About this book
This volume includes many of the most influential and interesting academic articles related to the economics of mobile source pollution control. The papers included explore why vehicles and vehicle markets are unique, provide estimates of the type and magnitude of the social costs of driving and examine estimation methods and estimates of the various elasticities of vehicle demand. Analysis of the social costs and policies to reduce both traditional air pollutants and greenhouse gas emissions are included. Selected articles review the range of evaluation of both regulatory and market-based approaches to controlling emissions. The complexity of the effects of different policies are emphasized and the unintended consequences of regulation are explored in the context of vehicle emissions reduction policies.
Introduction: Ownership, Use and Social Costs: On the costs of air pollution from motor vehicles, K.A. Small and C. Kazimi; Does Britain or the United States have the right gasoline tax?, I.W.H. Parry and K.A. Small; Income's effect on car and vehicle ownership worldwide; 1960-2015, J. Dargay and D. Gately; Factoring the environmental Kuznets curve: evidence from automotive lead emissions, F.G.H. Hilton and A. Levinson. Theory and Methods: Can taxes on cars and on gasoline mimic an unavailable tax on emissions?, D. Fullerton and S. West; joint mixed logit models of stated and revealed preferences for alternative-fuelled vehicles, D. Brownstone, D.S. Bunch et al.; The limits of market-oriented regulatory techniques: the case of automotive fuel economy, J.E. Kwoka Jr. Regulation: Air Pollution Regulations: Fuel economy and motor vehicle emissions, W. Harrington; The nonpecuniary costs of automobile emissions standards, T.F. Bresnahan and D.A. Yao. CAFE Standards: CAFE or price? An analysis of the effects of federal fuel economy regulations and gasoline price on new car mpg, 1978-89, D.L. Greene; Clearing the air: the costs and consequences of higher CAFE standards and increased gasoline taxes, David Austin and Terry Dinan. I/M Policies: An empirical examination of moral hazard in the vehicle inspection market, T.N. Hubbard; Are vehicle emission inspection programs living up to expectations? Unanticipated effects of regulation, W.V. Harrington McConnell et al.; Differentiated regulation: the case of auto emissions standards, H.K. Gruenspecht; Rationing can backfire: the 'day without a car' in Mexico City, G.S. Eskeland and T. Feyzioglu; Fuel economy standards, new vehicle sales and average fuel efficiency, S.G. Thorpe; Fuel economy rebound effect for US household vehicles, D.L. Greene, J.R. Kahn et al.; An analysis of alternative fuel credit provisions of US automotive fuel economy standards, J. Rubin and P. Leiby. Economic Instrument: Vehicle Taxes: Feebates, rebates and gas-guzzler taxes: a study of incentives for increased fuel economy, D.L. Greene, P.D. Paterson et al.; Distributional aspects of an environmental tax shift: the case of motor vehicle emissions taxes, M. Walls and J. Hanson. Scrap Policies: Estimating an emissions supply function from accelerated vehicle retirement programs, A. Alberini, W. Harrington et al. Permits: An emission saved is an emission earned: an empirical study of emission banking for light-duty vehicle manufacturers, J. Rubin and C. Kling; Policy-induced technology adoption: evidence from the US lead phasedown, S. Kerr and R.G. Newell. Combined Policies: The welfare impacts of alternative policies to address atmospheric pollution in urban road transport, S. Proost and K. van Dender; A presumptive pigovian tax: complementing regulation to mimic an emissions fee, G.S. Eskeland; Index.
Winston Harrington is a Senior Fellow in the Quality of the Environment Division, Resources for the Future Inc, USA. Virginia McConnell is Professor of Economics at the University of Maryland-Baltimore County, and is also a Senior Fellow in the Quality of the Environment Division, Resources for the Future Inc, USA.