IDEAS home Printed from https://ideas.repec.org/a/eee/trapol/v110y2021icp16-27.html
   My bibliography  Save this article

Valuing changes in wellbeing and its relevance for transport policy

Author

Listed:
  • Stanley, John K.
  • Hensher, David A.
  • Stanley, Janet R.
  • Vella-Brodrick, Dianne

Abstract

There is growing transport policy interest in identifying how governmental interventions may affect wellbeing. However, research on transport-wellbeing connections does not extend to monetization of wellbeing benefits, to enable alignment with economic values used in transport cost-benefit analysis. Such monetization could support improved transport policy and project sustainability analysis, involving economic, social and/or environmental trade-offs. This paper estimates separate monetary values for changes in subjective, affective and meaning centred (eudaimonic) wellbeing and examines their association with social exclusion. It also includes associated monetization of trip making, changes in social capital and in sense of community. The monetary values estimated in the paper all increase as household income declines. They support a transport policy and project appraisal focus that extends benefit/cost valuation beyond what is included in traditional transport economic cost-benefit analysis, helping to close a major gap in current appraisal methodology. Understanding the value of improving wellbeing highlights the opportunities to assist those at most risk of mobility-related social exclusion by taking more integrated approaches to transport planning and policy making.

Suggested Citation

  • Stanley, John K. & Hensher, David A. & Stanley, Janet R. & Vella-Brodrick, Dianne, 2021. "Valuing changes in wellbeing and its relevance for transport policy," Transport Policy, Elsevier, vol. 110(C), pages 16-27.
    • Handle: RePEc:eee:trapol:v:110:y:2021:i:c:p:16-27
    DOI: 10.1016/j.tranpol.2021.05.017
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0967070X2100161X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.tranpol.2021.05.017?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Cecilia Bergstad & Amelie Gamble & Tommy Gärling & Olle Hagman & Merritt Polk & Dick Ettema & Margareta Friman & Lars Olsson, 2011. "Subjective well-being related to satisfaction with daily travel," Transportation, Springer, vol. 38(1), pages 1-15, January.
    2. Ed Diener, 1994. "Assessing subjective well-being: Progress and opportunities," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 31(2), pages 103-157, February.
    3. van Wee, Bert & Börjesson, Maria, 2015. "How to make CBA more suitable for evaluating cycling policies," Transport Policy, Elsevier, vol. 44(C), pages 117-124.
    4. Veronika Huta & Alan Waterman, 2014. "Eudaimonia and Its Distinction from Hedonia: Developing a Classification and Terminology for Understanding Conceptual and Operational Definitions," Journal of Happiness Studies, Springer, vol. 15(6), pages 1425-1456, December.
    5. Stanley, John K. & Hensher, David A. & Stanley, Janet R. & Vella-Brodrick, Dianne, 2011. "Mobility, social exclusion and well-being: Exploring the links," Transportation Research Part A: Policy and Practice, Elsevier, vol. 45(8), pages 789-801, October.
    6. Patricia L. Mokhtarian, 2019. "Subjective well-being and travel: retrospect and prospect," Transportation, Springer, vol. 46(2), pages 493-513, April.
    7. Jonas De Vos & Tim Schwanen & Veronique Van Acker & Frank Witlox, 2013. "Travel and Subjective Well-Being: A Focus on Findings, Methods and Future Research Needs," Transport Reviews, Taylor & Francis Journals, vol. 33(4), pages 421-442, July.
    8. John Stanley & David A. Hensher & Janet Stanley & Graham Currie & William H. Greene & Dianne Vella-Brodrick, 2011. "Social Exclusion and the Value of Mobility," Journal of Transport Economics and Policy, University of Bath, vol. 45(2), pages 197-222, May.
