An economic analysis of environmental policy in the European market

Date: 7 May 2015

Venue: University of Antwerp, Promotiezaal Grauwzusters - Lange Sint-Annastraat 7 - 2000 Antwerp

PhD candidate: Mathias Reynaert

Principal investigator: Prof. dr. Bruno De Borger

Co-principal investigator: Prof. dr. Frank Verboven (KU Leuven)

Short description: PhD defence Mathias Reynaert - Faculty of Applied Economics

Abstract: This dissertation provides an economic analysis of environmental policy in the European car sector. Road transport is an important contributor to the problem of climate change and is responsible for about one fifth of total greenhouse gas emissions in Europe. Policy makers, in an effort to curb emissions, are actively intervening in the transport sector with taxation and regulation. In this dissertation I study the effects of the policy makers' efforts on consumers, producers and the environment. The analysis relies on an extensive data set containing quantity, prices and characteristics of all vehicles sold in eight European countries between 1998 and 2011. Throughout the analysis, I use and extend structural demand models from the empirical industrial organization literature.