This paper investigates the effects on traffic safety and the associated economic savings of the introduction of RITEVE, the Periodical Technical Inspections (PTI) in Costa Rica. Since there were no national estimates for the costs of crashes in Costa Rica available, this study derives and...

Is a minimum regulation efficient or not? This general question of the paper is answered by empirical evidence using cost-benefit analyses. The period technical inspection in the European Union is regulated by a minimum regulation leading to 13 different practices of roadworthiness inspection of...

Main objective of the study is to find out the socio-economic benefits and costs resulting from a change of the inspection cycle of N1 vehicles (vehicles used for the carriage of goods and having a maximum mass not exceeding 3.5 tonnes) in Belgium. The current Periodic Technical Inspection (PTI)...

Urban public transport in Latin America has experienced public and private provision, as well as different types of market regulation, moving from almost total liberalization to intervention in fares, route allocation, bus size and service quality, exclusive road lanes, among others. This paper...

The effects of planning initiatives aimed at increasing bicycle use have been little studied in relation to decreased auto use, injuries and pollution. As most programs promote the idea that public investments in bicycle lanes, traffic calming engineering of streets and valuing bicycling as...

By the end of the 1990s, inefficiency, excess supply and low service quality characterized the mass transit system of Bogotá. The average travel time to work was one hour and ten minutes, obsolete buses provided public transport, traffic generated 70 percent of air pollution and there were...

Numerous regulatory reform proposals would require federal agencies to conduct more thorough economic analysis of proposed regulations or expand the resources and influence of the Office of Information and Regulatory Affairs (OIRA), which currently reviews executive branch regulations. Such...

The number of regulations and their economic impact continue to grow. Yet the quality and use of economic analysis to inform regulatory decisions falls far short of the standards enunciated in executive orders governing regulatory analysis and review. Both the president and Congress have...

This paper, written for a Conference on Cost-Benefit Analysis (CBA) of Financial Regulation held at the University of Chicago in October 2013, analyzes the institutional framework that has historically governed the CBA of financial regulation. Although U.S. financial regulators are often...

Since 1974, executive orders have required executive branch regulatory agencies to produce some form of economic analysis when promulgating significant regulations. However, both case study research and regulatory analysis “scorecards” find that the quality of regulatory analysis varies...