Monday, September 21, 2009

The quant results are in for Cash for Clunkers

Is CARS a Clunker?Abrams and Parsons, University of Delaware
Summary
Burton Abrams and George Parsons of the University of Delaware evaluate the efficiency of the recently introduced 'Cash for Clunkers' program and conclude that the cost exceeds the benefit by approximately $2000 per vehicle.
Recommended Citation
Abrams, Burton A. and Parsons, George R. (2009) "Is CARS a Clunker?," The Economists' Voice: Vol. 6 : Iss. 8, Article 4.
DOI: 10.2202/1553-3832.1638
Available at: http://www.bepress.com/ev/vol6/iss8/art4
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)