Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)

Analysis of the Policy Effect of “Automobile Go to Countryside” and Relative Suggestions

Authors
Xinxin Zheng
Corresponding Author
Xinxin Zheng
Available Online 30 November 2020.
DOI
10.2991/aebmr.k.201128.086How to use a DOI?
Keywords
vehicle policy, incentives, consumer awareness
Abstract

From 2008 to 2010, the Chinese government launched an “Automobile Go to Countryside” policy to encourage residents in rural areas to purchase vehicles with a displacement of 1.3L or less. I evaluate the effect of this policy on car sales using the difference-in-differences design that combines differences across time and car sizes. The estimates suggest that sales volume of cars with displacements less than 1.3L sold after the policy increase by approximately 16.09% relative to cars with displacements larger than 1.3L. Furthermore, the heterogeneous effects of this policy suggests that the resident’s ownership of cars, changes in oil prices and related manufacturers will also play a positive or negative role in the effect of the policy.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2020
ISBN
10.2991/aebmr.k.201128.086
ISSN
2352-5428
DOI
10.2991/aebmr.k.201128.086How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Xinxin Zheng
PY  - 2020
DA  - 2020/11/30
TI  - Analysis of the Policy Effect of “Automobile Go to Countryside” and Relative Suggestions
BT  - Proceedings of the 2020 2nd International Conference on Economic Management and Cultural Industry (ICEMCI 2020)
PB  - Atlantis Press
SP  - 448
EP  - 457
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201128.086
DO  - 10.2991/aebmr.k.201128.086
ID  - Zheng2020
ER  -