Impacts of Hybrids and Electric Vehicles in Connecticut: Retrospective and Prospective

Abstract

This paper examines the diffusion of three classes of non-fossil fuel light vehicles, and the macroeconomic impacts of transitioning from internal combustion engines towards low-carbon transportation among counties in Connecticut. This paper establishes high market penetration patterns by including intermodal access among state’s counties and then use a region-specific computable general equilibrium model to establish dynamic economic impacts inclusive of amenities. Results shed light on the long- and medium-term impacts of non-fossil fuel vehicle diffusion, identifying new paths of research and informing policymakers of the impacts of these new technologies over a regions’ power and socioeconomic infrastructures.