Free-ridership in subsidies for company- and private electric vehicles
Author
Abstract
Suggested Citation
DOI: 10.1016/j.eneco.2024.107333
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Mark A. Andor & Andreas Gerster & Kenneth T. Gillingham & Marco Horvath, 2020. "Running a car costs much more than people think — stalling the uptake of green travel," Nature, Nature, vol. 580(7804), pages 453-455, April.
- Xing, Jianwei & Leard, Benjamin & Li, Shanjun, 2021. "What does an electric vehicle replace?," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
- Shanjun Li & Lang Tong & Jianwei Xing & Yiyi Zhou, 2017. "The Market for Electric Vehicles: Indirect Network Effects and Policy Design," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(1), pages 89-133.
- Sheldon, Tamara L. & Dua, Rubal & Alharbi, Omar Abdullah, 2023. "Electric vehicle subsidies: Time to accelerate or pump the brakes?," Energy Economics, Elsevier, vol. 120(C).
- Jacquelyn Pless & Arthur A. van Benthem, 2019.
"Pass-Through as a Test for Market Power: An Application to Solar Subsidies,"
American Economic Journal: Applied Economics, American Economic Association, vol. 11(4), pages 367-401, October.
- Jacquelyn Pless & Arthur A. van Benthem, 2017. "Pass-Through as a Test for Market Power: An Application to Solar Subsidies," NBER Working Papers 23260, National Bureau of Economic Research, Inc.
- van Benthem, Arthur & Pless, Jacquelyn, 2017. "Pass-Through as a Test for Market Power: An Application to Solar Subsidies," CEPR Discussion Papers 11908, C.E.P.R. Discussion Papers.
- Jacquelyn Pless & Arthur A. van Benthem, 2018. "Pass-Through as a Test for Market Power: An Application to Solar Subsidies," OxCarre Working Papers 212, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Goldberg, Pinelopi Koujianou, 1995. "Product Differentiation and Oligopoly in International Markets: The Case of the U.S. Automobile Industry," Econometrica, Econometric Society, vol. 63(4), pages 891-951, July.
- Clinton, Bentley C. & Steinberg, Daniel C., 2019. "Providing the Spark: Impact of financial incentives on battery electric vehicle adoption," Journal of Environmental Economics and Management, Elsevier, vol. 98(C).
- Donald S. Kenkel, 2005. "Are Alcohol Tax Hikes Fully Passed Through to Prices? Evidence from Alaska," American Economic Review, American Economic Association, vol. 95(2), pages 273-277, May.
- Irem Guceri & Li Liu, 2019.
"Effectiveness of Fiscal Incentives for R&D: Quasi-experimental Evidence,"
American Economic Journal: Economic Policy, American Economic Association, vol. 11(1), pages 266-291, February.
- Irem Guceri & Li Liu, 2015. "Effectiveness of fiscal incentives for R&D: quasi-experimental evidence," Working Papers 1512, Oxford University Centre for Business Taxation.
- Irem Guceri & Ms. Li Liu, 2017. "Effectiveness of Fiscal Incentives for R&D: Quasi-Experimental Evidence," IMF Working Papers 2017/084, International Monetary Fund.
- Christos Genakos & Mario Pagliero, 2022.
"Competition and Pass-Through: Evidence from Isolated Markets,"
American Economic Journal: Applied Economics, American Economic Association, vol. 14(4), pages 35-57, October.
- Christos Genakos & Mario Pagliero, 2019. "Competition and pass-through: evidence from isolated markets," CEP Discussion Papers dp1638, Centre for Economic Performance, LSE.
- Genakos, Christos & Pagliero, Mario, 2019. "Competition and pass-through: evidence from isolated markets," LSE Research Online Documents on Economics 103397, London School of Economics and Political Science, LSE Library.
- Genakos, Christos & Pagliero, Mario, 2019. "Competition and Pass-Through: Evidence from Isolated Markets," CEPR Discussion Papers 13882, C.E.P.R. Discussion Papers.
- Todtenhaupt, Maximilian & Voget, Johannes & Feld, Lars P. & Ruf, Martin & Schreiber, Ulrich, 2020.
"Taxing away M&A: Capital gains taxation and acquisition activity,"
European Economic Review, Elsevier, vol. 128(C).
- Todtenhaupt, Maximilian & Voget, Johannes & Feld, Lars P. & Ruf, Martin & Schreiber, Ulrich, 2020. "Taxing away M&A: Capital gains taxation and acquisition activity," Munich Reprints in Economics 84733, University of Munich, Department of Economics.
