Is CARS a Clunker?

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.

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Veröffentlicht in:Economists' voice 2009-08, Vol.6 (8), p.1-4
Hauptverfasser: Abrams, Burton A, Parsons, George R
Format: Artikel
Sprache:eng
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Zusammenfassung: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.
ISSN:1553-3832
1553-3832
DOI:10.2202/1553-3832.1638