    9. Richard Eckersley, 2013. "Subjective Wellbeing: Telling Only Half the Story," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 112(3), pages 529-534, July.
    10. Sörensen, Leif & Bossert, Andreas & Jokinen, Jani-Pekka & Schlüter, Jan, 2021. "How much flexibility does rural public transport need? – Implications from a fully flexible DRT system," Transport Policy, Elsevier, vol. 100(C), pages 5-20.
    11. Alois Stutzer & Bruno S. Frey, 2004. "Reported Subjective Well-Being: A Challenge for Economic Theory and Economic Policy," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 124(2), pages 191-231.
    12. Atanu Sengupta & Sanjoy De, 2020. "Review of Literature," India Studies in Business and Economics, in: Assessing Performance of Banks in India Fifty Years After Nationalization, chapter 0, pages 15-30, Springer.
    13. Greene,William H. & Hensher,David A., 2010. "Modeling Ordered Choices," Cambridge Books, Cambridge University Press, number 9780521194204.
    14. Lucas, Karen, 2012. "Transport and social exclusion: Where are we now?," Transport Policy, Elsevier, vol. 20(C), pages 105-113.
    15. Vella-Brodrick, Dianne A. & Stanley, Janet, 2013. "The significance of transport mobility in predicting well-being," Transport Policy, Elsevier, vol. 29(C), pages 236-242.
    16. John Stanley & Janet Stanley & David Hensher, 2012. "Mobility, Social Capital and Sense of Community: What Value?," Urban Studies, Urban Studies Journal Limited, vol. 49(16), pages 3595-3609, December.
    17. Nuran Bayram & Firat Bilgel & Nazan Bilgel, 2012. "Social Exclusion and Quality of Life: An Empirical Study from Turkey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 105(1), pages 109-120, January.
    18. Stanley, John & Stanley, Janet & Balbontin, Camila & Hensher, David, 2019. "Social exclusion: The roles of mobility and bridging social capital in regional Australia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 125(C), pages 223-233.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. John Stanley & Janet Stanley, 2023. "Improving Appraisal Methodology for Land Use Transport Measures to Reduce Risk of Social Exclusion," Sustainability, MDPI, vol. 15(15), pages 1-18, August.
    2. Hensher, David A. & Beck, Matthew J., 2023. "Exploring how worthwhile the things that you do in life are during COVID-19 and links to well-being and working from home," Transportation Research Part A: Policy and Practice, Elsevier, vol. 168(C).
    3. Stanley, John K. & Hensher, David A. & Stanley, Janet R., 2022. "Place-based disadvantage, social exclusion and the value of mobility," Transportation Research Part A: Policy and Practice, Elsevier, vol. 160(C), pages 101-113.
    4. Hensher, David A. & Beck, Matthew J. & Balbontin, Camila, 2023. "Working from home 22 months on from the beginning of COVID-19: What have we learned for the future provision of transport services?," Research in Transportation Economics, Elsevier, vol. 98(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Stanley & Janet Stanley, 2023. "Improving Appraisal Methodology for Land Use Transport Measures to Reduce Risk of Social Exclusion," Sustainability, MDPI, vol. 15(15), pages 1-18, August.
    2. He, Sylvia Y. & Thøgersen, John & Cheung, Yannie H.Y. & Yu, Alesia H.Y., 2020. "Ageing in a transit-oriented city: Satisfaction with transport, social inclusion and wellbeing," Transport Policy, Elsevier, vol. 97(C), pages 85-94.
    3. Stanley, John & Stanley, Janet & Balbontin, Camila & Hensher, David, 2019. "Social exclusion: The roles of mobility and bridging social capital in regional Australia," Transportation Research Part A: Policy and Practice, Elsevier, vol. 125(C), pages 223-233.
    4. Stanley, John K. & Hensher, David A. & Stanley, Janet R., 2022. "Place-based disadvantage, social exclusion and the value of mobility," Transportation Research Part A: Policy and Practice, Elsevier, vol. 160(C), pages 101-113.
