| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12899 |
| DP12899 The Impact of Environmental Fraud on the Used Car Market: Evidence from Dieselgate | |
| Nir Shlomo Yoseph | |
| 发表日期 | 2018-04-28 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | This study explores how exposure of fraud committed by a durable-goods manufacturer affects secondary markets for that manufacturer’s products. Specifically, we examine the effect of Volkswagen’s 2015 emissions scandal (“Dieselgate”) on the used car market in Israel. Using a difference-in–differences research design and administrative and proprietary data, we find that, after Dieselgate, the number of transactions involving VW-mishandled cars fell by 18%, and the resale price of these cars fell by 6%. The drop in the number of transactions was concentrated among private sellers. We discuss alternative explanations and suggest that reputational concerns and adverse selection following Dieselgate could explain our findings. |
| 主题 | Industrial Organization |
| 关键词 | Secondary markets Durable goods Vehicles Reputation Fraud Product recall |
| URL | https://cepr.org/publications/dp12899-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541710 |
| 推荐引用方式 GB/T 7714 | Nir Shlomo Yoseph. DP12899 The Impact of Environmental Fraud on the Used Car Market: Evidence from Dieselgate. 2018. |
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