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- W856073683 abstract "This paper studies impacts of fiscal measures on atmospheric pollution in Czech cities. Its purpose is to simulate impacts of selected policy measures on modal split, on external effects of air pollution, and on public-finance aspects of regulation such as financial stability of public transport agencies and tax distortions. The authors formulate and estimate a microeconomic model of transport behavior of households and public transport agencies. The model is calibrated and simulated for selected cities in the Czech Republic. Unlike many similar studies, the paper explicitly deals with uncertainty in estimation of key structural parameters, therefore results can be compared not only on the usual `certainly-equivalence' basis, but risk-sensitive measures can be derived too. Model simulations suggest that the increase in the excise tax on fuels seems to be the best option to regulate air pollution externalities. In cities, where operation costs of public transport are significantly subsidized, this tool should be accompanied with a fare increase as well, because of the costs of public funds. A decrease in fares is not likely to be welfare improving because of small induced modal split and high requirements of public funds needed to cover such policy." @default.
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- W856073683 date "2007-01-01" @default.
- W856073683 modified "2023-09-23" @default.
- W856073683 title "Evaluation of Transport External-Cost Regulation of Atmospheric Pollution in CzechCities" @default.
- W856073683 hasPublicationYear "2007" @default.
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