Inferring price elasticities of car use and moral costs of driving without a licence [An article from: Transportation Research Part A]

This digital document is a journal article from Transportation Research Part A, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
The article develops a model which makes it possible to infer drivers' perceived extra costs per km of driving without a license and the moral costs of doing so. Furthermore, it gives estimates of the ratios between responses to car license suspension in different time perspectives. The calculations are carried out using data over car holders' willingness to pay for not losing their driving license for 12months and 24months, their yearly driving distance and variable car usage costs. The elasticity ratios estimated here are compared with previous studies of short-term and long-term elasticities of car usage with respect to car usage costs.