IDEAS home Printed from https://ideas.repec.org/a/eee/regeco/v107y2024ics0166046224000012.html
   My bibliography  Save this article

Decarbonizing passenger transportation in developing countries: Lessons and perspectives1

Author

Listed:
  • Li, Shanjun
  • Wang, Binglin
  • Zhou, Hui

Abstract

This paper examines the challenges and opportunities in decarbonizing the passenger road transportation sector by reviewing recent empirical evidence and drawing lessons for developing countries. It first identifies the advantages and disadvantages of various policy instruments to promote modal shifts and vehicle fuel efficiency, and then discusses the potential impacts of electrification and ride-hailing in transportation decarbonization. While developing countries face formidable challenges in reducing carbon emissions from passenger transportation due to income and population growth, the paper argues that a unique window of opportunity exists to foster a culture of sustainable travel behavior by expanding public transit in combination with market-based pricing policies.

Suggested Citation

  • 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).
  • Handle: RePEc:eee:regeco:v:107:y:2024:i:c:s0166046224000012
    DOI: 10.1016/j.regsciurbeco.2024.103977
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0166046224000012
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.regsciurbeco.2024.103977?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nano Barahona & Francisco A Gallego & Juan-Pablo Montero, 2020. "Vintage-Specific Driving Restrictions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 87(4), pages 1646-1682.
    2. Stephan Heblich & Stephen J Redding & Daniel M Sturm, 2020. "The Making of the Modern Metropolis: Evidence from London," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 135(4), pages 2059-2133.
    3. Christensen, Peter & Osman, Adam, 2021. "The Demand for Mobility: Evidence from an Experiment with Uber Riders," IZA Discussion Papers 14179, Institute of Labor Economics (IZA).
    4. Lucas W. Davis, 2008. "The Effect of Driving Restrictions on Air Quality in Mexico City," Journal of Political Economy, University of Chicago Press, vol. 116(1), pages 38-81, February.
    5. Foster,Vivien & Dim,Jennifer Uju & Vollmer,Sebastian & Zhang,Fan, 2021. "Understanding Drivers of Decoupling of Global Transport CO2 Emissions from Economic Growth :Evidence from 145 Countries," Policy Research Working Paper Series 9809, The World Bank.
    6. Yizhen Gu & Chang Jiang & Junfu Zhang & Ben Zou, 2021. "Subways and Road Congestion," American Economic Journal: Applied Economics, American Economic Association, vol. 13(2), pages 83-115, April.
    7. Lucas W. Davis & Matthew E. Kahn, 2010. "International Trade in Used Vehicles: The Environmental Consequences of NAFTA," American Economic Journal: Economic Policy, American Economic Association, vol. 2(4), pages 58-82, November.
    8. David Rapson & Erich Muehlegger, 2023. "Global Transportation Decarbonization," Journal of Economic Perspectives, American Economic Association, vol. 37(3), pages 163-188, Summer.
    9. Zaman, Hosain & Zaccour, Georges, 2020. "Vehicle scrappage incentives to accelerate the replacement decision of heterogeneous consumers," Omega, Elsevier, vol. 91(C).
    10. Mohring, Herbert, 1972. "Optimization and Scale Economies in Urban Bus Transportation," American Economic Review, American Economic Association, vol. 62(4), pages 591-604, September.
    11. Xing, Jianwei & Leard, Benjamin & Li, Shanjun, 2021. "What does an electric vehicle replace?," Journal of Environmental Economics and Management, Elsevier, vol. 107(C).
    12. Mark R Jacobsen & James M Sallee & Joseph S Shapiro & Arthur A van Benthem, 2023. "Regulating Untaxable Externalities: Are Vehicle Air Pollution Standards Effective and Efficient?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 138(3), pages 1907-1976.
    13. Kellogg, Ryan, 2018. "Gasoline price uncertainty and the design of fuel economy standards," Journal of Public Economics, Elsevier, vol. 160(C), pages 14-32.
    14. 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.
    15. Nicolas Gendron-Carrier & Marco Gonzalez-Navarro & Stefano Polloni & Matthew A. Turner, 2022. "Subways and Urban Air Pollution," American Economic Journal: Applied Economics, American Economic Association, vol. 14(1), pages 164-196, January.
