Quotation Adler, Martin, Peer, Stefanie, Sinozic, Tanja. 2019. Autonomous, connected, electric shared vehicles (ACES) and public finance: An explorative analysis. Transportation Research Interdisciplinary Perspectives.


RIS


BibTeX

Abstract

This paper discusses the implications of autonomous-connected-electric-shared vehicles (ACES) for public finance, which have so far been widely ignored in the literature. In OECD countries, 5–12% of federal and up to 30% of local tax revenues are currently collected from fuel and vehicle taxation. The diffusion of ACES will significantly reduce these important sources of government revenues and affect transport-related government expenditures, unless additional policies are introduced to align the new technological context with the tax revenue requirements. We argue that the realization of socioeconomic benefits of ACES depends on the implementation of tailored public finance policies, which can take advantage of the increase in data availability from the further digitalization of transportation systems. In particular, the introduction of road tolls in line with ‘user pays’ and ‘polluter pays’ principles will become more feasible for policy. Moreover, innovation in taxation schemes to fit the changing technological circumstances may alter the relative importance of levels of governance in transport policy making, likely shifting power towards local, in particular urban, governmental levels. We finally argue that, given the risk of path-dependencies and lock-in to sub-optimal public finance regimes if policies are implemented late, further research and near-term policy actions taken during the diffusion process of ACES are required.

Tags

Press 'enter' for creating the tag

Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Transportation Research Interdisciplinary Perspectives
Starjournal N
Language English
Title Autonomous, connected, electric shared vehicles (ACES) and public finance: An explorative analysis
Year 2019
Reviewed? Y
URL https://www.sciencedirect.com/science/article/pii/S2590198219300387
DOI https://doi.org/10.1016/j.trip.2019.100038
Open Access Y
JEL R40 R50 H21 H23 H54 H71 O18 O33

Associations

People
Peer, Stefanie (Details)
External
Adler, Martin (VU Amsterdam, Netherlands)
Sinozic, Tanja (ITA, Austria)
Organization
Institute for Multi-Level Governance and Development IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
5332 Transport economics (Details)
5351 Public economy (Details)
5915 Economic geography (Details)
Google Scholar: Search