Ownership and use taxes as congestion correcting instruments:

This paper develops a simple general equilibrium model, involving trips from residential areas to a central business district, along with modal choice between cars and public transit. The authors find that ownership taxes only partially internalize congestion externalities.

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Bibliographic Details
Main Authors: Chia, Ngee-Choon 1959- (Author), Tsui, Albert K. 1953- (Author), Whalley, John 1947- (Author)
Format: Book
Language:English
Published: Cambridge, Mass. National Bureau of Economic Research 2001
Series:National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 8278
Subjects:
Online Access:Volltext
Summary:This paper develops a simple general equilibrium model, involving trips from residential areas to a central business district, along with modal choice between cars and public transit. The authors find that ownership taxes only partially internalize congestion externalities.
Physical Description:20 S.

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