Many states allow existing retail vehicle dealerships to challenge the entry of new competitors. Earlier studies found these restrictions resulted in higher vehicle retail prices. However, the studies used average vehicle prices or proxies for average prices and were not able to control for the...

Using a structural model of demand for automobile engine variants, this paper finds that there is second-degree price discrimination: markups increase with engine size. Still, average markups are lower than when models have just one engine. The paper develops the first empirical demand framework...

We investigate whether car buyers are myopic about future fuel costs. We estimate the effect of gasoline prices on short-run equilibrium prices of cars of different fuel economies. We then compare the implied changes in willingness-to-pay to the associated changes in expected future gasoline...

General Motors was once regarded as the best-managed and most successful firm in the world. However, between 1980 and 2009, GM's US market share fell from 46 to 20 percent, and in 2009 the firm went bankrupt. We argue that the conventional explanation for this decline?namely high legacy labor...

In Brazil, gasoline and ethanol coexist as automotive fuels and are becoming closer substitutes as flex cars become more widely adopted. We employ this source of variation in a large panel of weekly prices at the station level to show that fuel prices have fallen in response to this change. This...

We study cross-country price differences in the European market for new passenger cars based on detailed pricing and technical data. Car prices in Europe converged until the year 2003, but not thereafter. Within the EU 15 countries the price range of the median model in 2004 was close to 20...

We develop a theoretical model to study the effects of an ad valorem taxation regime differentiated according to product characteristics (quality) within an imperfectly competitive market. Then to test our theoretical prediction we use yearly data from the Irish automobile market during the...

The LCA aerostructures industry is truly global, with manufacturers from all parts of the world supplying the two major remaining LCA producers, The Boeing Co. of the United States and the former Airbus Industrie, G.I.E. of France. Airbus is in the final stages of its transformation to a single...

This paper contains an independent empirical analysis of the effect of a Notice, issued by the Swiss Competition Commission in 2002 concerning vertical agreements between manufacturers and distributors of motor vehicles, on the degree to which the subsequent prices of cars in Switzerland...

This paper contains an independent empirical analysis of the effect of a Notice, issued by the Swiss Competition Commission in 2002 concerning vertical agreements between manufacturers and distributors of motor vehicles, on the degree to which the subsequent prices of cars in Switzerland...