Causality in Oregon’s Electric Vehicle Market
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Date
2022-05
Authors
Potts, Aidan
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
As the electric vehicle market matures in Oregon, examining successful policies and market dynamics is essential to maintain the healthy economic growth in this industry. Oregon has been a leader among other states in promoting electric vehicle adoption through various rebates, tax credits, initiatives, installing charging infrastructure, and expanding consumer awareness. I aim to critically analyze the specific causal impact that policy-driven charging initiatives have on electric vehicle demand in Oregon. As the electric vehicle market has grown, the various factors influencing consumer decision-making have become more complicated, and causality is not simply estimated. After analyzing the causal impact that chargers have on new electric vehicle purchases using a synthetic control model and a lagged OLS estimation, it appears that heterogeneity and indirect network effects have a significant impact on Oregon’s electric vehicle market.
Description
38 pages
Keywords
Auto Manufacturing, Electric Vehicles, Electric Vehicles, Oregon, Economics, Synthetic Control, Market Analysis, Causality