Analysis of the Policy Effect of “Automobile Go to Countryside” and Relative Suggestions
- 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/).
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 -