Assessing the national 55 m.p.h. speed limit

Published

Journal Article

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. © 1978 Elsevier Scientific Publishing Company.

Full Text

Duke Authors

Cited Authors

  • Clotfelter, CT; Hahn, JC

Published Date

  • June 1, 1978

Published In

Volume / Issue

  • 9 / 3

Start / End Page

  • 281 - 294

Electronic International Standard Serial Number (EISSN)

  • 1573-0891

International Standard Serial Number (ISSN)

  • 0032-2687

Digital Object Identifier (DOI)

  • 10.1007/BF00136831

Citation Source

  • Scopus