We construct measures of industry performance and welfare in the US car and light truck
market from 1980-2018. We estimate a differentiated products demand model for this market …

We construct measures of industry performance and welfare in the US automobile market
from 1980 to 2018. We estimate a demand model using product-level data on market …

In a competitive marketplace, the effectiveness of any element of the marketing mix is
determined not only by its absolute value, but also by its relative value with respect to the …

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 …

In this paper, we consider how rich sources of information on consumer choice can help to
identify demand parameters in a widely used class of differentiated products demand …

We develop a consumer‐level model of vehicle choice to shed light on the erosion of the US
automobile manufacturers' market share during the past decade. We examine the influence …

This paper develops new techniques for empirically analyzing demand and supply in
differentiated products markets and then applies these techniques to analyze equilibrium in …

This paper studies the within-model-year pricing and production of new automobiles. Using
new monthly data on US transaction prices, we document that for the typical new vehicle …

Quantitatively, we investigate the allocative and welfare effects of secondary markets for
cars. An important source of gains from trade in these markets is the heterogeneity in the …

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 …