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Synthetic Control Analysis:Impact of Sweden’s Incentive Abolishment on Electric Vehicle Demand : Does the discontinuation of the bonus policy affect the demand of electrical vehicles in Sweden?

In November 2022, the Swedish government decided to abolish the electric vehicle (EV) policyincentive “Klimatbonus”. We create a synthetic control group based on other countries withsimilar continuous policies to gauge the outcome of EV registration in Sweden had theabolishment not occurred. The purpose of this study was to estimate whether this decision hasgenerated a significant post-abolishment impact on the demand for EVs in the Swedish carmarket. Our findings show that even though the demand has decreased, the result is statisticallyinsignificant. We conclude the policymakers have correctly estimated that the effects ondemand will be small. With this study, we contribute to evaluating the treatment effects ofabolished EV policies.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:hj-64394
Date January 2024
CreatorsJulia, Lundqvist, Pontus, Hjort
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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