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Quality, user cost, forward-looking behavior, and the demand for cars in the UK

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  • Murray, Jonathan
  • Sarantis, Nicholas

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  • Murray, Jonathan & Sarantis, Nicholas, 1999. "Quality, user cost, forward-looking behavior, and the demand for cars in the UK," Journal of Economics and Business, Elsevier, vol. 51(3), pages 237-258, May.
    • Handle: RePEc:eee:jebusi:v:51:y:1999:i:3:p:237-258
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    1. MacKinnon, James G. & White, Halbert & Davidson, Russell, 1983. "Tests for model specification in the presence of alternative hypotheses : Some further results," Journal of Econometrics, Elsevier, vol. 21(1), pages 53-70, January.
    2. Price, Simon, 1994. "Aggregate Uncertainty, Forward Looking Behaviour and the Demand for Manufacturing Labour in the UK," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(3), pages 267-283, August.
    3. Cuthbertson, Keith, 1990. "Rational expectations and export price movements in the UK," European Economic Review, Elsevier, vol. 34(5), pages 953-969, July.
    4. Hylleberg, S. & Engle, R. F. & Granger, C. W. J. & Yoo, B. S., 1990. "Seasonal integration and cointegration," Journal of Econometrics, Elsevier, vol. 44(1-2), pages 215-238.
    5. Robert C. Feenstra, 1988. "Quality Change Under Trade Restraints in Japanese Autos," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 103(1), pages 131-146.
    6. Terry R. Johnson, 1978. "Aggregation and the Demand for New and Used Automobiles," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(2), pages 311-327.
    7. Price, Simon, 1992. "Forward Looking Price Setting in UK Manufacturing," Economic Journal, Royal Economic Society, vol. 102(412), pages 497-505, May.
    8. Patterson, Kerry D, 1994. "Engle and Yoo Three Step Estimation of Consumers' Expenditure and Housing Equity Withdrawal," Bulletin of Economic Research, Wiley Blackwell, vol. 46(4), pages 275-288, October.
    9. Ake G. Blomqvist & Walter W. Haessel, 1978. "Small Cars, Large Cars, and the Price of Gasoline," Canadian Journal of Economics, Canadian Economics Association, vol. 11(3), pages 470-489, August.
    10. Frank C. Wykoff, 1973. "A User Cost Approach to New Automobile Purchases," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(3), pages 377-390.
    11. James Levinsohn, 1988. "Empirics of Taxes on Differentiated Products: The Case of Tariffs in the U.S. Automobile Industry," NBER Chapters, in: Trade Policy Issues and Empirical Analysis, pages 9-44, National Bureau of Economic Research, Inc.
    12. Armstrong, A G & Odling-Smee, J C, 1979. "The Demand for New Cars II-An Empirical Model for the UK," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 41(3), pages 193-214, August.
    13. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    14. Cuthbertson, Keith & Gasparro, David, 1993. "The Determinants of Manufacturing Inventories in the UK," Economic Journal, Royal Economic Society, vol. 103(421), pages 1479-1492, November.
    15. Robert E. Baldwin, 1988. "Trade Policy Issues and Empirical Analysis," NBER Books, National Bureau of Economic Research, Inc, number bald88-2, July.
    16. Trandel, Gregory A, 1991. "The Bias Due to Omitting Quality When Estimating Automobile Demand," The Review of Economics and Statistics, MIT Press, vol. 73(3), pages 522-525, August.
    17. Cuthbertson, Keith & Taylor, Mark P, 1992. "A Comparison of the Rational Expectations and the General-to-Specific Approaches to Modelling the Demand for M1," The Manchester School of Economic & Social Studies, University of Manchester, vol. 60(1), pages 1-22, March.
    18. Cubbin, John S, 1975. "Quality Change and Pricing Behaviour in the United Kingdom Car Industry 1956-1968," Economica, London School of Economics and Political Science, vol. 42(165), pages 43-58, February.
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    Cited by:

    1. Alexander Kihm & Colin Vance, 2016. "The determinants of equity transmission between the new and used car markets: a hedonic analysis," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 67(10), pages 1250-1258, October.
    2. repec:zbw:rwirep:0521 is not listed on IDEAS
    3. Alexander Kihm & Colin Vance, 2014. "The Determinants of Equity Transmission Between the New and Used Car Markets – A Hedonic Analysis," Ruhr Economic Papers 0521, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    4. Koen Pauwels & Richard D’Aveni, 2016. "The formation, evolution and replacement of price–quality relationships," Journal of the Academy of Marketing Science, Springer, vol. 44(1), pages 46-65, January.
    5. Merijn Rengers & Olav Velthuis, 2002. "Determinants of Prices for Contemporary Art in Dutch Galleries, 1992–1998," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 26(1), pages 1-28, February.
    6. Requena-Silvente, Francisco & Walker, James, 2007. "Investigating sales and advertising rivalry in the UK multipurpose vehicle market (1995-2002)," Journal of Economics and Business, Elsevier, vol. 59(2), pages 163-180.
    7. Mick Silver & Saeed Heravi, 2003. "The Measurement of Quality-Adjusted Price Changes," NBER Chapters, in: Scanner Data and Price Indexes, pages 277-316, National Bureau of Economic Research, Inc.

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