Since 1990, Singapore has sought to control motor vehicle ownership by means of an auction quota system, whereby prospective vehicle buyers need to obtain a quota license before they can make their purchase. This paper assesses the success of the vehicle quota system in meeting its objectives of stability in motor vehicle growth, flexibility in the motor vehicle mix, and equity among motor vehicle buyers. Two important implementation issues-quota subcategorization and license transferability-are highlighted, and policy lessons are drawn for the design of auction quotas in general
Rationing Rules and Outcomes : The Experience of Singapore's Vehicle Quota System
IMF Working Papers ; Working Paper No. 01/136
IMF working papers ; Working Paper No. 01/136
2001
Online-Ressource (30 p)
Book
Electronic Resource
English
Tax incidence , Personal Income and Other Nonbusiness Taxes and Subsidies , General Financial Markets: General (includes Measurement and Data) , Demographic Trends, Macroeconomic Effects, and Forecasts , Taxes , Population and demographics , Taxation , Taxation, Subsidies, and Revenue: General , Population & migration geography , Demographic Economics: General , Transaction tax , Population & demography , Tax policy , Public finance & taxation , Financial instruments , Demography , Licensing , Tax administration and procedure , Singapore , Auctions , Transportation Systems: Government Pricing , Rationing , Regulatory Policies , Population growth , Arbitrage , Commodities , Population , Investments: Commodities , Investment & securities
Singapore’s Vehicle Quota System and its impact on motorcycles
Online Contents | 2017
|Singapore’s Vehicle Quota System and its impact on motorcycles
Online Contents | 2017
|Mitigating supply and price volatilities in Singapore’s vehicle quota system
Online Contents | 2014
|Allocation flexibility and price efficiency within Singapore’s Vehicle Quota System
Online Contents | 2012
|Mitigating supply and price volatilities in Singapore’s vehicle quota system
Online Contents | 2014
|