Subsidy programs are widely used by governments to stimulate durable goods sectors. This paper investigates the impact … of government subsidy on consumers' automobile replacement decisions in the context of the U.S. Car Allowance and Rebate … vehicles even without the subsidy, and the reductions in gasoline consumption and carbon emission are limited. To highlight the …

an electric vehicle subsidy in China, we find that subsidies strongly encourage EV purchase, but yield no notable effect …

one subsidy used to steer consumers away from outmoded technologies and accelerate the adoption of green technologies … purchasing. Leveraging a phased subsidy rollout aimed at the early-stage EV market in China and a difference … purchasing. This suggests that market expansion may result from the subsidy during the EV emergence and undermines the expected …