Abstract

http://ssrn.com/abstract=927794
 
 

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Automobile Externalities and Policies


Ian W. H. Parry


Resources for the Future

Margaret Walls


Resources for the Future - Quality of the Environment Division

Winston Harrington


Resources for the Future

January 1, 2007

RFF Discussion Paper No. 06-26

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.

Number of Pages in PDF File: 40

Keywords: pollution, congestion, accidents, fuel tax, fuel-economy standard, congestion pricing

JEL Classification: Q54, R48, H23

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Date posted: September 4, 2006 ; Last revised: November 10, 2008

Suggested Citation

Parry, Ian W. H. and Walls, Margaret and Harrington, Winston, Automobile Externalities and Policies (January 1, 2007). RFF Discussion Paper No. 06-26. Available at SSRN: http://ssrn.com/abstract=927794 or http://dx.doi.org/10.2139/ssrn.927794

Contact Information

Ian W. H. Parry (Contact Author)
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
202-328-5151 (Phone)
202-939-3460 (Fax)
HOME PAGE: http://www.rff.org/~parry
Margaret Walls
Resources for the Future - Quality of the Environment Division ( email )
1616 P Street, NW
Washington, DC 20036
United States
Winston Harrington
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
(202) 328-5112 (Phone)
(202) 939-3460 (Fax)
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References:  140
Citations:  26

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