Urban Road Transportation Externalities : Costs and Choice of Policy Instruments
Urban transportation externalities are a key development challenge. Based on the existing literature, the authors illustrate the magnitudes of various external costs, review response policies, and measure and discuss their selection, particularly focusing on the context of developing countries. They...
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World Bank
2013
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| Online Access: | http://hdl.handle.net/10986/13506 |
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okr-10986-135062021-04-23T14:03:08Z Urban Road Transportation Externalities : Costs and Choice of Policy Instruments Timilsina, Govinda R. Dulal, Hari B. air bus bus fleet cars congestion externalities fuel fuel taxes goods vehicles greenhouse gas greenhouse gas emissions infrastructure investment local air pollution motor vehicles transportation urban road urban transportation vehicle vehicle ownership vehicle production Urban transportation externalities are a key development challenge. Based on the existing literature, the authors illustrate the magnitudes of various external costs, review response policies, and measure and discuss their selection, particularly focusing on the context of developing countries. They find that regulatory policy instruments aimed at reducing local air pollution have been introduced in most countries in the world. On the other hand, fiscal policy instruments aimed at reducing congestion or greenhouse gas emissions are limited mainly to industrialized economies. Although traditional fiscal instruments, such as fuel taxes and subsidies, are normally introduced for other purposes, they can also help to reduce externalities. Land-use or urban planning, and infrastructure investment, could also contribute to reducing externalities; but they are expensive and play a small role in already developed megacities. The main factors that influence the choice of policy instruments include economic efficiency, equity, country or city specific priority, and institutional capacity for implementation. Multiple policy options need to be used simultaneously to reduce effectively the different externalities arising from urban road transportation because most policy options are not mutually exclusive. 2013-05-21T20:16:54Z 2013-05-21T20:16:54Z 2011-07-02 Journal Article World Bank Research Observer 1564-6971 doi;10.1093/wbro/lkq005 http://hdl.handle.net/10986/13506 en_US World Bank Research Observer;26(1) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Journal Article |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
air bus bus fleet cars congestion externalities fuel fuel taxes goods vehicles greenhouse gas greenhouse gas emissions infrastructure investment local air pollution motor vehicles transportation urban road urban transportation vehicle vehicle ownership vehicle production |
| spellingShingle |
air bus bus fleet cars congestion externalities fuel fuel taxes goods vehicles greenhouse gas greenhouse gas emissions infrastructure investment local air pollution motor vehicles transportation urban road urban transportation vehicle vehicle ownership vehicle production Timilsina, Govinda R. Dulal, Hari B. Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| relation |
World Bank Research Observer;26(1) |
| description |
Urban transportation externalities are a key development challenge. Based on the existing literature, the authors illustrate the magnitudes of various external costs, review response policies, and measure and discuss their selection, particularly focusing on the context of developing countries. They find that regulatory policy instruments aimed at reducing local air pollution have been introduced in most countries in the world. On the other hand, fiscal policy instruments aimed at reducing congestion or greenhouse gas emissions are limited mainly to industrialized economies. Although traditional fiscal instruments, such as fuel taxes and subsidies, are normally introduced for other purposes, they can also help to reduce externalities. Land-use or urban planning, and infrastructure investment, could also contribute to reducing externalities; but they are expensive and play a small role in already developed megacities. The main factors that influence the choice of policy instruments include economic efficiency, equity, country or city specific priority, and institutional capacity for implementation. Multiple policy options need to be used simultaneously to reduce effectively the different externalities arising from urban road transportation because most policy options are not mutually exclusive. |
| format |
Journal Article |
| author |
Timilsina, Govinda R. Dulal, Hari B. |
| author_facet |
Timilsina, Govinda R. Dulal, Hari B. |
| author_sort |
Timilsina, Govinda R. |
| title |
Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| title_short |
Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| title_full |
Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| title_fullStr |
Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| title_full_unstemmed |
Urban Road Transportation Externalities : Costs and Choice of Policy Instruments |
| title_sort |
urban road transportation externalities : costs and choice of policy instruments |
| publisher |
World Bank |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/13506 |
| _version_ |
1764423642805960704 |