Revista de Ciencias Económicas ISSN Impreso: 0252-9521 ISSN electrónico: 2215-3489

OAI: https://www.revistas.ucr.ac.cr/index.php/economicas/oai
The effect of fiscal incentives on the importation of electric vehicles in Costa Rica
PDF (Español (España))
EPUB (Español (España))

Supplementary Files

MP3 (Español (España))

Keywords

ENVIRONMENTAL POLICY
FISCAL INCENTIVES
ELECTRIC VEHICLES
TAX EXEMPTIONS
POLÍTICA AMBIENTAL
INCENTIVOS FISCALES
VEHÍCULOS ELÉCTRICOS
EXONERACIÓN DE IMPUESTOS

How to Cite

Mora, M., & Lafuente, F. (2024). The effect of fiscal incentives on the importation of electric vehicles in Costa Rica. Revista De Ciencias Económicas, 42(1). https://doi.org/10.15517/rce.v42i1.57922

Abstract

Starting in 2018, the Costa Rican Government implemented several incentives to promote the adoption of electric vehicles in the country. This study aims to estimate the effect of the fiscal incentives established in the “Law of incentives and promotion for electric transport” on the importation of brand-new electric vehicles between 2010 and 2021, using a negative binomial multiple regression model. The results show that tax exemptions have a positive and significant effect on the importation of electric vehicles; however, this effect is insufficient to meet the decarbonization goals set by the country.

https://doi.org/10.15517/rce.v42i1.57922
PDF (Español (España))
EPUB (Español (España))

References

Banco Central de Costa Rica. (2022). Producto interno bruto a precios corrientes en dólares. [Dataset]. https://www.bccr.fi.cr/indicadores-economicos/producción-y-empleo

Bjerkan, K., Nørbech, T., & Nordtømme, M. (2016). Incentives for promoting Battery Electric Vehicle (BEV) adoption in Norway. Transportation Research Part D: Transport And Environment, 43, 169–180. https://doi.org/10.1016/j.trd.2015.12.002

Diamond, D. (2009). The impact of government incentives for hybrid-electric vehicles: Evidence from US states. Energy Policy, 37(3), 972–983. https://doi.org/10.1016/j.enpol.2008.09.094

Greene, W. (2003). Econometric analysis (5ta ed.). Prentice Hall.

Greene, W. (2018). Econometric analysis (8va ed.). Pearson.

Instituto Nacional de Estadística y Censos. (2023). Costa Rica. Vehículos automotores en circulación, según estilo, 2017–2022. [Dataset]. https://inec.cr/estadisticas-fuentes/anuarios-estadisticos

Jenn, A., Azevedo, I., & Ferreira, P. (2013). The impact of federal incentives on the adoption of hybrid electric vehicles in the United States. Energy Economics, 40, 936–942. https://doi.org/10.1016/j.eneco.2013.07.025

Jenn, A., Springel, K., & Gopal, A. (2018). Effectiveness of electric vehicle incentives in the United States. Energy Policy, 119, 349–356. https://doi.org/10.1016/j.enpol.2018.04.065

Lévay, P., Drossinos, Y., & Thiel, C. (2017). The effect of fiscal incentives on market penetration of electric vehicles: A pairwise comparison of total cost of ownership. Energy Policy, 105, 524–533. https://doi.org/10.1016/j.enpol.2017.02.054

Liu, X., Sun, X., Zheng, H., & Huang, D. (2021). Do policy incentives drive electric vehicle adoption? Evidence from China. Transportation Research Part A: Policy And Practice, 150, 49–62. https://doi.org/10.1016/j.tra.2021.05.013

Ministerio de Ambiente y Energía, & Programa de las Naciones Unidas para el Desarrollo. (2015). Plan Nacional de Energía 2015-2030. https://cambioclimatico.go.cr/wp-content/uploads/2018/08/VII_Plan_Nacional_de_Energia_2015-2030.pdf

Ministerio de Ambiente y Energía. (2019). Plan Nacional de Descarbonización. https://minae.go.cr/images/pdf/Plan-de-Descarbonizacion-1.pdf

Ministerio de Ambiente y Energía. (2023). Vehículos eléctricos en Costa Rica. https://energia.minae.go.cr/?p=5634

Procuraduría General de la República. (2021). Incentivos y promoción para el transporte eléctrico N° 9518. La Gaceta, 92.

Refinadora Costarricense de Petróleo. (2018). Plan de descarbonización del sector transporte terrestre. https://www.recope.go.cr/wp-content/uploads/2019/03/RECOPE-PLAN-DE-DESCARBONIZACION-DEL-SECTOR-TRANSPORTE-TERRESTRE_VF.pdf

Revisión Técnica Vehicular. (2022). Anuario Revisión Técnica Vehicular 2021. https://www.rtv.co.cr/anuarios/

Rivera, D. (2019). Factores determinantes en la demanda de vehículos eléctricos en Costa Rica [Tesis de Maestría, Centro Agronómico Tropical de Investigación y Enseñanza]. Repositorio institucional del CATIE https://repositorio.catie.ac.cr/handle/11554/9200

Urrutia-Mosquera, J., & Fábrega, J. (2021). Impact of fiscal incentives in the consumption of low emission vehicles. Case Studies On Transport Policy, 9(3), 1151–1159. https://doi.org/10.1016/j.cstp.2021.06.003

Wooldridge, J. (2010). Introducción a la econometría: Un enfoque moderno (4ta ed.). Cengage Learning.

Comments

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 Unported License.

Copyright (c) 2024 Mónica Mora, Fernanda Lafuente

Downloads

Download data is not yet available.