GASOLINE PRICES, GOVERNMENT SUPPORT, AND THE DEMAND FOR HYBRID VEHICLES IN THE UNITED STATES

• 成果类型: Article
• 署名作者: Beresteanu, Arie; Li, Shanjun
• 署名单位: Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh; Resources for the Future
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/j.1468-2354.2010.00623.x
• 发表日期: 2011
• 页码: 161-182
• 关键词: competition; EFFICIENCY

摘要

We analyze the determinants of hybrid vehicle demand, focusing on gasoline prices and income tax incentives. We find that hybrid vehicle sales in 2006 would have been 37% lower had gasoline prices stayed at the 1999 levels, and the effect of the federal income tax credit program is estimated at 20% in 2006. Under the program, the cost of reducing gasoline consumption was $75 per barrel in government revenue and that of CO2 emission reduction was $177 per ton. We show that the cost effectiveness of federal tax programs can be improved by a flat rebate scheme.