Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/62043
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dc.contributor.authorBöckers, Veiten_US
dc.contributor.authorHeimeshoff, Ulrichen_US
dc.contributor.authorMüller, Andreaen_US
dc.date.accessioned2012-09-04T08:15:18Z-
dc.date.available2012-09-04T08:15:18Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/62043-
dc.description.abstractThe focus of this paper is the empirical evaluation of the German Accelerated Vehicle Retirement program, that was implemented in January 2009 to stimulate automobile consumption. In order to adress this question a unique monthly dataset of new car registrations owned by private consumers from March 2001 until October 2011 is created. Especially small and upper small car segments seem to have profited from the scrappage program as they make up 84$\%$ of the newly registered cars during the program. Using uni- and multivariate time-series models counterfactual car registrations are estimated for vehicles from the small and upper small car segment. Results suggest that the policy has been successful in creating additional demand for new cars during the policy period. We also find a small contraction in the year after the end of the policy for the small market segment. For upper small cars the pull-forward could only be identified for the last quarter of the ex-post period. So in summary, the overall effect of the German car scrappage program is positive for the two market segments.en_US
dc.language.isoengen_US
dc.publisherZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |xKiel und Hamburgen_US
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Environment and Scrappage Programs |xD20-V1en_US
dc.subject.jelH00en_US
dc.subject.jelC22en_US
dc.subject.jelL62en_US
dc.subject.ddc330en_US
dc.titleVorsprung durch Technik: Empirical Evidence of the German Scrappage Programen_US
dc.typeConference Paperen_US
dc.identifier.ppn730541185-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:vfsc12:62043-

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