Seminarium z udziałem prof. Mateusza Myśliwskiego (NHH Norwegian School of Economics) - 2.06

Prof. Mateusz Myśliwski (NHH Norwegian School of Economics) gości na Wydziale Nauk Ekonomicznych UW. Tytuł wystąpienia „Charging the Elephant in the Room: EV Incentives, Market Power, and Externalities“.

Prof. Myśliwski koncentruje się na ekonomii konkurencji oraz zagadnieniach z pogranicza teorii organizacji przemysłowej. W pracy badawczej analizuje m. in., jak strategiczne wybory przedsiębiorstw wpływają na ich rentowność i konkurencyjność oraz w jaki sposób polityka biznesowa oraz regulacje ochrony konkurencji kształtują rynki i działające na nich firmy.

Zapraszamy – godz. 17:00, Aula A (WNE).

Zachęcamy do zapoznania się z abstraktem wystąpienia, dostępnym poniżej.

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Abstrakt

We investigate the effectiveness of various tax instruments in correcting the environmental externalities (CO2 emissions, accidents, local and non-exhaust pollutants) in the Norwegian car market. Utilizing a model of household decisions on vehicle purchase and kilometers driven, we find that vehicle demand is highly responsive to price, with an estimated price elasticity of -3.8. Driving behavior is less sensitive to per-kilometer costs, with estimated elasticities ranging between -0.4 and -0.5. A central finding of the study is the critical role of market power; multi-product manufacturers set sizable markups (≈ 30%) that significantly exceed social marginal costs and curtail new-car sales. Furthermore, the analysis reveals that accounting for driving heterogeneity and spatial heterogeneity is essential for addressing distributional concerns in policy design. While Norway's current regime of high registration taxes and broad electric vehicle (EV) exemptions successfully drove adoption, there seems to be a road for improvement; it performs worse than a no-tax benchmark due to fiscal costs and distorted allocations. Additionally, while weight-based taxes can target non-exhaust emissions, the engine type remains the primary driver of external costs, and corrective measures must be carefully balanced against existing market power distortions.