Ownership and use taxes as congestion correcting instruments
By: Ngee-Choon Chia, Albert K.C. Tsui, John Whalley.
Contributors: Tsui, Albert K. C.; Whalley, John.; National Bureau of Economic Research.
Series: NBER working paper series -- no. 8278; Working paper series (National Bureau of Economic Research) -- working paper no. 8278.
Publisher: National Bureau of Economic Research
Published: 2001
Place of publication: Cambridge, MA
Language: eng
Number of pages: 20
Subjects: Traffic congestion.; Transportation, Automotive -- Taxation.; Transportation, Automotive -- Taxation -- Singapore.; Automobile ownership -- Taxation.
Description: 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.
Notes: "May 2001."

Includes bibliographical references (p. 19-20).

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