Article
The Vehicle Quota System in Singapore: An Assessment
Transportation Research Part A: Policy and Practice
Publication Type
Journal Article
Version
acceptedVersion
Publication Date
1-1994
Abstract
This paper reviews the developments since the vehicle quota system was introduced in Singapore in May 1990. We discuss the bidding strategies for the certificates of entitlement (COE) under both the transferable and nontransferable auctions, as well as the equity of the present system and the desirability of transferable COEs. We argue that the COE auction should be made discriminatory and propose an alternative system of COE auction that we feel is both equitable and at the same time politically acceptable. We also survey developments in market competition in the car industry.
Keywords
- car industry,
- certificate of entitlement,
- quota system,
- transport planning,
- vehicle quota
Discipline
Identifier
10.1016/0965-8564(94)90040-X
Publisher
Elsevier
Creative Commons License
Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International
Additional URL
https://doi.org/10.1016/0965-8564(94)90040-X
Citation Information
Winston T. H. KOH and David K. C. LEE. "The Vehicle Quota System in Singapore: An Assessment" Transportation Research Part A: Policy and Practice Vol. 28 Iss. 1 (1994) p. 31 - 47 ISSN: 0965-8564 Available at: http://works.bepress.com/kuochuendavid_lee/48/