    16. 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.
    17. Emilia Simeonova & Janet Currie & Peter Nilsson & Reed Walker, 2021. "Congestion Pricing, Air Pollution, and Children’s Health," Journal of Human Resources, University of Wisconsin Press, vol. 56(4), pages 971-996.
    18. Xu, Yangfei & Zhang, Qinghua & Zheng, Siqi, 2015. "The rising demand for subway after private driving restriction: Evidence from Beijing's housing market," Regional Science and Urban Economics, Elsevier, vol. 54(C), pages 28-37.
    19. Li, Shanjun & Liu, Yanyan & Purevjav, Avralt-Od & Yang, Lin, 2019. "Does subway expansion improve air quality?," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 213-235.
    20. Tarduno, Matthew, 2021. "The congestion costs of Uber and Lyft," Journal of Urban Economics, Elsevier, vol. 122(C).
    21. Panle Jia Barwick & Shanjun Li & Andrew Waxman & Jing Wu & Tianli Xia, 2024. "Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting," American Economic Review, American Economic Association, vol. 114(10), pages 3161-3205, October.
    22. Kellogg, Ryan, 2020. "Output and attribute-based carbon regulation under uncertainty," Journal of Public Economics, Elsevier, vol. 190(C).
    23. Zheng, Jihu & Zhou, Yan & Yu, Rujie & Zhao, Dongchang & Lu, Zifeng & Zhang, Peng, 2019. "Survival rate of China passenger vehicles: A data-driven approach," Energy Policy, Elsevier, vol. 129(C), pages 587-597.
    24. Gilles Duranton & Matthew A. Turner, 2011. "The Fundamental Law of Road Congestion: Evidence from US Cities," American Economic Review, American Economic Association, vol. 101(6), pages 2616-2652, October.
    25. Soren T. Anderson & James M. Sallee, 2016. "Designing Policies to Make Cars Greener," Annual Review of Resource Economics, Annual Reviews, vol. 8(1), pages 157-180, October.
    26. Helm, Ines & Koch, Nicolas & Rohlf, Alexander, 2023. "The effects of cash for clunkers on local air quality," Journal of Urban Economics, Elsevier, vol. 138(C).
    27. Leard, Benjamin & Xing, Jianwei, 2020. "What Does Ridesharing Replace?," RFF Working Paper Series 20-03, Resources for the Future.
    28. Stephen P. Holland & Erin T. Mansur & Nicholas Z. Muller & Andrew J. Yates, 2016. "Are There Environmental Benefits from Driving Electric Vehicles? The Importance of Local Factors," American Economic Review, American Economic Association, vol. 106(12), pages 3700-3729, December.
    29. Sallee, James M. & West, Sarah E. & Fan, Wei, 2016. "Do consumers recognize the value of fuel economy? Evidence from used car prices and gasoline price fluctuations," Journal of Public Economics, Elsevier, vol. 135(C), pages 61-73.
    30. 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.
    31. Gonzalez-Navarro, Marco & Turner, Matthew A., 2018. "Subways and urban growth: Evidence from earth," Journal of Urban Economics, Elsevier, vol. 108(C), pages 85-106.
    32. Moody, Joanna & Zhao, Jinhua, 2019. "Car pride and its bidirectional relations with car ownership: Case studies in New York City and Houston," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 334-353.
    33. Elisheba Spiller & Heather Stephens & Christopher Timmins & Allison Smith, 2014. "The Effect of Gasoline Taxes and Public Transit Investments on Driving Patterns," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 59(4), pages 633-657, December.
    34. Soren T. Anderson & Ian W. H. Parry & James M. Sallee & Carolyn Fischer, 2011. "Automobile Fuel Economy Standards: Impacts, Efficiency, and Alternatives," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(1), pages 89-108, Winter.
    35. Shanjun Li & Joshua Linn & Erich Muehlegger, 2014. "Gasoline Taxes and Consumer Behavior," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 302-342, November.
    36. Shanjun Li & Christopher Timmins & Roger H. von Haefen, 2009. "How Do Gasoline Prices Affect Fleet Fuel Economy?," American Economic Journal: Economic Policy, American Economic Association, vol. 1(2), pages 113-137, August.
