Article ID: | iaor1990818 |
Country: | Belgium |
Volume: | 30 |
Start Page Number: | 3 |
End Page Number: | 32 |
Publication Date: | Jul 1990 |
Journal: | Belgian Journal of Operations Research, Statistics and Computer Science |
Authors: | De Pelsmacker P. |
Keywords: | economics |
The paper focuses upon the modelisation of car demand structure. A market share model of car demand structure by size classes is defined and estimated for Belgian data for the period 1972-1986. The effect of various variables on market share evolution is calculated. A distinction is made between the effect on total demand and the effect on demand structure. A number of scenarios of future economic evolution are presented and the resulting new car demand and demand structure are calculated.