Arbeitspapier
Climate, Technology and Value: Insights from the First Decade with Mass-Consumption of Electric Vehicles
We investigate empirically whether the market value of electric vehicles, which have rapid technological progress, decline faster over their lifetime than gasoline vehicles, which is a mature technology. We use novel data from the market with the highest market shares for electric vehicles in the world, Norway, from the largest web platform for secondhand vehicles for 2011-2021. The price path of electric vehicles declines faster than gasoline vehicles. This seems to be driven by the electric vehicles with below median driving range. We hypothesize that the large price drop is mainly due to the fast technological improvement of electric vehicles.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 9814
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Industry Studies: Manufacturing: General
Automobiles; Other Transportation Equipment; Related Parts and Equipment
Technological Change: Choices and Consequences; Diffusion Processes
Environmental Economics: Technological Innovation
- Thema
-
energy transition
price
technological progress
low-carbon technologies
electric vehicles
secondhand market
climate policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Andreassen, Gøril L.
Lind, Jo Thori
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Andreassen, Gøril L.
- Lind, Jo Thori
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2022
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