Download or read book Equilibrium Trade in Automobile Markets written by Kenneth Gillingham and published by . This book was released on 2019 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: We introduce a computationally tractable dynamic equilibrium model of the automobile market where new and used cars of multiple types (e.g. makes/models) are traded by heterogeneous consumers. Prices and quantities are determined endogenously to equate supply and demand for all car types and vintages, along with the ages at which cars are scrapped. The model allows for transactions costs, taxes, flexible specifications of car characteristics, consumer preferences, and heterogeneity. We apply the model to two examples: a revenue-neutral replacement of the new vehicle registration tax with a higher fuel tax and a hypothetical "merger to monopoly" in an oligopolistic new car market. We show substantial gains in consumer welfare from the tax policy change, as well as important effects on government revenues, automobile prices, driving, fuel consumption and CO2 emissions, while the merger leads to substantial welfare losses.
Download or read book A General Equilibrium Analysis of International Trade Under Imperfect Competition in Both Product and Labor Markets written by Junʼichi Gotō and published by . This book was released on 1988 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Automobile Prices in Market Equilibrium Part I and II written by Steven Berry and published by . This book was released on 1993 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of State Entry Regulation on Retail Automobile Markets written by Robert P. Rogers and published by . This book was released on 1986 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The effects of oligopoly in the US Automobile sector on pricing and development written by Ricardo Falter and published by GRIN Verlag. This book was released on 2011-07-20 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Business economics - Trade and Distribution, Maastricht University, language: English, abstract: The US automobile industry is a good example of an oligopoly. It consists mainly of three major firms, General Motors (GM), Ford, and Chrysler. The influence of this oligopoly can be seen in the prices and the development and introduction of new car models into the American car market. Extensive work has been done on the field of collusive behaviour in the US automobile market and moreover the introduction of the small car in the 1950s shows how the firms collude when it comes to the introduction of a new car.
Download or read book Automobile Market Equilibrium written by James Arthur Berkovec and published by . This book was released on 1983 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Short Run Equilibrium in the Automobile Market written by Charles F. Manski and published by . This book was released on 1980 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A General Equilibrium Analysis of Trade Restrictions Under Imperfect Competition written by Junʼichi Gotō and published by . This book was released on 1985 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A General Equilibrium Analysis of US Foreign Trade Policy written by Jaime De Melo and published by MIT Press. This book was released on 1992 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors' model is the first large-scale computer simulation of the effects of changes in U.S. import quotas.
Download or read book Automobile Prices in Market Equilibrium written by Steven Berry and published by . This book was released on 2010 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops new techniques for empirically analyzing demand and supply in differentiated products markets and then applies these techniques to analyze equilibrium in the U.S. automobile industry. Our primary goal is to present a framework which enables one to obtain estimates of demand and cost parameters for a broad class of oligopolistic differentiated products markets. These estimates can be obtained using only widely available product-level and aggregate consumer-level data, and they are consistent with a structural model of equilibrium in an oligopolistic industry. When we apply the techniques developed here to the U.S. automobile market. we obtain cost and demand parameters for (essentially) all models marketed over a twenty year period.
Download or read book Short Sighted Solutions Trade and Energy Policies for the US Auto Industry written by Robert E. Scott and published by Taylor & Francis. This book was released on 2017-07-06 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, originally published in 1994, explores the effects of federal policies on the US auto industry in the 1970s and 80s which were designed to save jobs and help the domestic industry become more competitive. The author develops a new model based on modern oliopoly theory to estimate the effects of the voluntary Restraint Agreements (which limited Japanese imports) on the US auto market. The results demonstrate that VRAs caused price increases which adversely affected the comptitiveness of US producers. On the eve of a new Trump administration, and the likelihood of new restrictions on imports to boost US manufacturing, this book has particular enduring relevance.
Download or read book A General Equilibrium Analysis of International Trade Under Imperfect Competition in Both Product and Labor Markets written by Junichi Goto and published by . This book was released on 1986 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Car Market written by M. J. H. Mogridge and published by . This book was released on 1983 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Automobile Equilibrium Prices written by Franco Mariuzzo and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Policy and the U S Automobile Industry written by Eric J. Toder and published by Greenwood. This book was released on 1978 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade and Imperfect Competition written by Junichi Goto and published by World Bank Publications. This book was released on 1988 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Driving Continentally written by Maureen Appel Molot and published by McGill-Queen's Press - MQUP. This book was released on 1993 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this collection provide important new material on this industry in crisis which is critical to the economies of the U.S., Canada and Mexico. The authors examine major changes in the industry, and how government policies in the three countries have promoted, protected and shaped it.
