Title: The efficiency effects of transport policies in the presence of externalities and distortionary taxes
Authors: Mayeres, Inge # ×
Issue Date: May-2000
Publisher: Univ bath
Series Title: Journal of transport economics and policy vol:34 pages:233-259
Abstract: This paper uses an applied general equilibrium model for Belgium to study the marginal efficiency effects of the revenue-neutral introduction of three transport instruments, when the government is using distortionary taxes for revenue-raising purposes. The three transport instruments are: peak road pricing; higher fuel taxes; and higher subsidies to public transport. The revenue-preserving instruments include lump sum transfers, a tax on labour income, and other transport instruments. The evaluation takes into account the impact of the policy reforms on three transport externalities: congestion; air pollution; and accidents. The feedback effect of congestion on the behaviour of economic agents is modelled explicitly.
ISSN: 0022-5258
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Department of Economics, Leuven - miscellaneous
× corresponding author
# (joint) last author

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