Accidental Environmentalists? Californian Demand for Teslas and Solar Panels / Magali A. Delmas, Matthew E. Kahn, Stephen Locke.

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Delmas, Magali A

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Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w20754.Publication details: Cambridge, Mass. National Bureau of Economic Research 2014.Description: 1 online resource: illustrations (black and white)Subject(s):

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Abstract: In the absence of a national carbon tax, household driving and electricity consumption impose social costs. Suburbanites drive more and consume more electricity than center city residents. If more suburbanites purchase electric vehicles (EV) and install solar panels, then their greenhouse gas emissions would sharply decrease. Using several data sets from California, we study the demand for electric vehicles and solar panels. We focus on the Tesla given its status as the highest quality EV. We investigate the joint distribution of the stock returns of Tesla and leading solar panel sellers to test for whether investors anticipate a complementarity in sales between these products. Finally, we use current and past vehicle quality and price data to explore trends in EV quality improvements due to industry competition between brands.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w20754 (Browse shelf(Opens below))	Not For Loan

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December 2014.

In the absence of a national carbon tax, household driving and electricity consumption impose social costs. Suburbanites drive more and consume more electricity than center city residents. If more suburbanites purchase electric vehicles (EV) and install solar panels, then their greenhouse gas emissions would sharply decrease. Using several data sets from California, we study the demand for electric vehicles and solar panels. We focus on the Tesla given its status as the highest quality EV. We investigate the joint distribution of the stock returns of Tesla and leading solar panel sellers to test for whether investors anticipate a complementarity in sales between these products. Finally, we use current and past vehicle quality and price data to explore trends in EV quality improvements due to industry competition between brands.