ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades
Green Car Congress
MARCH 25, 2019
Under the federal program, buyers could get a $3,500 or $4,500 rebate, depending on how much more efficient their new car was. Wiles, Sungho Park (2018) “Trading on Up: An Examination of Factors Influencing the Degree of Upgrade: Evidence from Cash for Clunkers” Journal of Marketing doi: 10.1177/0022242918809380. Chadwick J.
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