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Automobile Externalities and Policies

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Author Info

  • Parry, Ian W.H.

    () (Resources for the Future)

  • Walls, Margaret

    () (Resources for the Future)

  • Harrington, Winston

    () (Resources for the Future)

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 we summarize what appears to be the appropriate combination of policies to address automobile externalities.

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File URL: http://www.rff.org/RFF/documents/RFF-DP-06-26-REV.pdf
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Bibliographic Info

Paper provided by Resources For the Future in its series Discussion Papers with number dp-06-26.

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Date of creation: 19 Jan 2007
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Handle: RePEc:rff:dpaper:dp-06-26

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Keywords: pollution; congestion; accidents; fuel tax; fuel economy standard; congestion pricing;

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References

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  1. Arnott Richard & Kraus Marvin, 1995. "Financing Capacity in the Bottleneck Model," Journal of Urban Economics, Elsevier, vol. 38(3), pages 272-290, November.
  2. Austin, David & Dinan, Terry, 2005. "Clearing the air: The costs and consequences of higher CAFE standards and increased gasoline taxes," Journal of Environmental Economics and Management, Elsevier, vol. 50(3), pages 562-582, November.
  3. Nathan S. Balke & Stephen P. A. Brown & Mine Yücel, 1999. "Oil price shocks and the U.S. economy: where does the asymmetry originate?," Working Papers 99-11, Federal Reserve Bank of Dallas.
  4. Gary S. Becker & Casey B. Mulligan, 1998. "Deadweight Costs and the Size of Government," University of Chicago - George G. Stigler Center for Study of Economy and State 144, Chicago - Center for Study of Economy and State.
  5. Richard Arnott & Marvin Kraus, 2003. "Transport Economics," Boston College Working Papers in Economics 553, Boston College Department of Economics.
  6. Richard Arnott & Andre de Palma & Robin Lindsey, 1993. "The Welfare Effects Of Congestion Tolls With Heterogeneous Commuters," Boston College Working Papers in Economics 231, Boston College Department of Economics.
  7. Arnott, Richard & de Palma, Andre & Lindsey, Robin, 1993. "A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand," American Economic Review, American Economic Association, vol. 83(1), pages 161-79, March.
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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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  1. Studies on the automobile industry

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