Transport, health and global warming: Deciding on the optimal policy
Transport generates many externalities, some related to atmospheric pollution. In this paper, we focus on two: greenhouse gases, and local pollution. In the search for optimal transport policies, these two externalities have usually been analysed separately. Here, we study them jointly, in a sequential decision-making model. Our model allows for the irreversibility of the policies undertaken, as well as the possibility of a progressive reduction of uncertainties with the arrival of information. We find that when both sources of externalities are analysed jointly, structural measures enabling private transport requirements to be reduced are identified as being more advantageous economically than technological measures to reduce emissions of pollutants. We illustrate the usefulness of a joint analysis of externalities with two examples: tax measures on cars and housing policy.
|Date of creation:||2009|
|Date of revision:|
|Publication status:||Published in Economie Internationale, 2009, pp.11-36|
|Note:||View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-00636837|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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.:
- Ryan, Lisa & Ferreira, Susana & Convery, Frank, 2009. "The impact of fiscal and other measures on new passenger car sales and CO2 emissions intensity: Evidence from Europe," Energy Economics, Elsevier, vol. 31(3), pages 365-374, May.
- Inge Mayeres & Stef Proost, 2000.
"Should diesel cars in Europe be discouraged?,"
Energy, Transport and Environment Working Papers Series
ete0005, KU Leuven, Department of Economics - Research Group Energy, Transport and Environment.
- Kenneth J. Arrow & Anthony C. Fisher, 1974. "Environmental Preservation, Uncertainty, and Irreversibility," The Quarterly Journal of Economics, Oxford University Press, vol. 88(2), pages 312-319.
- Keith Bartholomew, 2007. "Land use-transportation scenario planning: promise and reality," Transportation, Springer, vol. 34(4), pages 397-412, July.
- Henry, Claude, 1974. "Investment Decisions Under Uncertainty: The "Irreversibility Effect."," American Economic Review, American Economic Association, vol. 64(6), pages 1006-12, December.
When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:hal-00636837. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)
If references are entirely missing, you can add them using this form.