| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25840 |
| 来源ID | Working Paper 25840 |
| Equilibrium Trade in Automobile Markets | |
| Kenneth Gillingham; Fedor Iskhakov; Anders Munk-Nielsen; John P. Rust; Bertel Schjerning | |
| 发表日期 | 2019-05-20 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We introduce a computationally tractable dynamic equilibrium model of the automobile market where new and used cars of multiple types (e.g. makes/models) are traded by heterogeneous consumers. Prices and quantities are determined endogenously to equate supply and demand for all car types and vintages, along with the ages at which cars are scrapped. The model allows for transactions costs, taxes, flexible specifications of car characteristics, consumer preferences, and heterogeneity. We apply the model to two examples: a revenue-neutral replacement of the new vehicle registration tax with a higher fuel tax and a hypothetical “merger to monopoly” in an oligopolistic new car market. We show substantial gains in consumer welfare from the tax policy change, as well as important effects on government revenues, automobile prices, driving, fuel consumption and CO₂ emissions, while the merger leads to substantial welfare losses. |
| 主题 | Industrial Organization ; Industry Studies ; Environmental and Resource Economics ; Energy ; Environment ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w25840 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583513 |
| 推荐引用方式 GB/T 7714 | Kenneth Gillingham,Fedor Iskhakov,Anders Munk-Nielsen,et al. Equilibrium Trade in Automobile Markets. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25840.pdf（585KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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