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Automobile Externalities and Policies

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  • Ian W. H. Parry
  • Margaret Walls
  • Winston Harrington

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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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jel.45.2.373
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Bibliographic 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

Note: DOI: 10.1257/jel.45.2.373
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References

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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Towards Gasoline Market Efficiency
    by Michael Enriquez in Aplia Econ Blog on 2009-10-07 23:56:00
  2. Poniéndonos la venda antes que la herida: Peajes a las Autovías
    by Gerard Llobet in Nada Es Gratis on 2012-06-15 06:00:57
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