Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries: Evidence from Colombia
Developing countries face a major challenge of decarbonizing their light-duty vehicle fleet and transitioning to the broad use of electric vehicles. However, there is little evidence on which policies can most effectively facilitate that transition in these countries, distinguished by relatively low...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
|
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Developing countries face a major challenge of decarbonizing their light-duty vehicle fleet and transitioning to the broad use of electric vehicles. However, there is little evidence on which policies can most effectively facilitate that transition in these countries, distinguished by relatively low-income consumers and highly concentrated markets that distort vehicle markups. This paper analyzes existing and proposed policies aiming to reduce emissions from new passenger vehicles in Colombia, which has used preferential sales taxes and import tariffs to stimulate hybrid and electric cars sales. Using highly detailed data on vehicle purchases and attributes, the paper estimates an equilibrium model of Colombia's market that includes a random-coefficients logit demand structure and endogenizes firms' markups. Using the model to simulate policies, the analysis finds that Colombia's sales tax and import tariffs have increased hybrid and electric vehicle market shares by 0.9 to 2.7 percentage points at welfare costs of USD 40-USD 48 per ton of carbon dioxide reduction. Potentially taxing carbon dioxide emissions rates of new vehicles would have roughly similar welfare costs. The high welfare costs of these policies arise from preexisting distortions caused by market power, which yields large private welfare costs of shifting from gasoline to hybrid and electric vehicles |
| Beschreibung: | 1 Online-Ressource (41 Seiten) |
| DOI: | 10.1596/1813-9450-10001 |
Internformat
MARC
| LEADER | 00000nmm a22000001c 4500 | ||
|---|---|---|---|
| 001 | BV049080399 | ||
| 003 | DE-604 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 230731s2022 xxu|||| o||u| ||||||eng d | ||
| 024 | 7 | |a 10.1596/1813-9450-10001 |2 doi | |
| 035 | |a (ZDB-1-WBA)077917995 | ||
| 035 | |a (OCoLC)1392136082 | ||
| 035 | |a (DE-599)KEP077917995 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 100 | 1 | |a Callejas, Jeronimo |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries |b Evidence from Colombia |c Jeronimo Callejas |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2022 | |
| 300 | |a 1 Online-Ressource (41 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 520 | 3 | |a Developing countries face a major challenge of decarbonizing their light-duty vehicle fleet and transitioning to the broad use of electric vehicles. However, there is little evidence on which policies can most effectively facilitate that transition in these countries, distinguished by relatively low-income consumers and highly concentrated markets that distort vehicle markups. This paper analyzes existing and proposed policies aiming to reduce emissions from new passenger vehicles in Colombia, which has used preferential sales taxes and import tariffs to stimulate hybrid and electric cars sales. Using highly detailed data on vehicle purchases and attributes, the paper estimates an equilibrium model of Colombia's market that includes a random-coefficients logit demand structure and endogenizes firms' markups. Using the model to simulate policies, the analysis finds that Colombia's sales tax and import tariffs have increased hybrid and electric vehicle market shares by 0.9 to 2.7 percentage points at welfare costs of USD 40-USD 48 per ton of carbon dioxide reduction. Potentially taxing carbon dioxide emissions rates of new vehicles would have roughly similar welfare costs. The high welfare costs of these policies arise from preexisting distortions caused by market power, which yields large private welfare costs of shifting from gasoline to hybrid and electric vehicles | |
| 650 | 4 | |a Carbon Policy and Trading | |
| 650 | 4 | |a Climate Change Mitigation and Green House Gases | |
| 650 | 4 | |a Decarbonizing | |
| 650 | 4 | |a Electric Vehicles | |
| 650 | 4 | |a Environment | |
| 650 | 4 | |a Environmental Economics and Policies | |
| 650 | 4 | |a Environmental Policy | |
| 650 | 4 | |a Gender | |
| 650 | 4 | |a Hybrid Vehicles | |
| 650 | 4 | |a Passenger Vehicle Emissions | |
| 650 | 4 | |a Vehicle Tax | |
| 700 | 1 | |a Linn, Joshua |e Sonstige |4 oth | |
| 700 | 1 | |a Steinbuks, Jevgenijs |e Sonstige |4 oth | |
| 856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-10001 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-034342290 | |
Datensatz im Suchindex
| _version_ | 1812671838971494400 |
|---|---|
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Callejas, Jeronimo |
| author_facet | Callejas, Jeronimo |
| author_role | aut |
| author_sort | Callejas, Jeronimo |
| author_variant | j c jc |
| building | Verbundindex |
