We address the construction of price indexes for consumer vehicles using data collected
from a national sample of dealerships. The dataset contains highly disaggregate data on …

This paper analyzes market share changes in automobile and light truck submarkets. We
find that new product, as measured by restyling, represents the most consistent, dominant …

The goal of this paper is to study the behavior of consumers, dealers, and manufacturers in
the car sector and present an approach that can be used by managers and policy makers to …

This article studies the within‐model‐year pricing, production, and inventory management of
new automobiles. Using new monthly data on US transaction prices, we document that, for …

This paper proposes a technique for obtaining more precise estimates of demand and
supply curves when one is constrained to market-level data. The technique allows one to …

The entry and exit of products, rather than firms, serve as the main equilibrating force in
many markets, so accurately predicting changes from a merger or bankruptcy should …

The conclusions of policy-oriented market studies often hinge upon the size of an estimated
demand elasticity. Few of the researchers who have estimated such elasticities have utilized …

In this study, using market‐level data on quantities, prices' and automobile characteristics
from 1995 to 2001, we conduct a market analysis of the Chinese automobile industry under …

T HIs paper presents a portion of the results of a wider study of the link between market
structure and industry performance in consumer goods industries (Porter, 1973). The study …

Recent evidence from aggregate models of automobile demand indicates that, when not
corrected for quality differences, market price elasticity of demand is substantially biased …