    37. Stavins, Robert, 2005. "The Effects of Vintage-Differentiated Environmental Regulation," Working Paper Series rwp05-031, Harvard University, John F. Kennedy School of Government.
    38. Koichiro Ito & James M. Sallee, 2018. "The Economics of Attribute-Based Regulation: Theory and Evidence from Fuel Economy Standards," The Review of Economics and Statistics, MIT Press, vol. 100(2), pages 319-336, May.
    39. Li,Shanjun & Wang,Binglin & Yang,Muxi & Zhang,Fan, 2021. "The Global Diffusion of Electric Vehicles : Lessons from the First Decade," Policy Research Working Paper Series 9882, The World Bank.
    40. Soren T. Anderson & James M. Sallee, 2016. "Designing Policies to Make Cars Greener: A Review of the Literature," NBER Working Papers 22242, National Bureau of Economic Research, Inc.
    41. Nan Zhong & Jing Cao & Yuzhu Wang, 2017. "Traffic Congestion, Ambient Air Pollution, and Health: Evidence from Driving Restrictions in Beijing," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 4(3), pages 821-856.
    42. Antweiler, Werner & Gulati, Sumeet, 2015. "Scrapping for clean air: Emissions savings from the BC SCRAP-IT program," Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 198-214.
    43. Deepti Goel & Sonam Gupta, 2017. "The Effect of Metro Expansions on Air Pollution in Delhi," The World Bank Economic Review, World Bank, vol. 31(1), pages 271-294.
    44. Antonio Bento & Kevin Roth & Yiou Zuo, 2018. "Vehicle Lifetime Trends and Scrappage Behavior in the U.S. Used Car Market," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
    45. Whitefoot, Kate S. & Skerlos, Steven J., 2012. "Design incentives to increase vehicle size created from the U.S. footprint-based fuel economy standards," Energy Policy, Elsevier, vol. 41(C), pages 402-411.
    46. Gibson, Matthew & Carnovale, Maria, 2015. "The effects of road pricing on driver behavior and air pollution," Journal of Urban Economics, Elsevier, vol. 89(C), pages 62-73.
    47. Youming Liu & Shanjun Li & Caixia Shen, 2020. "The Dynamic Efficiency in Resource Allocation: Evidence from Vehicle License Lotteries in Beijing," NBER Working Papers 26904, National Bureau of Economic Research, Inc.
    48. Ian W. H. Parry & Kenneth A. Small, 2005. "Does Britain or the United States Have the Right Gasoline Tax?," American Economic Review, American Economic Association, vol. 95(4), pages 1276-1289, September.
    49. Shanjun Li, 2018. "Better Lucky Than Rich? Welfare Analysis of Automobile Licence Allocations in Beijing and Shanghai," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(4), pages 2389-2428.
    50. Antonio Bento & Kevin Roth & Yiou Zuo, 2018. "Vehicle Lifetime and Scrappage Behavior: Trends in the U.S. Used Car Market," The Energy Journal, , vol. 39(1), pages 159-184, January.
    51. Raven Molloy & Hui Shan, 2013. "The Effect of Gasoline Prices on Household Location," The Review of Economics and Statistics, MIT Press, vol. 95(4), pages 1212-1221, October.
    52. Zheng, Yunhan & Moody, Joanna & Wang, Shenhao & Zhao, Jinhua, 2021. "Measuring policy leakage of Beijing’s car ownership restriction," Transportation Research Part A: Policy and Practice, Elsevier, vol. 148(C), pages 223-236.
    53. Austin, David & Dinan, Terry, 2005. "Clearing the air: The costs and consequences of higher CAFE standards and increased gasoline taxes," Journal of Environmental Economics and Management, Elsevier, vol. 50(3), pages 562-582, November.
    54. Wolff, Hendrik, 2014. "Keep Your Clunker in the Suburb: Low Emission Zones and Adoption of Green Vehicles," IZA Discussion Papers 8180, Institute of Labor Economics (IZA).
    55. Mark R. Jacobsen, 2013. "Evaluating US Fuel Economy Standards in a Model with Producer and Household Heterogeneity," American Economic Journal: Economic Policy, American Economic Association, vol. 5(2), pages 148-187, May.
