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Accelerating Vehicle Replacement and Environmental Protection: the Case of Passenger Cars in Greece

N.C. Baltas and Anastasios Xepapadeas ()

DEOS Working Papers from Athens University of Economics and Business

Abstract: A model of optimal car replacement is developed and used to examine the impact of alternative policy measures on the optimal car replacement time and on total emissions of pollutants, when environment policy takes the form of: (i) reduced taxes on purchaso of "clean" cars, (ii) administrative measures to reduce car usage (traffic restrictions), and (iii) fuel taxes aimed at reducing car usage.

Keywords: ENVIRONMENT; AUTOMOBILES; AIR POLLUTION (search for similar items in EconPapers)
JEL-codes: L62 Q20 Q28 R40 (search for similar items in EconPapers)
Date: 1999
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Working Paper: Accelerating Vehicle Replacement and Environmental Protection: the Case of Passenger Cars in Greece (1999)
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