- Santos Silva, J.M.C. & Tenreyro, Silvana, 2011.
"Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator,"
Economics Letters, Elsevier, vol. 112(2), pages 220-222, August.
- J. M. C. Santos Silva & Silvana Tenreyro, 2009. "Further Simulation Evidence on the Performance of the Poisson Pseudo-Maximum Likelihood Estimator," CEP Discussion Papers dp0933, Centre for Economic Performance, LSE.
- Santos Silva, Joao & Tenreyro, Silvana, 2009. "Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator," LSE Research Online Documents on Economics 25506, London School of Economics and Political Science, LSE Library.
- Santos Silva, Joao M C & Tenreyro, Silvana, 2009. "Further simulation evidence on the performance of the Poisson pseudo-maximum likelihood estimator," Economics Discussion Papers 3546, University of Essex, Department of Economics.
- Wee, Sherilyn & Coffman, Makena & La Croix, Sumner, 2018. "Do electric vehicle incentives matter? Evidence from the 50 U.S. states," Research Policy, Elsevier, vol. 47(9), pages 1601-1610.
- Shanjun Li & Xianglei Zhu & Yiding Ma & Fan Zhang & Hui Zhou, 2022. "The Role of Government in the Market for Electric Vehicles: Evidence from China," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 41(2), pages 450-485, March.
- Wu, Geng & Inderbitzin, Alessandro & Bening, Catharina, 2015. "Total cost of ownership of electric vehicles compared to conventional vehicles: A probabilistic analysis and projection across market segments," Energy Policy, Elsevier, vol. 80(C), pages 196-214.
- Muehlegger, Erich & Rapson, David S., 2022.
"Subsidizing low- and middle-income adoption of electric vehicles: Quasi-experimental evidence from California,"
Journal of Public Economics, Elsevier, vol. 216(C).
- Erich Muehlegger & David S. Rapson, 2018. "Subsidizing Low- and Middle-Income Adoption of Electric Vehicles: Quasi-Experimental Evidence from California," NBER Working Papers 25359, National Bureau of Economic Research, Inc.
- Sheldon, Tamara L. & Dua, Rubal, 2019. "Measuring the cost-effectiveness of electric vehicle subsidies," Energy Economics, Elsevier, vol. 84(C).
- Hunt Allcott & Nathan Wozny, 2014.
"Gasoline Prices, Fuel Economy, and the Energy Paradox,"
The Review of Economics and Statistics, MIT Press, vol. 96(5), pages 779-795, December.
- Hunt Allcott & Jean-Nathan Wozny, 2010. "Gasoline Prices, Fuel Economy, and the Energy Paradox," Working Papers 1003, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Hunt Allcott & Nathan Wozny, 2012. "Gasoline Prices, Fuel Economy, and the Energy Paradox," NBER Working Papers 18583, National Bureau of Economic Research, Inc.
- Nathan Wozny & Hunt Allcott, 2011. "Gasoline Prices, Fuel Economy, and the Energy Paradox," 2011 Meeting Papers 222, Society for Economic Dynamics.
- Panle Jia Barwick & Hyuk-soo Kwon & Binglin Wang & Nahim Bin Zahur, 2023. "Pass-through of Electric Vehicle Subsidies: A Global Analysis," AEA Papers and Proceedings, American Economic Association, vol. 113, pages 323-328, May.
- Meghan R. Busse & Christopher R. Knittel & Florian Zettelmeyer, 2013. "Are Consumers Myopic? Evidence from New and Used Car Purchases," American Economic Review, American Economic Association, vol. 103(1), pages 220-256, February.
- David Powell & Seth Seabury, 2018.
"Medical Care Spending and Labor Market Outcomes: Evidence from Workers' Compensation Reforms,"
American Economic Review, American Economic Association, vol. 108(10), pages 2995-3027, October.
- David Powell & Seth A. Seabury, 2014. "Medical Care Spending and Labor Market Outcomes Evidence from Workers' Compensation Reforms," Working Papers WR-1028-1, RAND Corporation.
- J. R. DeShazo, 2016. "Improving Incentives for Clean Vehicle Purchases in the United States: Challenges and Opportunities," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(1), pages 149-165.
- Cohn, Jonathan B. & Liu, Zack & Wardlaw, Malcolm I., 2022. "Count (and count-like) data in finance," Journal of Financial Economics, Elsevier, vol. 146(2), pages 529-551.
