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Scrappage by age: Cash for Clunkers matters!

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dc.contributor.authorLaborda, Juan
dc.contributor.authorMoral, María J.
dc.contributor.orcidhttps://orcid.org/0000-0002-0966-7034
dc.date.accessioned2024-10-18T16:42:45Z
dc.date.available2024-10-18T16:42:45Z
dc.date.issued2019-06-13
dc.descriptionThe registered version of this article, first published in Transportation Research Part A: Policy and Practice, is available online at the publisher's website: Elsevier, https://doi.org/10.1016/j.tra.2019.04.014
dc.descriptionLa versión registrada de este artículo, publicado por primera vez en Transportation Research Part A: Policy and Practice, está disponible en línea en el sitio web del editor: Elsevier, https://doi.org/10.1016/j.tra.2019.04.014
dc.description.abstractThis study assesses the effect of tax incentives on scrappage in periods of both economic expansion and crisis. Although such incentives are common during a recession, they may also be useful in renewing the vehicle fleet during other periods in order to reduce pollution and improve road safety. The present analysis is based on panel data covering the period from 2011 to 2017 in Spain, where several schemes were intermittently implemented. Using duration models, we specify the scrappage rate as a function of car age and other factors related to business cycle and transportation sector. On the base of this specification, we control for tax incentives. Our results confirm the relevant impact of car age and scrappage schemes on the scrappage rate and, consequently, on fleet age distribution. Therefore, cash for clunkers schemes may be of interest to policymakers as part of a strategy to reduce pollution and road accidents, regardless of the stage of the business cycle.en
dc.description.versionversión final
dc.identifier.citation"Laborda, J. y María J. Moral, 2019, ""Scrappage by age: Cash for Clunkers matters!"", Transportation Research Part A: Policy and Practice 124, 488-504. https://doi.org/10.1016/j.tra.2019.04.014
dc.identifier.doihttps://doi.org/10.1016/j.tra.2019.04.014
dc.identifier.issn1879-2375
dc.identifier.urihttps://hdl.handle.net/20.500.14468/24083
dc.journal.titleTransportation Research Part A: Policy and Practice
dc.journal.volume124
dc.language.isoen
dc.page.final504
dc.page.initial488
dc.publisherElsevier
dc.relation.centerFacultades y escuelas::Facultad de Ciencias Económicas y Empresariales
dc.relation.departmentEconomía Aplicada
dc.rightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/deed.es
dc.subject53 Ciencias Económicas
dc.subject.keywordscash-for-clunkersen
dc.subject.keywordsscrappageen
dc.subject.keywordstransport policyen
dc.subject.keywordsemissionsen
dc.subject.keywordsbusiness cycleen
dc.subject.keywordsvehicle ageen
dc.titleScrappage by age: Cash for Clunkers matters!en
dc.typeartículoes
dc.typejournal articleen
dspace.entity.typePublication
relation.isAuthorOfPublication6c3ad27b-bbd9-44ce-a1e4-0854f96ceb26
relation.isAuthorOfPublication.latestForDiscovery6c3ad27b-bbd9-44ce-a1e4-0854f96ceb26
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