Determinants of Participation in Accelerated Vehicle-Retirement Programs
AbstractAccelerated vehicle-retirement programs are currently being examined as one way to reduce hydrocarbon emissions. Forecasting participation rates in these programs is one of the major areas of uncertainty because the number of participants and their characteristics are likely to vary with the price offered to attract old cars. We present a theoretical model of the owner's car tenure and scrappage decision. Next, we develop and estimate an econometric model of participation in an old-vehicle scrap program using data from a recent program in the state of Delaware. We then predict participation rates at different possible offer prices.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by The RAND Corporation in its journal RAND Journal of Economics.
Volume (Year): 26 (1995)
Issue (Month): 1 (Spring)
Contact details of provider:
Web page: http://www.rje.org
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Werner Antweiler & Sumeet Gulati, 2013. "Market-Based Policies for Green Motoring in Canada," Canadian Public Policy, University of Toronto Press, vol. 39(s2), pages 81-94, August.
- Chen, Jiawei & Esteban, Susanna & Shum, Matthew, 2010. "Do sales tax credits stimulate the automobile market?," International Journal of Industrial Organization, Elsevier, vol. 28(4), pages 397-402, July.
- Jordi Perdiguero & Juan Luis Jiménez, 2012. "“Policy options for the promotion of electric vehicles: a review”," IREA Working Papers 201208, University of Barcelona, Research Institute of Applied Economics, revised Mar 2012.
- Bruce W Hamilton & Molly Macauley, 1996.
"Competition and Car Longevity,"
Economics Working Paper Archive
361, The Johns Hopkins University,Department of Economics.
- Naoki Wakamori, 2011. "Portfolio Considerations in Differentiated Product Purchases: An Application to the Japanese Automobile Market," Working Papers 11-27, Bank of Canada.
- Böckers, Veit & Heimeshoff,Ulrich & Müller, Andrea, 2012. "Pull-forward effects in the German car scrappage scheme: A time series approach," DICE Discussion Papers 56, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Böckers, Veit & Heimeshoff, Ulrich & Müller, Andrea, 2012. "Vorsprung durch Technik: Empirical Evidence of the German Scrappage Program," Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62043, Verein für Socialpolitik / German Economic Association.
- Fullerton Don & West Sarah E, 2010.
"Tax and Subsidy Combinations for the Control of Car Pollution,"
The B.E. Journal of Economic Analysis & Policy,
De Gruyter, vol. 10(1), pages 1-33, February.
- Don Fullerton & Sarah West, 2000. "Tax and Subsidy Combinations for the Control of Car Pollution," NBER Working Papers 7774, National Bureau of Economic Research, Inc.
- Mauritzen, Johannes, 2011. "The Decision to Scrap a Wind Turbine: Opportunity Cost, Timing and Policy," Discussion Papers 2011/17, Department of Business and Management Science, Norwegian School of Economics.
- Eskeland, Gunnar S., 2000. "Environmental protection and optimal taxation," Policy Research Working Paper Series 2510, The World Bank.
- Fullerton, Don & West, Sarah E., 2002.
"Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?,"
Journal of Environmental Economics and Management,
Elsevier, vol. 43(1), pages 135-157, January.
- Don Fullerton & Sarah West, 1999. "Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?," NBER Working Papers 7059, National Bureau of Economic Research, Inc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If references are entirely missing, you can add them using this form.