Economics of car use

Compared to other popular modes of passenger transportation, the car has a relatively high cost per person-distance traveled.[1] The income elasticity for cars ranges from very elastic in poor countries, to inelastic in rich nations. [2] The advantages of car usage include on-demand and door-to-door travel, and are not easily substituted by cheaper alternative modes of transport, with the present level and type of auto specific infrastructure in the countries with high auto usage.

Public costs related to the car are several including congestion and effects related to emissions.

  1. ^ Diesendorf, Mark. "The Effect of Land Costs on the Economics of Urban Transportation Systems" (PDF). Proceedings of Third International Conference on Traffic and Transportation Studies (ICTTS2002). pp. 1422–1429. Archived from the original (PDF) on 2008-07-19. Retrieved 2008-04-15.
  2. ^ Dargay, Joyce; Dermot Gately (1998-12-21). "Income's effect on car and vehicle ownership, worldwide: 1960–2015". Transportation Research Part A: Policy and Practice. 33 (2). Elsevier Science: 101–138. doi:10.1016/S0965-8564(98)00026-3.