Articles producció científica> Economia

Regulatory commitment versus non-commitment: Electric vehicle adoption under subsidies and emission standards

  • Datos identificativos

    Identificador: imarina:9326003
  • Autores:

    Theilen, B
    Tomori, F
  • Otros:

    Autor según el artículo: Theilen, B; Tomori, F
    Departamento: Economia
    Autor/es de la URV: Theilen, Bernd Georg / Tomori, Françeska
    Palabras clave: Subsidy scheme Innovation Fuel-powered vehicles Environmental regulation Emission standards Electric vehicles Commitment
    Resumen: We compare two regulatory structures in the application of emission standards and a subsidy scheme in the automobile market. The regulator can either commit to an emission standard or is not able to commit. Firms compete á la Cournot and produce fuel-powered and electric vehicles. The emissions of fuel-powered vehicles can be abated by means of investing in emission-reducing innovation. Our results indicate that under commitment there are less emissions, higher subsidies and a major adoption of electric vehicles. By contrast, non-commitment yields more fuel-powered vehicles, more vehicles in total and higher consumer surplus. Electric vehicle producers obtain higher profits under commitment, whereas fuel-powered vehicle producers might be better off under both regulatory structures. Social welfare is higher under non-commitment as long as environmental damages are regarded severe. Otherwise, commitment is socially preferable. This result provides an explanation for observed differences in the duration of environmental standards between the US, the EU and China.
    Áreas temáticas: General o multidisciplinar Environmental studies Economics and econometrics Economics Economia Ciencias sociales
    Acceso a la licencia de uso: https://creativecommons.org/licenses/by/3.0/es/
    Direcció de correo del autor: franceska.tomori@urv.cat franceska.tomori@urv.cat bernd.theilen@urv.cat
    Identificador del autor: 0000-0002-6744-3100 0000-0002-6744-3100 0000-0001-7141-2780
    Fecha de alta del registro: 2024-08-03
    Versión del articulo depositado: info:eu-repo/semantics/publishedVersion
    URL Documento de licencia: https://repositori.urv.cat/ca/proteccio-de-dades/
    Referencia al articulo segun fuente origial: Resource And Energy Economics. 74
    Referencia de l'ítem segons les normes APA: Theilen, B; Tomori, F (2023). Regulatory commitment versus non-commitment: Electric vehicle adoption under subsidies and emission standards. Resource And Energy Economics, 74(), -. DOI: 10.1016/j.reseneeco.2023.101388
    DOI del artículo: 10.1016/j.reseneeco.2023.101388
    Entidad: Universitat Rovira i Virgili
    Año de publicación de la revista: 2023
    Tipo de publicación: Journal Publications
  • Palabras clave:

    Economics,Economics and Econometrics,Environmental Studies
    Subsidy scheme
    Innovation
    Fuel-powered vehicles
    Environmental regulation
    Emission standards
    Electric vehicles
    Commitment
    General o multidisciplinar
    Environmental studies
    Economics and econometrics
    Economics
    Economia
    Ciencias sociales
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