Welfare Analysis of the Vehicle Quota System in China

Title	Welfare Analysis of the Vehicle Quota System in China
Creator	胡偉民 Xiao, Junji;Zhou, Xiaolan;Hu, Wei-Min
Contributor	財政系
Key Words	Chinese auto industry; Vehicle quota system; counterfactual analysis; discrete choice model
Date	2017-05
Date Issued	19-Feb-2016 12:39:10 (UTC+8)
Summary	This paper investigates the impact of the vehicle quota system of Shanghai, China, on two Chinese passenger vehicle markets. The empirical findings suggest that, conditional on purchase of a license in a quota system, consumers intend to purchase more expensive high-end vehicles since the customers who can afford the license are less price-sensitive. Hence, this system puts manufacturers of low-end cars at a disadvantage. A simulation of the vehicle registration tax system of Hong Kong shows that a progressive tax system is as effective as the quota system in vehicle control but also is able to protect the indigenous brands.
Relation	International Economic Review, Volume58, Issue2 , Pages 617-650
Type	article
DOI	https://doi.org/10.1111/iere.12229

dc.contributor	財政系	-
dc.creator (作者)	胡偉民	zh_TW
dc.creator (作者)	Xiao, Junji;Zhou, Xiaolan;Hu, Wei-Min	-
dc.date (日期)	2017-05	-
dc.date.accessioned	19-Feb-2016 12:39:10 (UTC+8)	-
dc.date.available	19-Feb-2016 12:39:10 (UTC+8)	-
dc.date.issued (上傳時間)	19-Feb-2016 12:39:10 (UTC+8)	-
dc.identifier.uri (URI)	http://nccur.lib.nccu.edu.tw/handle/140.119/81336	-
dc.description.abstract (摘要)	This paper investigates the impact of the vehicle quota system of Shanghai, China, on two Chinese passenger vehicle markets. The empirical findings suggest that, conditional on purchase of a license in a quota system, consumers intend to purchase more expensive high-end vehicles since the customers who can afford the license are less price-sensitive. Hence, this system puts manufacturers of low-end cars at a disadvantage. A simulation of the vehicle registration tax system of Hong Kong shows that a progressive tax system is as effective as the quota system in vehicle control but also is able to protect the indigenous brands.	-
dc.format.extent	267948 bytes	-
dc.format.mimetype	application/pdf	-
dc.relation (關聯)	International Economic Review, Volume58, Issue2 , Pages 617-650	-
dc.subject (關鍵詞)	Chinese auto industry; Vehicle quota system; counterfactual analysis; discrete choice model	-
dc.title (題名)	Welfare Analysis of the Vehicle Quota System in China	-
dc.type (資料類型)	article	-
dc.identifier.doi (DOI)	10.1111/iere.12229	-
dc.doi.uri (DOI)	https://doi.org/10.1111/iere.12229	-