Intelligent transportation systems: An economic and environmental policy assessment
This paper discusses the congestion relief and environmental impacts expected of Intelligent Transportation Systems (ITS) based on a qualitative assessment of the incentives generated. It uses theoretical and empirical results from the literature to evaluate the private and externality impacts of Advanced Traveler Information Systems (ATIS), Automated Highway Systems (AHS) and Intelligent Transit Systems and discusses the appropriate role of the public sector in their development based on these impacts. It is argued that although ITS are intended to improve system efficiency, the technologies may, in fact, exacerbate the existing, economic inefficiencies in the surface transportation system and that policies to correct these inefficiencies become all the more crucial as we consider implementation of ITS. Several policies that target environmental externalities are discussed as possible complements to ITS.
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Volume (Year): 30 (1996)
Issue (Month): 1 (January)
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References listed on IDEAS
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- Washington, Simon P. & Guensler, Randall, 1994. "Carbon Monoxide Impacts of Automatic Vehicle Identification Applied to Electronic Vehicle Tolling," University of California Transportation Center, Working Papers qt92v0436v, University of California Transportation Center.
- Kenneth Train, 1980. "A Structured Logit Model of Auto Ownership and Mode Choice," Review of Economic Studies, Oxford University Press, vol. 47(2), pages 357-370.
- Baumol,William J. & Oates,Wallace E., 1988.
"The Theory of Environmental Policy,"
Cambridge University Press, number 9780521322249.
- Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521311120, February.
- Shladover, Steven E., 1993. "Potential contributions of intelligent vehicle/ highway systems (IVHS) to reducing transportation's greenhouse gas production," Transportation Research Part A: Policy and Practice, Elsevier, vol. 27(3), pages 207-216, May. Full references (including those not matched with items on IDEAS)