第43期:Shifting toward Luxury Cars: The Price Effect of Beijing’s Vehicle Lottery System

发布者:朱竹青发布时间:2021-11-22浏览次数:450

摘要

This paper investigates changes in the composition of new vehicle fleets after Beijing in 2011 implemented a vehicle lottery system (VLS). We find that the VLS increased purchases of cars that are heavier, have larger engines, and are less fuel-efficient. We highlight that the change was associated with a greater reduction in the retail price of luxury cars after the VLS. Given that the decrease in the overall fuel efficiency of the new fleet may partially offset the policy goal of emission elimination, we propose a a progressive consumption tax—that could save gas consumption by 48,822,607 liters a year while achieving the same target of controlling vehicle growth.

 

主讲人介绍

吴迪  国际商学院助理教授

毕业于美国俄亥俄州立大学,获得应用经济学博士学位,现为浙江工商大学国际商学院教师。研究方向包括家庭金融、发展经济学以及数量经济学。主讲财政学、应用计量、数量经济学等课程。


时间:2021年11月25日

地点: 综合楼741