Template-Type: ReDIF-Article 1.0
Author-Name:  J. Daniel Khazzoom
Title:  Impact of Pay-at-the-Pump on Safety Through Enhanced Vehicle Fuel Efficiency
Classification-JEL: F0
Pages:  103-133
Volume:  Volume18
Issue:  Number 3
Year:  1997
Abstract:  Pay-at-the-Pump (PATP) is a proposal for replacing the lump-sum payment of auto insurance by a system of surcharge on gasoline price. This study examines the main argument made against PATP-namely, that by stimulating the demand for fuel-efficient vehicles, PATP results in a drastic deterioration in highway safety. The study finds the evidence does not support this argument. Moreover, if as critics argue, PATP does indeed result in a substantially accelerated replacement of older vehicles with more fuel-efficient ones, the introduction of PATP may be expected to result in a substantially safer fleet of vehicles, as well.
Handle: RePEc:aen:journl:1997v18-03-a05
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1256
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