Work detail

How effective are subsidies for electric vehicles? An evaluation of Czech policy

Author: Bc. Jonáš Čekal
Year: 2022 - summer
Leaders: Petr Pleticha
Work type: Bachelors
Language: English
Pages: 56
Awards and prizes:
Abstract: This thesis deals with the effectiveness of Czech electromobility support. First
programs to incentivize electric vehicle purchases were introduced by two Czech
ministries in 2016 with grants available until the end of 2021. To estimate the
effect of Czech incentives on electric vehicle sales, generalized difference-indifferences design is used. The estimation employs two-way fixed effects model
with annual and monthly data spanning over 2015-2021. Estonia, Latvia,
Lithuania and Poland were chosen to serve as a control group with electric
vehicle market share and electric vehicle registrations as the dependent variables. The results are ambiguous and do not suggest a clear link between the
investigated variables and the subsidies. A more detailed dataset would be
needed to conduct a definitive impact evaluation.


Česká Spořitelna


Patria Finance