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1、标题:GivingGreentoGetGreen:IncentivesandConsumerAdoptionofHybridVehicleTechnology原文:Abstract:Federal,stateandlocalgovernmentsuseavarietyofincentivestoinduceconsumeradoptionofhybrid-electricvehicles.Westudytherelativeefficacyofstatesalestaxwaivers,incomet
2、axcreditsandnon-taxincentivesandfindthatthetypeoftaxincentiveofferedisasimportantasthevalueofthetaxincentive.Conditionalonvalue,wefindthatsalestaxwaiversareassociatedaseven-foldgreaterincreaseinhybridsalesthanincometaxcredits.Inaddition,weestimatetheex
3、tenttowhichconsumeradoptionofhybrid-electricvehicles(HEV)intheUnitedStatesfrom2000-2006canbeattributedtogovernmentincentives,changinggasolineprices,orconsumerpreferencesforenvironmentalqualityorenergysecurity.Aftercontrollingformodelspecificstateandtim
4、etrends,wefindthatrisinggasolinepricesareassociatedwithhigherhybridsales,althoughtheeffectoperatesentirelythroughsalesofthehybridmodelswiththehighestfueleconomy.Intotal,wefindthattaxincentives,risinggasolinepricesandsocialpreferencesareassociatedwith6,
5、27and36percentofhigheconomyhybridsalesfrom2000-2006.DataandMethodologyWeusequarterlystate-leveldataonsalesofeachhybridmodeltodistinguishtheimpactofthreefactorswhichpotentiallyspeedconsumeradoptionofhybridtechnology:(1)governmentincentives,includingsing
6、leoccupancyHOVlaneaccessandincomeorsalestaxincentives(2)changesingasolineprices(3)changesinconsumertravelintensityorpreferencesforenvironmentalismornationalsecurity.OurstudyperiodrunsfromQ12000toQ42006duringwhichautomakersintroducedelevenhybridmodels.T
7、hedateatwhichdomesticsalesfirstappearintheJDPowerdataare:HondaInsight(2000Q1),ToyotaPrius(2000Q3),HondaCivic(2002Q1),HondaAccord(2004Q4),FordEscape(2004Q3),LexusRX400h(2005Q1),ToyotaHighlander(2005Q2),MercuryMariner(2005Q3),LexusGS450h(2006Q2),ToyotaCa
8、mry(2006Q2)andSaturnVUE(2006Q4).Toallowforeachmodeltohaveitsowntimetrendanddifferentattractivenesstoeachstate’spopulation,weincludebothstate*modelandtime*modelfixedeffects,andestimatethemodelusingwithin-state*modelvariationintrendofsale