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The chicken or the egg: Technology adoption and network infrastructure in the market for electric vehicles
Résumé We document non-linear stock effects in the relationship linking emerging technology adoption and network infrastructure increments. We exploit 2010-2017 data covering nascent to mature electric vehicle (EV) markets across 422 Norwegian municipalities together with two complementary identification strategies: control function regressions of EV sales on flexible polynomials in the stock of charging stations and charging points, and synthetic control methods to quantify the impact of initial infrastructure provision in municipalities that previously had none. Our results are consistent with indirect network effects and the behavioral bias called “range anxiety”, and support policies targeting early infrastructure provision to incentivize EV adoption.
   
Mots-clés Technology adoption; network externality; electric vehicles; charging infrastructure; two-sided markets; behavioral bias; range anxiety; environmental policy.
   
Citation Delacrétaz, N., Lanz, B., & van Dijk, J. (2020). The chicken or the egg: Technology adoption and network infrastructure in the market for electric vehicles. University of Neuchatel.
   
Type Working paper (Anglais)
Année 2020
Département Institute of Economic Research
Institution University of Neuchatel (Neuchatel)
Nombre de pages 47
URL https://ideas.repec.org/p/irn/wpaper/20-08.html