- E. Glen Weyl & Michal Fabinger, 2013. "Pass-Through as an Economic Tool: Principles of Incidence under Imperfect Competition," Journal of Political Economy, University of Chicago Press, vol. 121(3), pages 528-583.
- Münzel, Christiane & Plötz, Patrick & Sprei, Frances & Gnann, Till, 2019. "How large is the effect of financial incentives on electric vehicle sales? – A global review and European analysis," Energy Economics, Elsevier, vol. 84(C).
- Sierzchula, William & Bakker, Sjoerd & Maat, Kees & van Wee, Bert, 2014. "The influence of financial incentives and other socio-economic factors on electric vehicle adoption," Energy Policy, Elsevier, vol. 68(C), pages 183-194.
- Jenn, Alan & Lee, Jae Hyun & Hardman, Scott & Tal, Gil, 2020. "An in-depth examination of electric vehicle incentives: Consumer heterogeneity and changing response over time," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 97-109.
- Liu, Xiaoling & Sun, Xiaohua & Zheng, Hui & Huang, Dongdong, 2021. "Do policy incentives drive electric vehicle adoption? Evidence from China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 150(C), pages 49-62.
- Tamara L. Sheldon, 2022. "Evaluating Electric Vehicle Policy Effectiveness and Equity," Annual Review of Resource Economics, Annual Reviews, vol. 14(1), pages 669-688, October.
- Liu, Zhe & Song, Juhyun & Kubal, Joseph & Susarla, Naresh & Knehr, Kevin W. & Islam, Ehsan & Nelson, Paul & Ahmed, Shabbir, 2021. "Comparing total cost of ownership of battery electric vehicles and internal combustion engine vehicles," Energy Policy, Elsevier, vol. 158(C).
- Nathan H. Miller & Matthew Osborne & Gloria Sheu, 2017. "Pass-through in a concentrated industry: empirical evidence and regulatory implications," RAND Journal of Economics, RAND Corporation, vol. 48(1), pages 69-93, March.
- Vergis, Sydney & Chen, Belinda, 2015. "Comparison of plug-in electric vehicle adoption in the United States: A state by state approach," Research in Transportation Economics, Elsevier, vol. 52(C), pages 56-64.
- Atte Oksanen & Mikko Aaltonen & Kati Rantala, 2015. "Social Determinants of Debt Problems in a Nordic Welfare State: a Finnish Register-Based Study," Journal of Consumer Policy, Springer, vol. 38(3), pages 229-246, September.
- Hardman, Scott & Chandan, Amrit & Tal, Gil & Turrentine, Tom, 2017. "The effectiveness of financial purchase incentives for battery electric vehicles – A review of the evidence," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1100-1111.
- Leard, Benjamin & Ankney, Kevin, 2022. "Should Electric Vehicle Purchase Subsidies Be Linked with Scrappage Requirements?," RFF Working Paper Series 22-13, Resources for the Future.
- Katalin Springel, 2021. "Network Externality and Subsidy Structure in Two-Sided Markets: Evidence from Electric Vehicle Incentives," American Economic Journal: Economic Policy, American Economic Association, vol. 13(4), pages 393-432, November.
- DeShazo, J.R. & Sheldon, Tamara L. & Carson, Richard T., 2017. "Designing policy incentives for cleaner technologies: Lessons from California's plug-in electric vehicle rebate program," Journal of Environmental Economics and Management, Elsevier, vol. 84(C), pages 18-43.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Gu, Jianqiang & Wu, Zhan & Song, Yubing & Nicolescu, Ana-Cristina, 2024. "A win-win relationship? New evidence on artificial intelligence and new energy vehicles," Energy Economics, Elsevier, vol. 134(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Burra, Lavan T. & Sommer, Stephan & Vance, Colin, 2023. "Free-Ridership in Subsidies for Company- and Private Electric Vehicles," Ruhr Economic Papers 1015, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Martin Kalthaus & Jiatang Sun, 2021. "Determinants of Electric Vehicle Diffusion in China," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 80(3), pages 473-510, November.
- Alali, Layla & Niesten, Eva & Gagliardi, Dimitri, 2022. "The impact of UK financial incentives on the adoption of electric fleets: The moderation effect of GDP change," Transportation Research Part A: Policy and Practice, Elsevier, vol. 161(C), pages 200-220.
