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Despite the European Commission’s concrete steps to integrate the national car markets and reduce car price dispersion, significant car price differences exist. Moreover, international differences in taxation of sales and registration of motor vehicles do not give rise to considerable...
Persistent link: https://www.econbiz.de/10012990484
During the summer of 2005, the three domestic U.S. automobile manufacturers offered a customer promotion that allowed customers to buy new cars at the discounted price formerly offered only to employees. The initial months of the promotion were record sales months for each of the three firms,...
Persistent link: https://www.econbiz.de/10014026116
By restricting bidders to be qualified dealers, wholesale automobile auctions exclude the bidders who place the highest value on the vehicles: consumers. This paper provides an explanation for this puzzling entry restriction by modeling the inventory-management decision of a firm. If an...
Persistent link: https://www.econbiz.de/10013090686
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...
Persistent link: https://www.econbiz.de/10013156916
The automobile market in China has seen unprecedented expansion during the past decade with rapid model turnover and dramatic price decline. This paper aims to document the evolution of price and investigate the sources of price decline, paying attention to both market structure and cost...
Persistent link: https://www.econbiz.de/10013065039
This report examines the place of China’s automobile industry in the global market and analyzes the recent, rapid increase in Chinese automobile exports. In addition, the implications carried by the rise of Chinese auto exports for the Korean automobile industry are identified and analyzed
Persistent link: https://www.econbiz.de/10014263453
The topic of automotive supply chains has been increasingly studied as it raises questions of economic development, especially from the perspectives of simultaneous globalisation and regionalisation, and trade. While ASEAN is a prime example of intraregional production networks, supply chains...
Persistent link: https://www.econbiz.de/10011212910
This paper investigates the role of distribution networks in explaining incumbency advantages in the European car market. We compare three approaches to incorporate the size of distribution networks in discrete choice models of product differentiation: as an extra product characteristic, as a...
Persistent link: https://www.econbiz.de/10011051640
In this paper, we examine the structure and the evolution of international exchanges of auto parts over the 2000-2012 period for four European countries. The first part of our study reviews the literature and points out four stylized facts about the geography of automotive supply networks. In...
Persistent link: https://www.econbiz.de/10011100169
In this paper, we examine the structure and the evolution of international exchanges of auto parts over the 2000-2012 period for four European countries. The first part of our study reviews the literature and points out four stylized facts about the geography of automotive supply networks. In...
Persistent link: https://www.econbiz.de/10011107370