Date of Award
Summer 8-2-2024
Document Type
Thesis
Degree Name
Master of Arts (MA)
Department
Economics
First Advisor
Partha Deb
Second Advisor
Karna Basu
Academic Program Adviser
Karna Basu
Abstract
Countries, states, and municipalities are working to reduce greenhouse gas emissions in the transportation sector by leveraging policy incentives to promote electric vehicle (EV) adoption. I study the efficacy of state-level time-of-purchase rebate incentives in the United States between 2016 and 2022, and employ a generalized difference-in-difference two-way fixed effects model that enables causal inference. I find that EV rebate incentives cause an increase of 1 EV per 1,000 vehicles. EV rebate incentives also cause a decrease in gasoline powered vehicles by 3 vehicles per 1,000, and a decrease in diesel powered vehicles by 1 per 1,000. EV rebate incentives are effective at increasing EV adoption, and EVs are substitutes for gasoline and diesel vehicles.
Recommended Citation
Ball, William T., "Electrifying Choices: Decoding Electric Vehicle Adoption and Policy Incentives in America" (2024). CUNY Academic Works.
https://academicworks.cuny.edu/hc_sas_etds/1245