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Abatement Strategies and the Cost of Environmental Regulation: Emission Standards on the European Car Market

机译:减排策略与环境监管成本:欧洲汽车市场排放标准

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This article studies the introduction of an EU-wide emission standard on the automobile market. Using panel data from 1998 to 2011, I find that firms decreased emission ratings by 14%. Firms use technology adoption and gaming of emission tests to decrease emissions, rather than shifting the sales mix or downsizing. I find that the standard missed its emission target, and from estimating a structural model, I find that the standard was not welfare improving. The political environment in the EU shaped the design and weak enforcement and resulted in firms' choices for abatement by technology adoption and gaming.
机译:本文研究在汽车市场上引入欧盟范围内的排放标准。使用1998年至2011年的面板数据,我发现企业的排放评级下降了14%。公司使用技术采用和排放测试游戏来减少排放,而不是改变销售组合或缩小规模。我发现该标准没有达到其排放目标,通过估算结构模型,我发现该标准没有改善福利。欧盟的政治环境塑造了这种设计和薄弱的执法,并导致企业选择通过技术采用和博弈来减排。

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