Due to input-output linkages, an industry level shock can widely transmit to the rest of the economy. We identify government policies on the automobile industry, which change final prices and estimate their effect on sales and production. An example could be the scrappage schemes that many...

In this paper, we investigate whether French consumers have modified their preferences towards environmentally-friendly vehicles between 2003 and 2008. We estimate a model of demand for automobiles incorporating both consumers' heterogeneity and CO2 emissions of the vehicles. Our results show...

This paper examines how consumers react to the financial distress of durable goods manufacturers by looking at the Swedish new car market. We employ a difference-in-differences matching methodology whereby we compare sales of carmaker Saab with those of a carefully constructed control group of...

Governments all over the world have invested tens of billions of dollars in car scrappage programs to fuel the economy in 2009. We investigate the German case using a unique micro transaction dataset covering the years 2007 to 2010. Our focus is on the incidence of the subsidy, i.e., we ask how...

This paper empirically analyzes the determinants of demand in the German automobile industry. Our primary goal is to refine the existing literature on that topic by exploring the impact of uniqueness seeking behaviour of individuals on the demand schedule. Using a dataset on the segment of...

Auto industry is one of the fastest growing industries in the world. India is producing one out of every ten automobiles made in the world. The auto industry is responsible for 15-20% of global carbon dioxide emissions and 80% becomes users' responsibility (JAMA). Many people are aware of the...

The automobile industry is one of the fastest growing sectors of the world. India is the fourth largest exporter of passenger car and 6th largest producer in the world. A number of leading global automotive companies entered with the joint ventures and started producing the variety of models...

The automobile industry today is the most profit making industry in India. It is one of the largest in the world which contributes to the global sales of automobiles which is set to grow. It plays a significant role in the economic development around the world. Consumer attitude towards the...

Retailers co-locate with rivals to take advantage of economies of agglomeration even though co-location implies greater competition. Using data on all new car transactions registered in Ohio from 2007 to 2014, we estimate a structural model of consumer search for spatially dif- ferentiated...