Impact Analysis of Diffusion of Electric Vehicles in Denmark
(2009)Department of Economic History
- Abstract
- This paper undertakes an impact analysis of a nation-wide diffusion of electric vehicles (EVs) at three different levels. It analyses the socio-economic costs and benefits faced by the Danish public, by comparing the environmental benefits, expressed in monetary value, with costs associated with reduced tax revenues. The paper looks to the year 2020, calculating the immediate societal costs/benefits occurring in this one point in time. The analysis shows that from a pure financial perspective EVs are not socially profitable as their reduction in environmental costs is by far offset by the decrease in tax revenues. The general assumption therefore is that this form of mitigation policy is growth restricting as the diffusion of EVs is... (More)
- This paper undertakes an impact analysis of a nation-wide diffusion of electric vehicles (EVs) at three different levels. It analyses the socio-economic costs and benefits faced by the Danish public, by comparing the environmental benefits, expressed in monetary value, with costs associated with reduced tax revenues. The paper looks to the year 2020, calculating the immediate societal costs/benefits occurring in this one point in time. The analysis shows that from a pure financial perspective EVs are not socially profitable as their reduction in environmental costs is by far offset by the decrease in tax revenues. The general assumption therefore is that this form of mitigation policy is growth restricting as the diffusion of EVs is accompanied by immediate high costs to the Danish Government. Nevertheless, one can argue that this growth restriction is only a short-term phenomenon, likely to be outweighed by other benefits in the long-term; benefits such as increased sector efficiency, spillover effects and increase in productivity growth in general. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1474757
- author
- Herynkova, Hana
- supervisor
- organization
- year
- 2009
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Electric vehicles, social costs/benefits, induced technological change, Social and economic history, Ekonomisk och social historia
- language
- English
- id
- 1474757
- date added to LUP
- 2009-06-15 00:00:00
- date last changed
- 2010-08-03 10:52:32
@misc{1474757,
abstract = {{This paper undertakes an impact analysis of a nation-wide diffusion of electric vehicles (EVs) at three different levels. It analyses the socio-economic costs and benefits faced by the Danish public, by comparing the environmental benefits, expressed in monetary value, with costs associated with reduced tax revenues. The paper looks to the year 2020, calculating the immediate societal costs/benefits occurring in this one point in time. The analysis shows that from a pure financial perspective EVs are not socially profitable as their reduction in environmental costs is by far offset by the decrease in tax revenues. The general assumption therefore is that this form of mitigation policy is growth restricting as the diffusion of EVs is accompanied by immediate high costs to the Danish Government. Nevertheless, one can argue that this growth restriction is only a short-term phenomenon, likely to be outweighed by other benefits in the long-term; benefits such as increased sector efficiency, spillover effects and increase in productivity growth in general.}},
author = {{Herynkova, Hana}},
language = {{eng}},
note = {{Student Paper}},
title = {{Impact Analysis of Diffusion of Electric Vehicles in Denmark}},
year = {{2009}},
}