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A REVIEW OF ECONOMETRIC ESTIMATION OF CONSUMER DEMAND FOR AUTOMOBILES AND THE COUNTRY OF ORIGIN (COO) EFFECTS

Dokuz Eylul University Faculty of Economics and Administrative Sciences Journal

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Title A REVIEW OF ECONOMETRIC ESTIMATION OF CONSUMER DEMAND FOR AUTOMOBILES AND THE COUNTRY OF ORIGIN (COO) EFFECTS
A REVIEW OF ECONOMETRIC ESTIMATION OF CONSUMER DEMAND FOR AUTOMOBILES AND THE COUNTRY OF ORIGIN (COO) EFFECTS
 
Creator ÖZÇAM, AHMET
ÖZÇAM, DİLEK SAĞLIK
 
Description Abstract.  The demand for automobiles has always been an important area for the application of various theoretical econometric models and the automotive industry remains to be the leading export sector in Turkey. This paper surveys a range of important developments in the modeling and estimation of demand for new automobiles in various regions like the U.S., Europe, and Turkey. The applied econometrician can acquire a good perspective when constructing such a model and deciding on the most appropriate econometric estimation technique. However, the applied econometrician is cautioned against some of the difficulties in modeling and forecasting the demand for automobiles. Since the Country of Origin (COO) effect is known to be an important factor in explaining the demand for products including automobiles, we also review the marketing literature investigating the consumers’ biases about products related to the country in which they are made.  
Abstract.  The demand for automobiles has always been an important area for the application of various theoretical econometric models and the automotive industry remains to be the leading export sector in Turkey. This paper surveys a range of important developments in the modeling and estimation of demand for new automobiles in various regions like the U.S., Europe, and Turkey. The applied econometrician can acquire a good perspective when constructing such a model and deciding on the most appropriate econometric estimation technique. However, the applied econometrician is cautioned against some of the difficulties in modeling and forecasting the demand for automobiles. Since the Country of Origin (COO) effect is known to be an important factor in explaining the demand for products including automobiles, we also review the marketing literature investigating the consumers’ biases about products related to the country in which they are made.  
 
Publisher Dokuz Eylul University Faculty of Economics and Administrative Sciences Journal
Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
 
Contributor —
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Date 2013-06-11
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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Format application/pdf
 
Identifier https://iibfdergi.deu.edu.tr/index.php/cilt1-sayi1/article/view/303
 
Source Dokuz Eylul University Faculty of Economics and Administrative Sciences Journal; Cilt 27, Sayı 1 (2012): CİLT:27 SAYI:1
Dokuz Eylül Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi; Cilt 27, Sayı 1 (2012): CİLT:27 SAYI:1
2147-7973
1302-504X
 
Language eng
 
Relation https://iibfdergi.deu.edu.tr/index.php/cilt1-sayi1/article/view/303/pdf_283