Assessing the national 55 m.p.h. speed limit
Purchase on Springer.com
$39.95 / €34.95 / £29.95*
Rent the article at a discountRent now
* Final gross prices may vary according to local VAT.
This paper evaluates the desirability of the new national speed limit using tools of normative and positive economic analysis. The theoretical case for a speed limit is analyzed, and it is concluded that externalities in driving may justify the use of a speed limit, among other policies. The principal costs and benefits of the present speed limit are then discussed, and available data are used in order to suggest the reasonable orders of magnitude of costs and benefits. A number of conceptual and empirical limitations of the analysis are emphasized. Finally, several alternatives to the national speed limit are noted.
- Assessing the national 55 m.p.h. speed limit
Volume 9, Issue 3 , pp 281-294
- Cover Date
- Print ISSN
- Online ISSN
- Kluwer Academic Publishers
- Additional Links