Do electric vehicle incentives matter? Evidence from the 50 U.S. states
Makena Coffman and
Sumner La Croix ()
Research Policy, 2018, vol. 47, issue 9, 1601-1610
We estimate the effectiveness of policy incentives for adoption of electric vehicles (EVs) in the 50 U.S. states. We employ a rich dataset of semi-annual state-level new EV vehicle registrations by make and model from 2010 to 2015 and state-level policy instruments that could affect new EV model registrations. We construct two measures of policy, one which aggregates policy instruments that can be assigned a value and a second that aggregates those without explicit values. Using a within model difference-in-difference estimator with high-dimensional fixed effects, we find that a $1000 increase in the value of a state’s model-specific EV policies increases registrations of that model within the state by 5–11%.
Keywords: Electric vehicles; State policy; Subsidies; Technology adoption (search for similar items in EconPapers)
JEL-codes: Q48 H23 L98 O31 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:47:y:2018:i:9:p:1601-1610
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