Demand for alternative-fuel vehicles when registration taxes are high
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Demand for alternative-fuel vehicles when registration taxes are high. / Mabit, Stefan L.; Fosgerau, Mogens.
I: Transportation Research Part D: Transport and Environment, Bind 16, Nr. 3, 05.2011, s. 225-231.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Demand for alternative-fuel vehicles when registration taxes are high
AU - Mabit, Stefan L.
AU - Fosgerau, Mogens
PY - 2011/5
Y1 - 2011/5
N2 - 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.
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.
KW - Alternative-fuel vehicles
KW - Stated preference
KW - Sustainable road transport
KW - Vehicle choice
UR - http://www.scopus.com/inward/record.url?scp=79251620329&partnerID=8YFLogxK
U2 - 10.1016/j.trd.2010.11.001
DO - 10.1016/j.trd.2010.11.001
M3 - Journal article
AN - SCOPUS:79251620329
VL - 16
SP - 225
EP - 231
JO - Transportation Research, Part D: Transport and Environment
JF - Transportation Research, Part D: Transport and Environment
SN - 1361-9209
IS - 3
ER -
ID: 181872543