Carbon Taxes and the Composition of New Passenger Car Sales in Europe

Nadirov, Orkhan; Vychytilová, Jana; Dehning, Bruce

dc.contributor.author	Nadirov, Orkhan
dc.contributor.author	Vychytilová, Jana
dc.contributor.author	Dehning, Bruce
dc.date.accessioned	2022-05-12T06:40:30Z
dc.date.available	2022-05-12T06:40:30Z
dc.date.issued	2020
dc.identifier.uri	http://hdl.handle.net/20.500.12181/370
dc.description.abstract	This paper examines the effectiveness of implementing carbon taxes to reduce carbon dioxide emissions from transport. Using the system Generalized Method of Moments estimator, we utilize cross-country analysis for the first time to study the impact of carbon taxes on the composition of petrol versus diesel passenger cars sold in 17 countries over the period 2013–2017. The results suggest that increasing carbon taxes affects consumer behavior, causing a significant shift from petrol to diesel fuel vehicles, controlling for factors such as the price of passenger cars, fuel price, interest rates, income level, population density, inflation, and vehicle stock.	en_US
dc.language.iso	en	en_US
dc.publisher	MDPI	en_US
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 United States	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/us/	*
dc.subject.lcsh	Carbon tax.	en
dc.subject.lcsh	Climate policy.	en
dc.subject.lcsh	Automobile industry.	en
dc.title	Carbon Taxes and the Composition of New Passenger Car Sales in Europe	en_US
dc.type	Article	en_US