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Consumer Assistance to Recycle and Save Act: empirical examination of government-sponsored financial incentives

Consumer Assistance to Recycle and Save Act: empirical examination of government-sponsored... The Cash for Clunkers program is the popular nickname for the Car Allowance Rebates Program created in the Consumer Assistance to Recycle and Save Act of 2009 (CARS). A review of the applied literature on CRM, economic policy, and the newly enacted government program providing financial incentives, national identity programs and an empirical analysis, via a focused, stratified approach to measure personal reactions to government goals and rebates conducted in companies representative of the service industries located in the metropolitan section of Akron, OH. It was found that potential customers are more likely to purchase a vehicle under the CARS program if they had a political view that found it appropriate for government to offer such financial incentives to increase fuel efficiency; however, this was not true for the other reasons, such as to stimulating the automobile industry, helping the environment, and providing for the needy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Electronic Finance Inderscience Publishers

Consumer Assistance to Recycle and Save Act: empirical examination of government-sponsored financial incentives

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Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd. All rights reserved
ISSN
1746-0069
eISSN
1746-0077
DOI
10.1504/IJEF.2010.033302
Publisher site
See Article on Publisher Site

Abstract

The Cash for Clunkers program is the popular nickname for the Car Allowance Rebates Program created in the Consumer Assistance to Recycle and Save Act of 2009 (CARS). A review of the applied literature on CRM, economic policy, and the newly enacted government program providing financial incentives, national identity programs and an empirical analysis, via a focused, stratified approach to measure personal reactions to government goals and rebates conducted in companies representative of the service industries located in the metropolitan section of Akron, OH. It was found that potential customers are more likely to purchase a vehicle under the CARS program if they had a political view that found it appropriate for government to offer such financial incentives to increase fuel efficiency; however, this was not true for the other reasons, such as to stimulating the automobile industry, helping the environment, and providing for the needy.

Journal

International Journal of Electronic FinanceInderscience Publishers

Published: Jan 1, 2010

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