No. 69 UPDATING POVERTY AND INEQUALITY ESTIMATES: 2005 PANORA SOCIAL POLICY AND DEVELOPMENT CENTRE

Research Report No. 69 UPDATING POVERTY AND INEQUALITY ESTIMATES: 2005 PANORA SOCIAL POLICY AND DEVELOPMENT CENTRE Research Report No. 69 UPDATING POVERTY AND INEQUALITY ESTIMATES: 2005 PANORA SOCIAL POLICY AND DEVELOPMENT CENTRE Research Report No. 69 UPDATING POVERTY AND INEQUALITY ESTIMATES: 2005 PANORAMA Haroon

More information

AUSTRALIAN ISLAMIC COLLEGE

AUSTRALIAN ISLAMIC COLLEGE AUSTRALIAN ISLAMIC COLLEGE Western Australian Curriculum Mathematics 2018 Year 9 Project Based Learning Investigation Name: Student ID: Teacher: Instructions: Read the project carefully There is a lot

More information

State and Local Government Employment and Final Demand (May 2000; Revised March 2009) U.S. Model

State and Local Government Employment and Final Demand (May 2000; Revised March 2009) U.S. Model State and Local Government Employment and Final Demand (May 2000; Revised March 2009) The Bureau of Economic Analysis (BEA) reports historical state government employment separate from local government

More information

Expense Policy for Employees and Other Authorized Persons

Expense Policy for Employees and Other Authorized Persons CORPORATE REPORT NO: R110 COUNCIL DATE: May 16, 2016 REGULAR COUNCIL TO: Mayor & Council DATE: May 9, 2016 FROM: General Manager, Finance & Technology FILE: 1800-00 SUBJECT: Expense Policy for Employees

More information

The evaluation of transport public policies on commuters travels environmental consequences

The evaluation of transport public policies on commuters travels environmental consequences The evaluation of transport public policies on commuters travels environmental consequences 2 nd EEEN forum Stockholm, 9 th -10 th April 2013 Mihaï TIVADAR (IRSTEA), Odile HEDDEBAUT (IFSTTAR) 9th April

More information

COUNTRY REPORT TURKEY

COUNTRY REPORT TURKEY COUNTRY REPORT TURKEY This document sets out basic mortality information for Turkey for the use of the International Actuarial Association s Mortality Working Group. CONTENTS New Research... 2 New Mortality

More information