Mertens, Yves (1990) Modelling price behaviour in the European car market: 1970-1985. EI, 1. Suntory and Toyota International Centres for Economics and Related Disciplines, London School of Economics and Political Science, London, UK.
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This paper is concerned with the determinants of car prices in four European countries: Belgium, France, Germany and the United Kingdom, over the period 1970-1985. The main focus of the study lies in explaining the levels of, and the changes in, the large price differentials observed across the several countries, and in exploring the impact of the trade restrictions imposed on Japanese car exports to Europe over the period in question. The main finding is that these two sources of price differentials play a substantive role in explaining observed differentials. The second major theme relates to the effects of the increase of Japanese import penetration and the resulting trade restrictions.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1990 Yves Mertens|
|Uncontrolled Keywords:||European car market; car prices; price differentials; trade restrictions|
|Library of Congress subject classification:||H Social Sciences > HD Industries. Land use. Labor|
|Sets:||Collections > Economists Online
Research centres and groups > Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD)
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