| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20349 |
| 来源ID | Working Paper 20349 |
| Cash for Corollas: When Stimulus Reduces Spending | |
| Mark Hoekstra; Steven L. Puller; Jeremy West | |
| 发表日期 | 2014-07-31 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | The 2009 Cash for Clunkers program aimed to stimulate consumer spending in the new automobile industry, which was experiencing disproportionate reductions in demand and employment during the Great Recession. Exploiting program eligibility criteria in a regression discontinuity design, we show nearly 60 percent of the subsidies went to households who would have purchased during the two-month program anyway; the rest accelerated sales by no more than eight months. Moreover, the program’s fuel efficiency restrictions shifted purchases toward vehicles that cost on average $5,000 less. On net, Cash for Clunkers significantly reduced total new vehicle spending over the ten month period. |
| 主题 | Public Economics ; Taxation ; Industrial Organization ; Regulatory Economics ; Environmental and Resource Economics ; Energy |
| URL | https://www.nber.org/papers/w20349 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578022 |
| 推荐引用方式 GB/T 7714 | Mark Hoekstra,Steven L. Puller,Jeremy West. Cash for Corollas: When Stimulus Reduces Spending. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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