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  4. Consumers' preferences on the Swiss car market: A revealed preference approach
 
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Consumers' preferences on the Swiss car market: A revealed preference approach

Auteur(s)
Weber, Sylvain 
Institut de recherches économiques 
Date de parution
2019-3
In
Transport Policy
No
75
De la page
109
A la page
118
Revu par les pairs
1
Mots-clés
  • Willingness-to-pay

  • Engine fuel efficienc...

  • Car weight

  • Horsepower

  • Rebound effect

Résumé
This paper investigates demand responses to variations in the characteristics of the vehicles. Our investigation is based on number of sales for each model marketed over the period 2006–2015 in Switzerland, and puts particular emphasis on fuel efficiency, curb weight, horsepower, and the potential interactions between these attributes. We find that market shares are significantly higher for more efficient and powerful vehicles, while light cars are preferred to heavy ones. Our results also point to a gradual increase of sensitivity to fuel efficiency over the last decade. However, interaction effects between engine fuel efficiency and power indicate a lower marginal valuation of fuel efficiency in the market segments for relatively powerful cars, hence a lower sensitivity to fuel efficiency among the consumers with the highest potential for polluting emissions. Also, these findings point to potential rebound effects, where consumers give up part of the expected fuel savings by purchasing more powerful vehicles.
Lié au projet
Energy Efficiency and Energy Demand: Structural Analysis of Rebound Effects 
URI
https://libra.unine.ch/handle/123456789/26783
DOI
10.1016/j.tranpol.2019.01.008
Autre version
https://doi.org/10.1016/j.tranpol.2019.01.008
Type de publication
Resource Types::text::journal::journal article
Dossier(s) à télécharger
 main article: 2020-07-29_1133_3110.pdf (1.61 MB)
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