Evaluating the Environmental Components of Automobile Pricing Schemes. Volume 3: Transport Policy
Anthony Perl, Jae-Dong Han
Abstract
Anthony Perl, Jae-Dong Han
Abstract
This paper assesses the economic literature on urban automotive pricing to determine whether pricing schemes designed to promote efficient road use would also be good for the environment. No empirical evidence is found to justify the claim that reducing traffic congestion will automatically improve the environment.
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This paper assesses the economic literature on urban automotive pricing to determine whether pricing schemes designed to promote efficient road use would also be good for the environment. No empirical evidence is found to justify the claim that reducing traffic congestion will automatically improve the environment.
Key concepts: Automotive industry, Road pricing, Singapore Area Licensing Scheme, Traffic congestion, Congestion pricing, Business, Externality, Empirical evidence