This US survey examines: A tolling program for New York City is out for public consultation with proposed charges on vehicles entering the central business district of Manhattan summarized here: https://new.mta.info/document/129191 (a) The proposed tolls on vehicles entering the central business district of Manhattan are likely to lead to a substantial reduction in traffic congestion in the targeted area; (b) The proposed tolls on vehicles entering Manhattan are likely to lead to a substantial increase in traffic congestion just outside the central business district, above 60th Street, in the outer boroughs and New Jersey
Keyword: automobile industry
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This European survey examines (a) Without government intervention, take-up of electric vehicles will be substantially less than is desirable to reduce carbon emissions; (b) To encourage greater take-up of electric vehicles, public expenditure on infrastructure to support them (such as charging stations) is likely to be more cost-effective than providing equivalent amounts as tax credits/purchase rebates for buyers
This week’s IGM European Economic Experts Panel statement:
Over the next decade, autonomous cars will raise average welfare in the EU by at least as much as smartphones have over the past decade.
This week's IGM Economic Experts Panel statement:
Over the next decade, autonomous cars will raise average welfare in the US by at least as much as smartphones have over the past decade.
This week's IGM Economic Experts Panel statement:
A US city hosting a big convention will enjoy a higher boost to incremental spending — holding the number of visitors and their average incomes fixed — if those visitors are auto dealers rather than economists.
This week’s IGM Economic Experts Panel statements:
A: Taking into account all of the economic consequences — including the incentives of banks to ensure their own liquidity and solvency in the future — the benefits of bailing out U.S. banks in 2008 will end up exceeding the costs.
B: Because GM and Chrysler were bailed out in 2008-09, the U.S. unemployment rate was lower at the end of 2010 than it would it have been if Congress and the executive branch had not intervened.
C: Taking into account all of the economic consequences — including effects on corporate managers' incentives and on creditors' expectations of how their claims will be treated in future bankruptcies — the benefits of bailing out GM and Chrysler will end up exceeding the costs.
This week's IGM Economic Experts Panel poll statement:
A tax on the carbon content of fuels would be a less expensive way to reduce carbon-dioxide emissions than would a collection of policies such as “corporate average fuel economy” requirements for automobiles.
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