CTS lunch seminars spring 2015

Published Jan 19, 2015

24/2 – Jake Whitehead, Transport och Lokaliseringsanalys KTH
The Impacts of Incentive Policies on Energy-Efficient Vehicle Demand and Price: An International Comparison

 3/3 – José Holguin-Veras, Rensselaer Polytechnic Institute / Center for Infrastructure, Transportation, and the Environment
Freight Behavior Research: Basic Principles and Experiences
ABSTRACT
Successful policy making requires careful identification of the policy levers (e.g., pricing, incentives, regulation) that would be used to achieve a policy goal, together with the intensity of the policy stimulus. Equally important is to correctly predict what would be the behavior change enacted by the users in reaction to the policy. The latter has proven to be a major challenge to policy makers throughout the world. The main challenges to correctly predicting how the freight industry would react to a given policy are presented by the economic interactions that link shippers, carriers, and receivers; and the inherent heterogeneity of the entire industry. In this informal conversation, Professor Holguín-Veras will summarize his research regarding the role that these factors have on determining industry response to policy. He will use game theory concepts to characterize the interactions among the key agents, will discuss the role that behavioral modeling could play to identify policy targets and the strength of policy signals.

10/3 – Andrea Mannberg, Department of Economics Umeå university
Do tax incentives affect households' adoption of ‘green’ cars? A panel study of the Stockholm congestion tax
Policymakers have made several attempts to introduce local and national policies to reduce CO2 emissions and stimulate the consumer adoption of alternative fuel vehicles (ethanol/E85 cars). The purpose of this paper is to analyze how a local policy measure impacts the composition of the car fleet over time. More specifically, we take advantage of the natural experiment setting caused by the introduction of the Stockholm congestion tax (2006) to analyze how the tax affected purchases of ethanol cars that were exempted from the tax. To estimate effects, we employ a Difference-in-differences methodology. By using a comprehensive database of the car fleet and car owners, sociodemographic and geographic factors are analyzed, which is unique in the existing literature.

Our results suggest that the congestion tax had a significant impact on ethanol car purchases although the effect fades away over time. Furthermore, there is a positive relationship between the level of education and ethanol car purchases. Previous adoption of an ethanol car is found to be the strongest predictor of ethanol car purchases. Finally, data indicate that Stockholmers substantially increased purchases of ethanol cars half a year before the introduction of the congestion tax, which we refer to as an anticipation effect.

24/3 – Sofia Lingegård, Linköpings universitet / Pontarius

Please contact Christian Savemark (PhD student KTH CTS),  christian.savemark@abe.kth.se for more information.

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