Demand for alternative-fuel vehicles when registration taxes are high

Stefan L. Mabit; Mogens Fosgerau

doi:10.1016/j.trd.2010.11.001

Demand for alternative-fuel vehicles when registration taxes are high

Stefan L. Mabit^*, Mogens Fosgerau

^*Corresponding author af dette arbejde

Økonomisk Institut

105 Citationer (Scopus)

Abstract

This paper investigates the potential futures for alternative-fuel vehicles in Denmark, where the vehicle registration tax is very high and large tax rebates can be given. A large stated choice dataset has been collected concerning vehicle choice among conventional, hydrogen, hybrid, bio-diesel, and electric vehicles. We estimate a mixed logit model that improves on previous contributions by controlling for reference dependence and allowing for correlation of random effects. Both improvements are found to be important. An application of the model shows that alternative-fuel vehicles with present technology could obtain fairly high market shares given tax regulations possible in the present high-tax vehicle market.

Originalsprog	Engelsk
Tidsskrift	Transportation Research Part D: Transport and Environment
Vol/bind	16
Udgave nummer	3
Sider (fra-til)	225-231
Antal sider	7
ISSN	1361-9209
DOI	https://doi.org/10.1016/j.trd.2010.11.001
Status	Udgivet - maj 2011

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abstract = "This paper investigates the potential futures for alternative-fuel vehicles in Denmark, where the vehicle registration tax is very high and large tax rebates can be given. A large stated choice dataset has been collected concerning vehicle choice among conventional, hydrogen, hybrid, bio-diesel, and electric vehicles. We estimate a mixed logit model that improves on previous contributions by controlling for reference dependence and allowing for correlation of random effects. Both improvements are found to be important. An application of the model shows that alternative-fuel vehicles with present technology could obtain fairly high market shares given tax regulations possible in the present high-tax vehicle market.",

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AB - This paper investigates the potential futures for alternative-fuel vehicles in Denmark, where the vehicle registration tax is very high and large tax rebates can be given. A large stated choice dataset has been collected concerning vehicle choice among conventional, hydrogen, hybrid, bio-diesel, and electric vehicles. We estimate a mixed logit model that improves on previous contributions by controlling for reference dependence and allowing for correlation of random effects. Both improvements are found to be important. An application of the model shows that alternative-fuel vehicles with present technology could obtain fairly high market shares given tax regulations possible in the present high-tax vehicle market.

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Demand for alternative-fuel vehicles when registration taxes are high

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