The impact of fuel availability on demand for alternative-fuel vehicles |
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Authors: | Martin Achtnicht Georg BühlerClaudia Hermeling |
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Institution: | Centre for European Economic Research, L7, 1, D-68161 Mannheim, Germany |
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Abstract: | We study the impact of fuel availability on demand for alternative-fuel vehicles, using data from a survey of potential car buyers in Germany. The survey was conducted as a computer-assisted personal interview and included a choice experiment involving cars with various fuel types. Applying a standard logit model, we show that alternative fuel availability influences choices positively, but its marginal utility diminishes with supply. Furthermore, we derive consumers’ marginal willingness-to-pay for an expanded service station network. The results suggest that a failure to expand the availability of alternative fuel stations represents a significant barrier to the widespread adoption of alternative-fuel vehicles. |
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Keywords: | Alternative automobile fuels Bio-fueled cars Alternative fuel infrastructure German car market |
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