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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/10010271177
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...
Persistent link: https://www.econbiz.de/10010316840
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/10003857726
The automobile industry was a leader in Germany's economic recovery after World War II. In the 1950s and 1960s, carmakers found a ready market for their products as mass motorization created a manufacturing backlog. But, by the 1970s, rapid changes in sales and the arrival of new competitors in...
Persistent link: https://www.econbiz.de/10013133426
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...
Persistent link: https://www.econbiz.de/10013108075
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 is one of the most significant sectors of the German economy both in terms of value added and number of employees. This paper focuses on the determinants of automobile demand in Germany from 2008 to 2016. We apply multiple linear regression in order to estimate new...
Persistent link: https://www.econbiz.de/10012912152
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...
Persistent link: https://www.econbiz.de/10009740927
We investigate the effects of 2015 Volkswagen diesel emissions scandal in the Taiwanese new car market. Using a difference-in-differences empirical strategy and administrative data on new car registrations, we find that quarterly sales of Volkswagen fell by more than 20% in self-use market. But...
Persistent link: https://www.econbiz.de/10013312232
We use online search data to predict car sales in the German and UK automobile industries. Search data subsume several distinct search motives, which are not separately observable. We develop a model linking search motives to observable search data and sales. The model shows that predictions of...
Persistent link: https://www.econbiz.de/10012984205