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Motorcycles retirement program: Choosing the appropriate regulatory framework

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  • Tomohara, Akinori
  • Xue, Jian
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    Abstract

    This paper studies instrument choice under market-based regulations when governments expropriate private property in order to protect the environment. The analysis uses survey data collected for Bangkok's old motorcycle retirement program. While the literature studies only "Cash for Clunkers" schemes, this hypothetical experiment allows us to compare owners' preferences for alternative schemes. Policy implications of the proposed schemes can be inferred after examining owners' responses to different financial incentive provided by the government. Our analysis provides criteria that could be used when choosing one scheme over another.

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    File URL: http://www.sciencedirect.com/science/article/B6V82-4SCD9XS-1/2/896a9613b067b7883e87e8cd5cfa972f
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Policy Modeling.

    Volume (Year): 31 (2009)
    Issue (Month): 1 ()
    Pages: 126-129

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    Handle: RePEc:eee:jpolmo:v:31:y:2009:i:1:p:126-129

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    Web page: http://www.elsevier.com/locate/inca/505735

    Related research

    Keywords: Air pollution Pollution taxes/Subsidies Vehicle retirement;

    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Innes, Robert, 1996. "Regulating Automobile Pollution under Certainty, Competition, and Imperfect Information," Journal of Environmental Economics and Management, Elsevier, vol. 31(2), pages 219-239, September.
    2. Kling, Catherine L., 1994. "Emission Trading vs. Rigid Regulations in the Control of Vehicle Emissions," Staff General Research Papers 1597, Iowa State University, Department of Economics.
    3. Walls, Margaret & Hanson, Jean, 1999. "Distributional Aspects of an Environmental Tax Shift: The Case of Motor Vehicle Emissions Taxes," National Tax Journal, National Tax Association, vol. 52(n. 1), pages 53-65, March.
    4. Alberini, Anna & Harrington, Winston & McConnell, Virginia, 1996. "Estimating an Emissions Supply Function from Accelerated Vehicle Retirement Programs," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 251-65, May.
    5. Walls, Margaret & Hanson, Jean, 1996. "Distributional Impacts of an Environmental Tax Shift: The Case of Motor Vehicle Emissions Taxes," Discussion Papers dp-96-11, Resources For the Future.
    6. Anna Alberini & Winston Harrington & Virginia McConnell, 1995. "Determinants of Participation in Accelerated Vehicle-Retirement Programs," RAND Journal of Economics, The RAND Corporation, vol. 26(1), pages 93-112, Spring.
    7. Gruenspecht, Howard K, 1982. "Differentiated Regulation: The Case of Auto Emissions Standards," American Economic Review, American Economic Association, vol. 72(2), pages 328-31, May.
    8. Greene, David L, 1991. "Short-run Pricing Strategies to Increase Corporate Average Fuel Economy," Economic Inquiry, Western Economic Association International, vol. 29(1), pages 101-14, January.
    9. Blair, Roger D & Kaserman, David L & Tepel, Richard C, 1984. "The Impact of Improved Mileage on Gasoline Consumption," Economic Inquiry, Western Economic Association International, vol. 22(2), pages 209-17, April.
    10. Kwoka, John E, Jr, 1983. "The Limits of Market-Oriented Regulatory Techniques: The Case of Automotive Fuel Economy," The Quarterly Journal of Economics, MIT Press, vol. 98(4), pages 695-704, November.
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    Cited by:
    1. Lorentziadis, Panos L. & Vournas, Stylianos G., 2011. "A quantitative model of accelerated vehicle-retirement induced by subsidy," European Journal of Operational Research, Elsevier, vol. 211(3), pages 623-629, June.

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