@inproceedings{e8682491354a421090532add223ea7a1,
title = "Eco-friendly car policy: Targeted and spillover effects",
abstract = "To bolster the automobile industry while stemming environmental side-effects, governments worldwide have developed various institutional policies. In this study, we examine the effectiveness of an institutional policy-Tax-reduction for Low-emission Vehicles Policy-implemented in China automobile market. We find that the institutional policy has positive targeted effect on small-engine cars and negative spillover effect on big-engine cars. We also find the positive targeted effect was driven by sales in smaller cities, while the negative spillover effect was attributed to sales in larger metropolitan cities and occurredmostly for non-indigenous car brands.",
keywords = "Automobile market, Institutional policy, Spillover effect, Targeted effect",
author = "Chenxi Li and Xueming Luo and Yiping Song and Phang, {Chee Wei}",
note = "Publisher Copyright: {\textcopyright} Springer-Verlag Berlin Heidelberg 2015.; 9th International Conference on Management Science and Engineering Management, ICMSEM 2015 ; Conference date: 21-07-2015 Through 23-07-2015",
year = "2015",
doi = "10.1007/978-3-662-47241-5_103",
language = "English",
series = "Advances in Intelligent Systems and Computing",
publisher = "Springer Verlag",
pages = "1225--1237",
editor = "Machado, {Virgilio Cruz} and Jiuping Xu and Stefan Nickel and Asaf Hajiyev",
booktitle = "Proceedings of the 9th International Conference on Management Science and Engineering Management",
address = "Germany",
}