    56. Viard, V. Brian & Fu, Shihe, 2015. "The effect of Beijing's driving restrictions on pollution and economic activity," Journal of Public Economics, Elsevier, vol. 125(C), pages 98-115.
    57. Beaudoin, Justin & Lin Lawell, C.-Y. Cynthia, 2018. "The effects of public transit supply on the demand for automobile travel," Journal of Environmental Economics and Management, Elsevier, vol. 88(C), pages 447-467.
    58. Yihsu Chen & Alexander Whalley, 2012. "Green Infrastructure: The Effects of Urban Rail Transit on Air Quality," American Economic Journal: Economic Policy, American Economic Association, vol. 4(1), pages 58-97, February.
    59. Christopher R. Knittel, 2011. "Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector," American Economic Review, American Economic Association, vol. 101(7), pages 3368-3399, December.
    60. Pinelopi Koujianou Goldberg, 1998. "The Effects of the Corporate Average Fuel Efficiency Standards in the US," Journal of Industrial Economics, Wiley Blackwell, vol. 46(1), pages 1-33, March.
    61. 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.
    62. Alex Anas & Robin Lindsey, 2011. "Reducing Urban Road Transportation Externalities: Road Pricing in Theory and in Practice," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 5(1), pages 66-88, Winter.
    63. Ian W. H. Parry & Margaret Walls & Winston Harrington, 2007. "Automobile Externalities and Policies," Journal of Economic Literature, American Economic Association, vol. 45(2), pages 373-399, June.
    64. Hall, Jonathan D. & Palsson, Craig & Price, Joseph, 2018. "Is Uber a substitute or complement for public transit?," Journal of Urban Economics, Elsevier, vol. 108(C), pages 36-50.
    65. Gruenspecht, Howard K, 1982. "Differentiated Regulation: The Case of Auto Emissions Standards," American Economic Review, American Economic Association, vol. 72(2), pages 328-331, May.
    66. Nicholas Rivers & Soodeh Saberian & Brandon Schaufele, 2020. "Public transit and air pollution: Evidence from Canadian transit strikes," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 53(2), pages 496-525, May.
    67. Ryan Sandler, 2012. "Clunkers or Junkers? Adverse Selection in a Vehicle Retirement Program," American Economic Journal: Economic Policy, American Economic Association, vol. 4(4), pages 253-281, November.
    68. Zaman, Hosain & Zaccour, Georges, 2021. "Optimal government scrappage subsidies in the presence of strategic consumers," European Journal of Operational Research, Elsevier, vol. 288(3), pages 829-838.
    69. Olszewski, Piotr & Xie, Litian, 2005. "Modelling the effects of road pricing on traffic in Singapore," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(7-9), pages 755-772.
    70. Laura Grigolon & Mathias Reynaert & Frank Verboven, 2018. "Consumer Valuation of Fuel Costs and Tax Policy: Evidence from the European Car Market," American Economic Journal: Economic Policy, American Economic Association, vol. 10(3), pages 193-225, August.
    71. Robert W. Hahn, 1995. "An Economic Analysis of Scrappage," RAND Journal of Economics, The RAND Corporation, vol. 26(2), pages 222-242, Summer.
    72. Knittel, Christopher R, 2009. "The Implied Cost of Carbon Dioxide under the Cash for Clunkers," Institute of Transportation Studies, Working Paper Series qt95b1c3t0, Institute of Transportation Studies, UC Davis.
    73. 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.
    74. Peter Cohen & Robert Hahn & Jonathan Hall & Steven Levitt & Robert Metcalfe, 2016. "Using Big Data to Estimate Consumer Surplus: The Case of Uber," NBER Working Papers 22627, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Shihe Fu & V. Brian Viard, 2022. "A mayors perspective on tackling air pollution," Chapters, in: Charles K.Y. Leung (ed.), Handbook of Real Estate and Macroeconomics, chapter 16, pages 413-437, Edward Elgar Publishing.
    2. Rik L. Rozendaal & Herman R. J. Vollebergh, 2021. "Policy-Induced Innovation in Clean Technologies: Evidence from the Car Market," CESifo Working Paper Series 9422, CESifo.
