Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/315253 
Year of Publication: 
2024
Citation: 
[Journal:] Environmental and Resource Economics [ISSN:] 1573-1502 [Volume:] 88 [Issue:] 1 [Publisher:] Springer Netherlands [Place:] Dordrecht [Year:] 2024 [Pages:] 185-223
Publisher: 
Springer Netherlands, Dordrecht
Abstract: 
Abstract We evaluate German purchase subsidies for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) using data on new vehicle registrations in Germany during 2015-2022. We account for confounding time trends and interacting EU-level standards using neighboring countries as a control group. We find that 40% of BEV and 25% of PHEV registrations were subsidy-induced. The program had strong distributional effects, with greater uptake in wealthier and greener counties. We estimate implied abatement costs of 870 euro per ton of for BEVs and 2,470 euro for PHEVs, suggesting that policy makers should re-balance support schemes away from PHEVs.
Subjects: 
Decarbonizing road transport
Electric mobility
Purchase subsidies
Policy effectiveness
Distributional effects of climate policy
Persistent Identifier of the first edition: 
Additional Information: 
Q54;Q58;H23;R48
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version
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