气候变化领域集成服务门户(CCPortal): The effect of record-high gasoline prices on the consumers? new energy vehicle purchase intention: Evidence from the uniform experimental design

CCPortal

DOI	10.1016/j.enpol.2023.113500
	The effect of record-high gasoline prices on the consumers? new energy vehicle purchase intention: Evidence from the uniform experimental design
	Sun, Huiqian; Jing, Peng; Wang, Baihui; Cai, Yunhao; Ye, Jie; Wang, Bichen
发表日期	2023
ISSN	0301-4215
EISSN	1873-6777
卷号	175 页码:13
英文摘要	Geopolitical conflicts and military actions pushed gasoline prices in China into the highest from March to April 2022 for the first time. We aim to quantitatively understand how the rising gasoline and vehicle prices affect consumers' vehicle purchase intention with different demographic characteristics simultaneously. The study applies Wilcoxon signed-rank test and Panel Data Mixed Logit model to analyze the data from the uniform experimental design. We subdivide the respondents into three groups: fuel vehicle owners, new energy vehicle owners, and car-free individuals. The findings show that if the maximum increase price of pure energy vehicles does not exceed 27,000 CNY, fuel vehicle owners will still be inclined to purchase pure energy vehicles, accompanied by China's 95 gasoline rising from 8.44 on February 18th to 9.41 CNY per liter on April 1st, 2022. However, the increasing prices are 25,000 and 22,000 CNY, which will offset the impact of rising gasoline prices on new energy vehicle owners and car-free individuals. The results have implications for introducing fuel tax to cope with adverse changes in consumers' vehicle purchase intention. The study provides theoretical support for analyzing consumers' travel behavior and vehicle purchase intention when gasoline prices have huge fluctua-tions in the future.
英文关键词	Record -high gasoline prices; Rising vehicle prices; Vehicle purchase intention; Travel behavior; New energy vehicles
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000946642800001
来源期刊	ENERGY POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/272176
作者单位	Jiangsu University
推荐引用方式 GB/T 7714	Sun, Huiqian,Jing, Peng,Wang, Baihui,et al. The effect of record-high gasoline prices on the consumers? new energy vehicle purchase intention: Evidence from the uniform experimental design[J],2023,175:13.
APA	Sun, Huiqian,Jing, Peng,Wang, Baihui,Cai, Yunhao,Ye, Jie,&Wang, Bichen.(2023).The effect of record-high gasoline prices on the consumers? new energy vehicle purchase intention: Evidence from the uniform experimental design.ENERGY POLICY,175,13.
MLA	Sun, Huiqian,et al."The effect of record-high gasoline prices on the consumers? new energy vehicle purchase intention: Evidence from the uniform experimental design".ENERGY POLICY 175(2023):13.