| bvnumber | BV049080399 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)077917995 (OCoLC)1392136082 (DE-599)KEP077917995 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/1813-9450-10001 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a22000001c 4500</leader><controlfield tag="001">BV049080399</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">230731s2022 xxu|||| o||u| ||||||eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-10001</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)077917995</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1392136082</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP077917995</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Callejas, Jeronimo</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries</subfield><subfield code="b">Evidence from Colombia</subfield><subfield code="c">Jeronimo Callejas</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2022</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (41 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">Developing countries face a major challenge of decarbonizing their light-duty vehicle fleet and transitioning to the broad use of electric vehicles. However, there is little evidence on which policies can most effectively facilitate that transition in these countries, distinguished by relatively low-income consumers and highly concentrated markets that distort vehicle markups. This paper analyzes existing and proposed policies aiming to reduce emissions from new passenger vehicles in Colombia, which has used preferential sales taxes and import tariffs to stimulate hybrid and electric cars sales. Using highly detailed data on vehicle purchases and attributes, the paper estimates an equilibrium model of Colombia's market that includes a random-coefficients logit demand structure and endogenizes firms' markups. Using the model to simulate policies, the analysis finds that Colombia's sales tax and import tariffs have increased hybrid and electric vehicle market shares by 0.9 to 2.7 percentage points at welfare costs of USD 40-USD 48 per ton of carbon dioxide reduction. Potentially taxing carbon dioxide emissions rates of new vehicles would have roughly similar welfare costs. The high welfare costs of these policies arise from preexisting distortions caused by market power, which yields large private welfare costs of shifting from gasoline to hybrid and electric vehicles</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Carbon Policy and Trading</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Climate Change Mitigation and Green House Gases</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Decarbonizing</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Electric Vehicles</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Environment</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Environmental Economics and Policies</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Environmental Policy</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Gender</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Hybrid Vehicles</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Passenger Vehicle Emissions</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Vehicle Tax</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Linn, Joshua</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Steinbuks, Jevgenijs</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/1813-9450-10001</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-034342290</subfield></datafield></record></collection> |
| id | DE-604.BV049080399 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2024-10-12T04:02:56Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034342290 |
| oclc_num | 1392136082 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource (41 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2022 |
| publishDateSearch | 2022 |
| publishDateSort | 2022 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Callejas, Jeronimo Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia Carbon Policy and Trading Climate Change Mitigation and Green House Gases Decarbonizing Electric Vehicles Environment Environmental Economics and Policies Environmental Policy Gender Hybrid Vehicles Passenger Vehicle Emissions Vehicle Tax |
| title | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia |
| title_auth | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia |
| title_exact_search | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia |
| title_exact_search_txtP | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia |
| title_full | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia Jeronimo Callejas |
| title_fullStr | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia Jeronimo Callejas |
| title_full_unstemmed | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries Evidence from Colombia Jeronimo Callejas |
| title_short | Welfare and Environmental Benefits of Electric Vehicle Tax Policies in Developing Countries |
| title_sort | welfare and environmental benefits of electric vehicle tax policies in developing countries evidence from colombia |
| title_sub | Evidence from Colombia |
| topic | Carbon Policy and Trading Climate Change Mitigation and Green House Gases Decarbonizing Electric Vehicles Environment Environmental Economics and Policies Environmental Policy Gender Hybrid Vehicles Passenger Vehicle Emissions Vehicle Tax |
| topic_facet | Carbon Policy and Trading Climate Change Mitigation and Green House Gases Decarbonizing Electric Vehicles Environment Environmental Economics and Policies Environmental Policy Gender Hybrid Vehicles Passenger Vehicle Emissions Vehicle Tax |
| url | https://doi.org/10.1596/1813-9450-10001 |
| work_keys_str_mv | AT callejasjeronimo welfareandenvironmentalbenefitsofelectricvehicletaxpoliciesindevelopingcountriesevidencefromcolombia AT linnjoshua welfareandenvironmentalbenefitsofelectricvehicletaxpoliciesindevelopingcountriesevidencefromcolombia AT steinbuksjevgenijs welfareandenvironmentalbenefitsofelectricvehicletaxpoliciesindevelopingcountriesevidencefromcolombia |