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Title:

Benefits and Costs of Electric Vehicles for the Public Finances: Integrated Valuation Model and Application to France
Cover of Benefits and Costs of Electric Vehicles for the Public Finances: Integrated Valuation Model and Application to France

Accession Number:

01478558

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The upcoming launch of electric vehicles has financial impact on the public budget of a given country. Replacing a combustion engine vehicle by an electric vehicle entails fiscal effects not only due to announced supportive policy measures but also due to industrial factors that reflect changes in the manufacturing of a vehicle and in the provision of products and services throughout the vehicle’s operating life. Existing financial analyses have so far either only focused on the obvious, direct financial impacts resulting from policy measures, or have taken a socio-economic welfare approach incorporating environmental costs and benefits. Industrial factors have, to the authors' knowledge, been left aside so far. This study delivers an exhaustive economic analysis taking all direct and indirect financial impacts of the introduction of electric vehicles on the public budget into account. Direct impacts refer to financial transfers due to subsidies and tax breaks. Indirect impacts refer to industrial factors which entail implications for i) the employment situation and therefore for salaries, social contributions by employers and employees and unemployment benefits and ii) tax revenues on the consumption side and the production side. The valuation method is based on an input-output model of the productive economy, combined with mechanisms of fiscal and social transfer. The methodology is applied to France. Scenarios that vary assumptions on whether vehicle manufacturing and usage is taking place in- or outside the country are developed and analyzed by their fiscal impact on the public budget.

Supplemental Notes:

This paper was sponsored by TRB committee ABE20 Transportation Economics.

Monograph Accession #:

01470560

Report/Paper Numbers:

13-2521

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Leurent, Fabien
Windisch, Elisabeth

Pagination:

16p

Publication Date:

2013

Conference:

Transportation Research Board 92nd Annual Meeting

Location: Washington DC, United States
Date: 2013-1-13 to 2013-1-17
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

References; Tables

Geographic Terms:

France

Subject Areas:

Economics; Finance; Highways; I10: Economics and Administration

Source Data:

Transportation Research Board Annual Meeting 2013 Paper #13-2521

Files:

PRP, TRIS, TRB, ATRI

Created Date:

Feb 5 2013 12:32PM