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The Impact of Public Climate Change Concern on Sustainable Product Consumption - A Case Study of New Energy Vehicles in China

Han, Shuihua; Mo, Yudi; Liu, Zhenyuan; Lei, Cheng; Ye, Zhen; (2023) The Impact of Public Climate Change Concern on Sustainable Product Consumption - A Case Study of New Energy Vehicles in China. Annals of Operations Research (In press). Green open access

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Abstract

With global climate change problems becoming increasingly serious, sustainable consumption has become an inevitable trend. In this paper, we take the Chinese new energy vehicle market as an example and research the relationship between the public climate change concern and sustainable product consumption behaviour, while considering the time decay effect of public concern. We collect authoritative secondary data on climate change Baidu search index and the monthly sales of new energy vehicle brands and use panel data to test the hypotheses empirically. The result shows that there is a significant positive effect of public climate change concern on new energy vehicle consumption behaviour. This effect is also present when the time decay effect is considered. The result shows that public new energy vehicle concern has a significant negative effect on new energy vehicle consumption behaviour. The findings provide theoretical support for government policymakers and corporate managers to promote the adoption and diffusion of sustainable products.

Type: Article
Title: The Impact of Public Climate Change Concern on Sustainable Product Consumption - A Case Study of New Energy Vehicles in China
Open access status: An open access version is available from UCL Discovery
Publisher version: http://link.springer.com/journal/10479
Language: English
Additional information: This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
Keywords: Sustainable consumption, Climate change, Public concern, New energy vehicles, Mass marketing, Social influence
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery.ucl.ac.uk/id/eprint/10158767
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