Rationing rules and outcomes : the experience of Singapore's vehicle quota system /
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Author / Creator: | Tan, Ling Hui. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, IMF Institute, ©2001. |
Description: | 1 online resource (29 pages) : illustrations |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/01/136 IMF working paper ; WP/01/136. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12497094 |
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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Item Description: | Cover title. "September 2001"--Page 1 |
Physical Description: | 1 online resource (29 pages) : illustrations |
Format: | 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. |
Bibliography: | Includes bibliographical references (page 29). |
ISBN: | 1282011987 9781282011984 9781451900965 1451900961 1462391265 9781462391264 1451996497 9781451996494 9786613795939 6613795933 |
ISSN: | 2227-8885 ; |