    3. Li,Shanjun & Xing,Jianwei & Yang,Lin & Zhang,Fan, 2020. "Transportation and the Environment : A Review of Empirical Literature," Policy Research Working Paper Series 9421, The World Bank.
    4. Mathias Reynaert, 2021. "Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(1), pages 454-488.
    5. Arik Levinson, 2019. "Energy Efficiency Standards Are More Regressive Than Energy Taxes: Theory and Evidence," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 6(S1), pages 7-36.
    6. Antonio M. Bento & Mark R. Jacobsen & Christopher R. Knittel & Arthur A. van Benthem, 2020. "Estimating the Costs and Benefits of Fuel-Economy Standards," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 1(1), pages 129-157.
    7. Beaudoin, Justin & Chen, Yuan & Heres, David R. & Kheiravar, Khaled H. & Lade, Gabriel E. & Yi, Fujin & Zhang, Wei & Lin Lawell, C.-Y. Cynthia, 2018. "Environmental Policies in the Transportation Sector: Taxes, Subsidies, Mandates, Restrictions, and Investment," ISU General Staff Papers 201808150700001050, Iowa State University, Department of Economics.
    8. Edenhofer, Ottmar & Flachsland, Christian & Kalkuhl, Matthias & Knopf, Brigitte & Pahle, Michael, 2019. "Optionen für eine CO2-Preisreform," Working Papers 04/2019, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
    9. Fageda, Xavier & Flores-Fillol, Ricardo & Theilen, Bernd, 2022. "Price versus quantity measures to deal with pollution and congestion in urban areas: A political economy approach," Journal of Environmental Economics and Management, Elsevier, vol. 115(C).
    10. Bjertnæs, Geir H.M., 2023. "Taxation of fuel and vehicles when emissions are constrained," Energy Economics, Elsevier, vol. 128(C).
    11. Proost, Stef & Van Dender, Kurt, 2012. "Energy and environment challenges in the transport sector," Economics of Transportation, Elsevier, vol. 1(1), pages 77-87.
    12. Banzhaf, H. Spencer & Kasim, M. Taha, 2019. "Fuel consumption and gasoline prices: The role of assortative matching between households and automobiles," Journal of Environmental Economics and Management, Elsevier, vol. 95(C), pages 1-25.
    13. Shanjun Li & Joshua Linn & Erich Muehlegger, 2014. "Gasoline Taxes and Consumer Behavior," American Economic Journal: Economic Policy, American Economic Association, vol. 6(4), pages 302-342, November.
    14. Huang, Robert & Kahn, Matthew E., 2024. "An economic analysis of United States public transit carbon emissions dynamics," Regional Science and Urban Economics, Elsevier, vol. 107(C).
    15. Lucas W. Davis & James M. Sallee, 2020. "Should Electric Vehicle Drivers Pay a Mileage Tax?," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 1(1), pages 65-94.
    16. Yoshifumi Konishi & Sho Kuroda & Shunsuke Managi, 2024. "Income-based or Place-based? Carbon Dividends under Spatial Distribution of Automobile Demand," Keio-IES Discussion Paper Series 2024-019, Institute for Economics Studies, Keio University.
    17. Kellogg, Ryan, 2018. "Gasoline price uncertainty and the design of fuel economy standards," Journal of Public Economics, Elsevier, vol. 160(C), pages 14-32.
    18. West, Jeremy & Hoekstra, Mark & Meer, Jonathan & Puller, Steven L., 2017. "Vehicle miles (not) traveled: Fuel economy requirements, vehicle characteristics, and household driving," Journal of Public Economics, Elsevier, vol. 145(C), pages 65-81.
    19. Tatsuya Abe, 2022. "Welfare Effects of Fuel Tax and Feebate Policies in the Japanese New Car Market," ISER Discussion Paper 1183, Institute of Social and Economic Research, Osaka University.
    20. Soren T. Anderson & James M. Sallee, 2016. "Designing Policies to Make Cars Greener: A Review of the Literature," NBER Working Papers 22242, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    Decarbonization; Passenger transportation; Developing countries;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    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:regeco:v:107:y:2024:i:c:s0166046224000012. 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/regec .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.