German car buyers' willingness to pay to reduce CO2 emissions

Achtnicht, Martin

dp09058.pdf - Published

Download (342kB)

URN: urn:nbn:de:bsz:180-madoc-24870
Document Type: Working paper
Year of publication: 2009
The title of a journal, publication series: ZEW Discussion Papers
Volume: 09-058
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q51 D12 C25 ,
Subject headings (SWD): Deutschland , Personenkraftwagen , Individualverkehr , Motorisierung , Umweltschutz , Verkehr , Klimaschutz , Zahlungsbereitschaft , Luftreinhaltung
Keywords (English): CO2 emissions , Willingness to pay , Passenger cars , Stated pref- erences , Mixed logit
Abstract: Motorised individual transport strongly contributes to global CO2 emissions, due to its intensive usage of fossil fuels. Current political efforts addressing this issue (i.e. emission performance standards in the EU) are directed towards car manufacturers. This paper focuses on the demand side. It examines whether CO2 emissions per kilometre is a relevant attribute in car choices. Based on a stated preference experiment among potential car buyers from Germany, different mixed logit specifications are estimated. In addition, distributions of willingness to pay measures for an abatement of CO2 emissions are obtained. The results suggest that the emissions performance of a car matters substantially, but its consideration varies heavily across the sampled population. In particular, some evidence on gender, age and education effects on climate concerns is provided.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.

Available versions of this item

Metadata export


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics

You have found an error? Please let us know about your desired correction here: E-Mail

Actions (login required)

Show item Show item