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Electric Vehicles: Exploring The Granularity In California Zip Codes, Hans Melvern Kasim
Electric Vehicles: Exploring The Granularity In California Zip Codes, Hans Melvern Kasim
CMC Senior Theses
This paper studies a number of factors that affect electric vehicle (EV) sales in California. In comparison to previous papers, this paper examines EV sales at a higher granularity by using zip code level data. My model utilizes a panel fixed effect to examine factors like income, energy prices, commute time, number of chargers and tax rebates. The results show that the number of chargers (specifically DC fast), commute time, and tax rebates have the greatest statistically significant effects on EV sales in California. Furthermore, I utilize an empirical specification - a conditional logit model accounting for zip code fixed …
Do Inclusionary Zoning Ordinances Restrict Housing Supply: An Instrumental Variable Approach Using Evidence From California, Liam James
CMC Senior Theses
Do inclusionary zoning (IZ) ordinances restrict the supply of housing, putting undue upward pressure on prices? Using an improved version of the California Coalition of Rural Housing database, we use OLS and 2SLS methods to estimate the effect of IZ policies on supply. In demonstrating the endogeneity of OLS, we address this concern through the use of differences in two-party voter registration as an instrument for the presence of an inclusionary zoning ordinance. We find no evidence consistent with a clear restrictive effect of these policies.
Driven By Change: The Impact Of Macroeconomic Shifts And Covid-19 On New Vehicle Sales, Jackson Aldrich
Driven By Change: The Impact Of Macroeconomic Shifts And Covid-19 On New Vehicle Sales, Jackson Aldrich
CMC Senior Theses
This paper examines the impact of macroeconomic factors and the COVID-19 pandemic on new vehicle sales. In order to address these two topics, a two-pronged approach was used with separate regression models. The macroeconomic variables include monthly supply of new homes, CPI for urban public transportation, unemployment rate, disposable personal income, inflation expectation, consumer sentiment, average gas prices, and total vehicle miles traveled which were regressed on total vehicle sales from 1978-2022. The regression results confirmed and supported current literature and highlighted the importance of the housing market and unemployment rate on new vehicle sales. The COVID-19 pandemic model variables …
Determinants And Effects Of Offset Usage Within The California Cap-And-Trade System – A Firm-Level Analysis, Adarsh Srinivasan
Determinants And Effects Of Offset Usage Within The California Cap-And-Trade System – A Firm-Level Analysis, Adarsh Srinivasan
CMC Senior Theses
This thesis examines the determinants of the usage of carbon offsets within the California cap-and-trade program for greenhouse gas emissions. It also investigates the relationship between a firm’s investment in offsets and its financials for publicly traded companies. Entity-level data from 2013 to 2020 was used, which was sourced from the California Air Resources Board. Multiple regression analysis was used to investigate factors that correlated with offset usage and whether offset usage correlated with EBITDA. Dummy variables indicating geographic location and economic sector of each entity were used as controls. The analysis found that total covered emissions and privately owned …