TOTAL COST OF MOTOR-VEHICLE USE
Many people consider only money spent on cars, maintenance, repair, fuel, lubricants, tires, parts, insurance, parking, tolls, registration, and fees. But motor vehicles cost society much more than what drivers spend on explicitly priced goods and services. Beyond monetary public- and private-sector expenditures are the nonmonetary costs of motor-vehicle use -- costs that aren't valued in dollars in normal market transactions. These include air pollution, personal injury damages from accidents, and travel time. Some of these nonmonetary costs, such as pollution, are externalities, that is, they affect people other than the driver. The all-inclusive economic cost to society of using motor vehicles is the sum of all costs mentioned above: explicitly priced private-sector costs, bundled private-sector costs, public-sector costs, external costs, and personal nonmonetary costs.
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Corporate Authors:
University of California Transportation Center (UCTC)
University of California, Berkeley
2614 Dwight Way, 2nd Floor
Berkeley, CA United States 94720-1782 -
Authors:
- Delucchi, M A
- Publication Date: 1996
Language
- English
Media Info
- Features: References;
- Pagination: p. 7-13
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Serial:
- Access
- Issue Number: 8
- Publisher: University of California Transportation Center (UCTC)
Subject/Index Terms
- TRT Terms: Automobile travel; Economic factors; Economics; Governments; Motor vehicles; Operating costs; Private enterprise; Transportation
- Subject Areas: Economics; Society; Transportation (General); Vehicles and Equipment; I96: Vehicle Operating Costs;
Filing Info
- Accession Number: 00721826
- Record Type: Publication
- Files: TRIS
- Created Date: May 31 1996 12:00AM