Inferring price elasticities of car use and moral costs of driving without a licence

Finn Jørgensen and Joyce Dargay

Transportation Research Part A: Policy and Practice, 2007, vol. 41, issue 1, 49-55

Abstract: 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 12Â months and 24Â months, 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.

Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0965-8564(06)00061-9
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transa:v:41:y:2007:i:1:p:49-55

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Transportation Research Part A: Policy and Practice is currently edited by John (J.M.) Rose

More articles in Transportation Research Part A: Policy and Practice from Elsevier
Bibliographic data for series maintained by Catherine Liu ().