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Expected Effects of Autonomous Vehicles in Korea

+ Kyung-Hwan Kim

Abstract

This paper aims to examine the existing studies to extract the expected effects of the autonomous vehicle system and quantify its impact on transport and land use through a spatial impact simulation based on South Korean data. The paper starts with a review of the literature with a specific focus on the expected effects of autonomous vehicle on traffic safety, travel demand, roadway capacity, and land use. Secondly, the development stage towards complete autonomous driving is examined with the reviews on projected timeframe as well as optimistic and pessimistic views. The third section specifies the expected effects by applying an analysis to the existing transportation network and the land use pattern in South Korea. Finally, the paper concludes with suggestions for further studies.

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*This paper was written for the Marron Institute Conference on Self-Driving Vehicles, which took place on May 28 & 29, 2015 and was convened with support from Google.

Kim Kyung Hwan is Professor of Economics at Sogang University.

Photo courtesy of Julio Martínez

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