Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/9811334.html
   My bibliography  Save this paper

Did the Eco-Car program change the customer base of HVs?

Author

Listed:
  • Shigeru Matsumoto

    (Aoyama Gakuin University)

Abstract
For the last several decades, governments have implemented various energy conservation measures aimed at reducing energy consumption and greenhouse gas emissions from the transportation sector. Among these measures, the spread of next-generation vehicles as an immediate policy goal has been particularly emphasized in recent years. By implementing subsidy programs for a limited period of time, governments try to influence the behavior of households that have not previously considered purchasing the products that have desirable properties. However, no literature has yet identified the households that switched from conventional gasoline vehicles to HVs. In this study, we compare the vehicle choice between three sampling periods (before/during/after the Eco-Car rebate program) and examine whether the rebate program changed the customer base of HVs.For the empirical analysis, we use micro-level data from the Japanese National Survey of Family Income and Expenditure (NSFE), which was collected in 2009 and 2014. NSFE collects data on households? socioeconomic characteristics, such as income/expenditure, savings/liabilities, and ownership of durable goods, as well as information related to houses, such as dwelling characteristics and site area. In addition, NSFE also collects vehicle-related information such as the number of vehicles owned, the year of purchase of each vehicle, and the type of vehicle.The empirical results by multinomial logit analysis demonstrate that the likelihood of HV selection increased substantially during the program period and remained at a high level after the program ended. We also find that households with large net wealth purchased HVs during the Eco-Car program period. Finally, we find that households having a higher income used to purchase HVs earlier. However, income has come to play a less important role in the choice between a HV and SGV after the end of the Eco-Car program.

Suggested Citation

  • Shigeru Matsumoto, 2019. "Did the Eco-Car program change the customer base of HVs?," Proceedings of International Academic Conferences 9811334, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:9811334
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/iises-international-academic-conference-dubrovnik/table-of-content/detail?cid=98&iid=028&rid=11334
    File Function: First version, 2019
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Eco-Car rebate program; Hybrid Vehicle; Japanese National Survey of Family Income and Expenditure; Multinomial Logit Analysis;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:sek:iacpro:9811334. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    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.