LAPSE:2023.10219
Published Article

LAPSE:2023.10219
Determining Factors of Consumers’ Choice of Sport Utility Vehicles in an Isolated Energy System: How Can We Contribute to the Decarbonization of the Economy?
February 27, 2023
Abstract
This paper analyses the profile of individuals who decide to purchase a Sport Utility Vehicle (SUV) in a medium-sized isolated island system such as Tenerife Island. To achieve this objective, we used a survey conducted in 2017 to identify the characteristics of the individuals most likely to choose an SUV or another type of vehicle or be undecided. Subsequently, a discrete choice model was estimated to assess the probability that an individual chooses one of the three options as a function of their socio-economic characteristics, mobility routines, vehicle attributes and psychosocial traits. The results show the need to adopt energy policy measures related to vehicle choice, as they put the fulfilment of the decarbonization objectives for the energy transition in the Canary Islands at risk. Firstly, the authorities should carry out campaigns to achieve a more environmentally conscious behaviour by highlighting the higher consumption and emission levels of this type of vehicle. Secondly, subsidies for more efficient new vehicles and taxation should promote the purchase of low-emission vehicles to compensate for the greater willingness to pay of SUV buyers. In particular, purchase taxation should be linked to emission levels rather than only considering power, engine characteristics or labelling.
This paper analyses the profile of individuals who decide to purchase a Sport Utility Vehicle (SUV) in a medium-sized isolated island system such as Tenerife Island. To achieve this objective, we used a survey conducted in 2017 to identify the characteristics of the individuals most likely to choose an SUV or another type of vehicle or be undecided. Subsequently, a discrete choice model was estimated to assess the probability that an individual chooses one of the three options as a function of their socio-economic characteristics, mobility routines, vehicle attributes and psychosocial traits. The results show the need to adopt energy policy measures related to vehicle choice, as they put the fulfilment of the decarbonization objectives for the energy transition in the Canary Islands at risk. Firstly, the authorities should carry out campaigns to achieve a more environmentally conscious behaviour by highlighting the higher consumption and emission levels of this type of vehicle. Secondly, subsidies for more efficient new vehicles and taxation should promote the purchase of low-emission vehicles to compensate for the greater willingness to pay of SUV buyers. In particular, purchase taxation should be linked to emission levels rather than only considering power, engine characteristics or labelling.
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Keywords
car markets, discrete choice models, island regions, profiles consumers, psychosocial traits, Sport Utility Vehicles
Subject
Suggested Citation
Ramírez-Díaz AJ, Ramos-Real FJ, Rodríguez-Brito MG, Rodríguez-Donate MC, Lorente de las Casas A. Determining Factors of Consumers’ Choice of Sport Utility Vehicles in an Isolated Energy System: How Can We Contribute to the Decarbonization of the Economy?. (2023). LAPSE:2023.10219
Author Affiliations
Ramírez-Díaz AJ: Department of Computer Sciences and System Engineering, University of La Laguna, 38203 San Cristóbal de La Laguna, Spain [ORCID]
Ramos-Real FJ: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain; Institute for Social Research and Tourism, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain
Rodríguez-Brito MG: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain [ORCID]
Rodríguez-Donate MC: Department of Applied Economics and Quantitative Methods, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain
Lorente de las Casas A: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain [ORCID]
Ramos-Real FJ: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain; Institute for Social Research and Tourism, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain
Rodríguez-Brito MG: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain [ORCID]
Rodríguez-Donate MC: Department of Applied Economics and Quantitative Methods, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain
Lorente de las Casas A: Department of Economics, Accounting and Finance, University of La Laguna, 38071 San Cristóbal de La Laguna, Spain [ORCID]
Journal Name
Energies
Volume
15
Issue
17
First Page
6454
Year
2022
Publication Date
2022-09-03
ISSN
1996-1073
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Original Submission
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PII: en15176454, Publication Type: Journal Article
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LAPSE:2023.10219
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https://doi.org/10.3390/en15176454
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Feb 27, 2023
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