• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Transportation >Singapore's Vehicle Quota System and its impact on motorcycles
【24h】

Singapore's Vehicle Quota System and its impact on motorcycles

机译：新加坡的车辆配额制度及其对摩托车的影响

获取原文
获取原文并翻译 | 示例
       
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

Singapore's Vehicle Quota System, implemented in 1990, uses uniform-price auctions to allocate Certificates of Entitlement (COE) or registration rights in five categories presently. Four of these are restricted to small and big cars, commercial vehicles and motorcycles. The fifth one is unrestricted as it allows successful bidders to register a vehicle in any restricted category of their choice. Owners are incentivised via another policy to deregister their vehicle by the tenth year expiry of the COE instead of revalidating it. Each deregistration results in a new COE. Currently, 10% of the COEs from each restricted category is channelled to the unrestricted category. However, hardly any of the expensive COEs in the unrestricted category has been used to register motorcycles. The sharp decline in the number of motorcycle COEs since 2014 has led to a surge in auction premiums at about twice the price of an entry-level motorcycle. The auction process before 2014 is shown to be exemplary with the COE premium driven by its inertia and a host of exogenous factors. After 2014 however, it appears to be unresponsive to the historically low quota levels. This undesirable auction trait needs to be remedied by a reformulation of the COE quota in order to help those most in need of a motorcycle to earn a living. Measures announced in the February 2017 Singapore Budget trudge in that direction.
机译：新加坡的车辆配额制度于1990年实施，目前使用统一价格拍卖在五个类别中分配权利证书（COE）或注册权。其中有四个仅限于小型和大型汽车，商用车和摩托车。第五种不受限制，因为它允许中标者在其选择的任何限制类别中注册车辆。通过另一项政策来激励车主，以在COE十年期满之前注销其车辆，而不是对其进行重新验证。每次注销都会产生一个新的COE。当前，来自每个限制类别的COE的10％被引导到非限制类别。但是，在非限制类别中，几乎没有任何昂贵的COE用于注册摩托车。自2014年以来，摩托车COE数量急剧下降，导致拍卖溢价激增，约为入门级摩托车价格的两倍。事实证明，2014年之前的拍卖过程堪称典范，其COE溢价是由其惯性和许多外在因素驱动的。但是，2014年之后，它似乎对配额的历史低位没有反应。必须通过重新制定COE配额来纠正这种不良的拍卖特质，以帮助最需要摩托车的人谋生。 2017年2月新加坡预算中宣布的措施将朝着这一方向努力。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号