Motor Vehicle Taxes as an Environmental Management Instrument: The Case of Singapore

Being geographically small, land scarcity poses a potential constraint for economic growth in Singapore. Restraining car ownership and car use through motor vehicle taxes is part of the land-transport policy to ensure smoother traffic flow. This paper analyses the use of motor vehicle taxes in Singa...

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Bibliographic Details
Main Authors: CHIA, Ngee-Choon, PHANG, Sock Yong
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2001
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1515
https://ink.library.smu.edu.sg/context/soe_research/article/2514/viewcontent/MotorVehicleTaxesEnvironmentalMgt_2001.pdf
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Institution: Singapore Management University
Language: English
Description
Summary:Being geographically small, land scarcity poses a potential constraint for economic growth in Singapore. Restraining car ownership and car use through motor vehicle taxes is part of the land-transport policy to ensure smoother traffic flow. This paper analyses the use of motor vehicle taxes in Singapore as an environmental management instrument. It evaluates the effectiveness of ownership and use taxes as instruments to internalise congestion and environment externality. Economic issues relating to the use of such taxes are also highlighted. It concludes that motor vehicle taxes offer Singapore a double dividend.