BC3. Basque centre for climate change – Klima aldaketa ikergai

  1. Inicio
  2. Publicaciones
  3. Working papers

Publicaciones

BC3 Working papers

BC3 Policy briefings

Working papers also included in

Consumer purchases of energy-efficient cars: behavioural implications for policy

Palabras clave: energy efficiency, car segments, price elasticities of demand, labelling

Autor(es): Ibon Galarraga, Josu Lucas and Steffen Kallbekken

Fecha: 2018-05-03

Número: 2018/01

  Descargar este Working Paper (PDF) (533 KB.)


Improved energy efficiency can help reduce pollution, contribute to energy security, and help consumers save money. This paper explores car purchasing behaviour in order to draw implications for designing policies that will increase the demand for energy-efficient cars. To that end we calculate own and cross price elasticities of demand for cars with efficiency labels in the Spanish car market. The results show that the elasticities depend on assumptions about how consumers decide what car to purchase. If consumers are concerned about the absolute energy performance of cars independently of other attributes, demand for more efficient cars is more elastic than demand for less efficient cars. If consumers choose the car segment first and then the energy performance, the opposite result is found. The results suggest that both relative and absolute labelling schemes can be useful, depending on how consumers make their decisions. It might also be possible to design a mixed system.

<< Volver al listado de WP








[X]
Utilizamos cookies propias y de terceros para mejorar nuestros servicios y poder ofrecerle las mejores opciones mediante el análisis de la navegación.
Si continua navegando, consideramos que acepta su uso. Para más información pulse aquí.