- Austmann, Leonhard M., 2021. "Drivers of the electric vehicle market: A systematic literature review of empirical studies," Finance Research Letters, Elsevier, vol. 41(C).
- Roberto Amaral-Santos & Ariaster Chimeli & Joao Paulo Pessoa, 2023.
"Natural Gas Vehicles: Consequences to Fuel Markets and the Environment,"
Working Papers, Department of Economics
2023_07, University of São Paulo (FEA-USP).
- Amaral-Santos, Roberto & Chimeli, Ariaster & Pessoa, João Paulo, 2023. "Natural Gas Vehicles: Consequences to Fuel Markets and the Environment," TD NEREUS 7-2023, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
- Fournel, Jean-François, 2023. "Electric Vehicle Subsidies: Cost-Effectiveness and Emission Reductions," TSE Working Papers 23-1465, Toulouse School of Economics (TSE).
- Pessoa, Joao Paulo & Santos, Roberto Amaral & Chimeli, Ariaster, 2023. "Natural Gas Vehicles: Consequences to Fuel Markets and the Environment," SocArXiv 7tvgy, Center for Open Science.
- Azarafshar, Roshanak & Vermeulen, Wessel N., 2020. "Electric vehicle incentive policies in Canadian provinces," Energy Economics, Elsevier, vol. 91(C).
- Li, Guodong & Walls, W.D. & Zheng, Xiaoli, 2023. "Differential license plate pricing and electric vehicle adoption in Shanghai, China," Transportation Research Part A: Policy and Practice, Elsevier, vol. 172(C).
- Peter Haan & Adrián Santonja & Aleksandar Zaklan, 2023.
"Effectiveness and Heterogeneous Effects of Purchase Grants for Electric Vehicles,"
Discussion Papers of DIW Berlin
2032, DIW Berlin, German Institute for Economic Research.
- Peter Haan & Adrián Santonja & Aleksandar Zaklan, 2023. "Effectiveness and Heterogeneous Effects of Purchase Grants for Electric Vehicles," Berlin School of Economics Discussion Papers 0011, Berlin School of Economics.
- Haidar, Bassem & Aguilar Rojas, Maria Teresa, 2022. "The relationship between public charging infrastructure deployment and other socio-economic factors and electric vehicle adoption in France," Research in Transportation Economics, Elsevier, vol. 95(C).
- Münzel, Christiane & Plötz, Patrick & Sprei, Frances & Gnann, Till, 2019. "How large is the effect of financial incentives on electric vehicle sales? – A global review and European analysis," Energy Economics, Elsevier, vol. 84(C).
- Santos, Georgina & Rembalski, Sebastian, 2021. "Do electric vehicles need subsidies in the UK?," Energy Policy, Elsevier, vol. 149(C).
- Li, Shanjun & Wang, Binglin & Zhou, Hui, 2024. "Decarbonizing passenger transportation in developing countries: Lessons and perspectives1," Regional Science and Urban Economics, Elsevier, vol. 107(C).
- Austmann, Leonhard M. & Vigne, Samuel A., 2021. "Does environmental awareness fuel the electric vehicle market? A Twitter keyword analysis," Energy Economics, Elsevier, vol. 101(C).
- Linn, Joshua, 2022. "Balancing Equity and Effectiveness for Electric Vehicle Subsidies," RFF Working Paper Series 22-07, Resources for the Future.
- Haobing Liu & Daejin Kim & Hanyan Li & Michael O. Rodgers & Randall Guensler, 2024. "Synthetic control methods for estimating the effect of purchase incentives on plug-in electric vehicles sales in the United States," Transportation, Springer, vol. 51(4), pages 1209-1238, August.
- Briseño, Hugo & Ramirez-Nafarrate, Adrian & Araz, Ozgur M., 2021. "A multivariate analysis of hybrid and electric vehicles sales in Mexico," Socio-Economic Planning Sciences, Elsevier, vol. 76(C).
- Li, Ping & Zhang, ZhongXiang, 2023. "The effects of new energy vehicle subsidies on air quality: Evidence from China," Energy Economics, Elsevier, vol. 120(C).
- Alberini, Anna & Vance, Colin, 2023. "Competing forces in the German new car market: How do they affect diesel, PHEV, and BEV sales?," Ruhr Economic Papers 1047, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
More about this item
Keywords
Electric vehicles; Consumer subsidy; Company cars; Free ridership; Pass-through;All these keywords.
JEL classification:
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:131:y:2024:i:c:s0140988324000410. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.