Abstract The non-exclusiveness to certain extent of transport resources particularly represented by urban road resources tends to result in a market failure and bring about an excessive travel of sedan cars. If the subsequent huge external cost of congestion, safety, pollution and other areas is not directly paid by car users but jointly borne by the entire society, this will distort rational allocation of social resources and further stimulate to a big extent the pursue of sedan cars and waste of resources. As an important measure of the demand management policy, the congestion charge policy can effectively regulate the cost to use sedan cars and help government administration authorities correct the distorted resource allocation mode and establish a more efficient and fairer transport system. The implementation of the congestion charge, which is a typical economic measure regulating the use of sedan cars, and the refinement of related supporting measures will demand explicit legal support.
Implementation of Congestion Charge Policy in China: Legal Analysis and Security Research
2018-09-16
10 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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