Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund.
IMF Institute.
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ISBN: | 1282011987 9781282011984 9781451900965 1451900961 1462391265 9781462391264 1451996497 9781451996494 9786613795939 6613795933
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Notes: | Cover title. "September 2001"--Page 1 Includes bibliographical references (page 29). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | 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.
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Other form: | Print version: Tan, Ling Hui. Rationing rules and outcomes. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2001
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Standard no.: | 10.5089/9781451900965.001
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