Abstract

Using a nested multinomial logit model of car ownership and personal travel in Beijing circa 2005, this paper compares the effectiveness of different policy instruments to reduce traffic congestion and CO2 emissions. The study shows that a congestion toll is more efficient than a fuel tax in reducing traffic congestion, whereas a fuel tax is more effective as a policy instrument for reducing gasoline consumption and emissions. An improvement in car efficiency would also reduce congestion, fuel consumption, and CO2 emissions significantly; however, this policy benefits only richer households that own a car. Low-income households do better under the fuel tax policy than under the efficiency improvement and congestion toll policies. The congestion toll and fuel tax require the travel cost per mile to more than triple. The responsiveness of aggregate fuel and CO2 are, approximately, a 1 percent drop for each 10 percent rise in the money cost of a car trip.


Original document

The different versions of the original document can be found in:

https://elibrary.worldbank.org/doi/pdf/10.1596/1813-9450-5068,
https://openknowledge.worldbank.org/handle/10986/4259,
https://ideas.repec.org/p/wbk/wbrwps/5068.html,
https://documents.albankaldawli.org/curated/ar/709841468018613834/An-analysis-of-various-policy-instruments-to-reduce-congestion-fuel-consumption-and-CO2-emissions-in-Beijing,
https://openknowledge.worldbank.org/bitstream/handle/10986/4259/WPS5068.pdf;sequence=1,
http://documents.vsemirnyjbank.org/curated/ru/709841468018613834/An-analysis-of-various-policy-instruments-to-reduce-congestion-fuel-consumption-and-CO2-emissions-in-Beijing,
https://www.scipedia.com/public/Anas_et_al_2009a,
https://papers.ssrn.com/sol3/Delivery.cfm/5068.pdf?abstractid=1484553&mirid=5&type=2,
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/10/06/000158349_20091006110044/Rendered/PDF/WPS5068.pdf,
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1484553,
https://documents.shihang.org/curated/zh/709841468018613834/An-analysis-of-various-policy-instruments-to-reduce-congestion-fuel-consumption-and-CO2-emissions-in-Beijing,
https://econpapers.repec.org/RePEc:wbk:wbrwps:5068,
https://academic.microsoft.com/#/detail/2127221784 under the license cc-by
Back to Top

Document information

Published on 01/01/2009

Volume 2009, 2009
DOI: 10.1596/1813-9450-5068
Licence: Other

Document Score

0

Views 0
Recommendations 0

Share this document

Keywords

claim authorship

Are you one of the authors of this document?