Abstract Over the years Singapore has introduced several fiscal measures aimed at restraining car ownership and usage and thus preventing traffic congestion. Two new methods have recently been added: the “Vehicle Quota System” which limits the number of new vehicles registered each month and the “Weekend Car Scheme” which allows cars to be registered for use during off-peak hours only, with substantial financial savings to the owners. The Vehicle Quota System involves monthly public tenders for “Certificates of Entitlement” needed to register new cars. Over the past 30 months the cost of COE's has been increasing and now constitutes between 12% and 27% of the on-the-road price of a new car. The fluctuations in the COE premiums for different vehicle categories are presented and analysed. The initial problems and the recent modifications made as a result of public pressure are also described. It seems that the increases in COE premiums are likely to continue under strong economic growth conditions as the demand for cars is more income-elastic than price-elastic.


    Zugriff

    Zugriff über TIB

    Verfügbarkeit in meiner Bibliothek prüfen

    Bestellung bei Subito €


    Exportieren, teilen und zitieren



    Titel :

    New methods of controlling vehicle ownership and usage in Singapore


    Beteiligte:

    Erschienen in:

    Transportation ; 20 , 4 ; 355-371


    Erscheinungsdatum :

    1993




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Print


    Sprache :

    Englisch



    Klassifikation :

    BKL:    55.80 Verkehrswesen, Transportwesen: Allgemeines / 74.75 Verkehrsplanung, Verkehrspolitik
    Lokalklassifikation TIB:    535/7000



    Dynamics of vehicle ownership in Singapore

    Xiang, Yunke | DSpace@MIT | 2014

    Freier Zugriff

    Vehicle ownership and usage charges

    Muthukrishnan, Subhashini | Online Contents | 2010


    Representing Accessibility: Evidence from Vehicle Ownership Choices and Property Valuations in Singapore

    He, He / Ponce-Lopez, Roberto / Shaw, Jingsi et al. | Transportation Research Record | 2019


    Car Ownership and Urban Transport demand in Singapore

    Li, M.Z.F. / Lau, D.C.B. / Seah, D.W.M. | British Library Online Contents | 2011


    Investigation of Heterogeneity in Vehicle Ownership and Usage for the Millennial Generation

    Lavieri, Patrícia S. / Garikapati, Venu M. / Bhat, Chandra R. et al. | Transportation Research Record | 2017