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The Survival Of Differentiated Products: An Application To The Uk Automobile Market, 1971-2002

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Author Info
FRANCISCO REQUENA-SILVENTE
JAMES T. WALKER

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Abstract

We investigate how competition affected the survival of products in the UK automobile market between 1971 and 2002. We find, after using a host of controls to account for product characteristics and changes in market structure, that (i) within and between firm spatial competition significantly reduces the life of a model, (ii) initial product differentiation and variant proliferation obviate competition, and (iii) product innovation significantly extends model survival. Copyright © 2009 The Authors. Journal compilation © 2009 Blackwell Publishing Ltd and The University of Manchester.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9957.2009.02098.x
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Publisher Info
Article provided by University of Manchester in its journal The Manchester School.

Volume (Year): 77 (2009)
Issue (Month): 3 (06)
Pages: 288-316
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Handle: RePEc:bla:manchs:v:77:y:2009:i:3:p:288-316

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This page was last updated on 2009-11-22.

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