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Automobile Externalities and Policies

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Author Info
Ian W. H. Parry
Margaret Walls
Winston Harrington

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Abstract

This paper discusses the nature, and magnitude, of externalities associated with automobile use, including local and global pollution, oil dependence, traffic congestion and traffic accidents. It then discusses current federal policies affecting these externalities, including fuel taxes, fuel economy and emissions standards, and alternative fuel policies, summarizing, insofar as possible, the welfare effects of those policies. Finally, we discuss emerging pricing policies, including congestion tolls, and insurance reform, and summarize the appropriate combination of policies to address automobile externalities.

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Literature.

Volume (Year): 45 (2007)
Issue (Month): 2 (June)
Pages: 373-399
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Handle: RePEc:aea:jeclit:v:45:y:2007:i:2:p:373-399

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  1. Safirova, Elena A. & Houde, Sébastien & Harrington, Winston, 2008. "Marginal Social Cost Pricing on a Transportation Network: Comparison of Second-Best Policies," Discussion Papers dp-07-52, Resources For the Future. [Downloadable!]
  2. Marco Percoco, 2007. "Urban Transport Policies and the Environment: Evidence from Italy," Working Papers 2007.59, Fondazione Eni Enrico Mattei. [Downloadable!]
  3. Sofronis Clerides & Theodoros Zachariadis, . "Are standards Effective in Improving Automobile Fuel Economy?," University of Cyprus Working Papers in Economics 6-2006, University of Cyprus Department of Economics. [Downloadable!]
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This page was last updated on 2008-7-18.


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