    5. Morris, Eric A., 2015. "Should we all just stay home? Travel, out-of-home activities, and life satisfaction," Transportation Research Part A: Policy and Practice, Elsevier, vol. 78(C), pages 519-536.
    6. Utsunomiya, Kiyohito, 2020. "The impact of regional railways on travel behaviour and social capital," Research in Transportation Economics, Elsevier, vol. 83(C).
    7. Khaleghi, Marjan & Kato, Hirokazu, 2023. "Children’s non-school trips, travel-related subjective well-being, and life satisfaction: Evidence from young adolescents in rural Japan," Transportation Research Part A: Policy and Practice, Elsevier, vol. 169(C).
    8. Diego Zapata Cordoba & John Stanley & Janet Robin Stanley, 2014. "Reducing Social Exclusion in Highly Disadvantaged Districts in Medellín, Colombia, through the Provision of a Cable-Car," Social Inclusion, Cogitatio Press, vol. 2(4), pages 1-13.
    9. Dong, Han & Zhang, Jun & Cirillo, Cinzia, 2019. "Exploring, understanding, and modeling the reciprocal relation between leisure and subjective well-being," Transportation Research Part A: Policy and Practice, Elsevier, vol. 130(C), pages 813-824.
    10. Awaworyi Churchill, Sefa & Koomson, Isaac & Munyanyi, Musharavati Ephraim, 2023. "Transport poverty and obesity: The mediating roles of social capital and physical activity," Transport Policy, Elsevier, vol. 130(C), pages 155-166.
    11. Du, Yao & Sun, Guibo & Heinen, Eva, 2024. "Does subjective wellbeing modify travel behaviour changes among older people in response to a new metro line?," Journal of Transport Geography, Elsevier, vol. 117(C).
    12. Majumdar, Bandhan Bandhu & Jayakumar, Malavika & Sahu, Prasanta K. & Potoglou, Dimitris, 2021. "Identification of key determinants of travel satisfaction for developing policy instrument to improve quality of life: An analysis of commuting in Delhi," Transport Policy, Elsevier, vol. 110(C), pages 281-292.
    13. Shaila Jamal & Antonio Paez, 2024. "Well-being implications of immobility during COVID-19: evidence from a student sample in Bangladesh using the satisfaction with life scale," Transportation, Springer, vol. 51(5), pages 2019-2049, October.
    14. Utsunomiya, Kiyohito, 2016. "Social capital and local public transportation in Japan," Research in Transportation Economics, Elsevier, vol. 59(C), pages 434-440.
    15. Jesper Bláfoss Ingvardson & Sigal Kaplan & João de Abreu e Silva & Floridea Ciommo & Yoram Shiftan & Otto Anker Nielsen, 2020. "Existence, relatedness and growth needs as mediators between mode choice and travel satisfaction: evidence from Denmark," Transportation, Springer, vol. 47(1), pages 337-358, February.
    16. David Cao & John Stanley & Janet Stanley, 2017. "Indicators of Socio-Spatial Transport Disadvantage for Inter-Island Transport Planning in Rural Philippine Communities," Social Inclusion, Cogitatio Press, vol. 5(4), pages 116-131.
    17. Pan, Yu & He, Sylvia Y., 2022. "Analyzing COVID-19’s impact on the travel mobility of various social groups in China’s Greater Bay Area via mobile phone big data," Transportation Research Part A: Policy and Practice, Elsevier, vol. 159(C), pages 263-281.
    18. Robin Hickman & Mengqiu Cao & Beatriz Mella Lira & Alexis Fillone & Jose Bienvenido Biona, 2017. "Understanding Capabilities, Functionings and Travel in High and Low Income Neighbourhoods in Manila," Social Inclusion, Cogitatio Press, vol. 5(4), pages 161-174.
    19. Haseeb, Attiya & Mitra, Raktim, 2023. "Do environmentally sustainable travel behaviours contribute to transportation-related social exclusion?," Journal of Transport Geography, Elsevier, vol. 113(C).
    20. De Vos, Jonas & Witlox, Frank, 2017. "Travel satisfaction revisited. On the pivotal role of travel satisfaction in conceptualising a travel behaviour process," Transportation Research Part A: Policy and Practice, Elsevier, vol. 106(C), pages 364-373.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:110:y:2021:i:c:p:16-27. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.