THE EFFICIENCY EFFECTS OF TRANSPORT POLICIES IN THE PRESENCE OF EXTERNALITIES AND DISTORTIONARY TAXES. IN: THE AUTOMOBILE
The aim of this paper is to analyze the efficiency effects of the three pricing instruments, road pricing, fuel taxes, and subsidies to public transport. The paper examines how effective the above instruments are in tackling congestion, air pollution, and accidents; and how they interact with existing distortionary taxes. The paper uses an applied general equilibrium (AGE) model for Belgium to determine the efficiency effects on the revenue-neutral introduction of the above three pricing instruments. Simulations with the model without externalities show that a weak double dividend is feasible, but that no strong double dividend can be obtained. Peak road pricing and a higher fuel tax are beneficial only if one takes into account their effect on the externalities.
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Availability:
- Find a library where document is available. Order URL: http://worldcat.org/isbn/1840647973
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Supplemental Notes:
- Originally published in: Journal of Transport Economics and Policy, 2000, 34 (2), May, 233-59.
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Corporate Authors:
William Pratt House, 9 Dewey Court
Northampton, MA United States 01060-3815 -
Authors:
- MAYERES, I
- Publication Date: 2003
Language
- English
Media Info
- Features: Appendices; References; Tables;
- Pagination: p. 621-647
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Serial:
- Classics in Transport Analysis
- Volume: 7
- Publisher: Edward Elgar Publishers
Subject/Index Terms
- TRT Terms: Air pollution; Economic impacts; Equilibrium (Economics); Fuel taxes; Peak periods; Road pricing; Subsidies; Traffic congestion; Traffic crashes; Transportation policy
- Geographic Terms: Belgium
- Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Policy;
Filing Info
- Accession Number: 00965652
- Record Type: Publication
- ISBN: 1840647973
- Files: TRIS
- Created Date: Nov 6 2003 12:00AM