英文摘要 |
This study examines the effects of the 2015 Volkswagen diesel emissions scandal on the Taiwanese new-car market. Using a difference-in-differences empirical strategy and administrative data on new-car registrations, we determined that Volkswagen’s quarterly sales fell by more than 20% in the self-use market. However, Volkswagen’s sales recovered after one year. Business buyers in the B2B market did not respond to emissions scandal. Regarding collective reputation, we found no evidence of spillover to other German brands, indi-cating that environmental concerns in Taiwan did not extend to other brands within the same country. |