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来源类型Working Paper
规范类型报告
DOI10.3386/w6481
来源IDWorking Paper 6481
Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market
Steven Berry; James Levinsohn; Ariel Pakes
发表日期1998-03-01
出版年1998
语种英语
摘要In this paper, we exploit new sources of cross-sectional data to estimate a detailed product-level demand system for new passenger vehicles. We use four data sources: on the characteristics of products, on the attributes of the U.S. population of households, on the match between the first and second vehicle choices of the household, and on the match between households attributes and first choice vehicles. We show that these data solve some, but not all, of the traditional problems in estimating differentiated products demand systems and indicate which data sources are important for which problem. The data is rich enough to reveal a rather complex substitution pattern, requiring a quite general modeling framework. Together the data and model make a detailed analysis of industry demand possible.
主题Microeconomics ; Market Structure and Distribution ; Industrial Organization ; Industry Studies
URLhttps://www.nber.org/papers/w6481
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563998
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GB/T 7714
Steven Berry,James Levinsohn,Ariel Pakes. Differentiated Products Demand Systems from a Combination of Micro and Macro Data: The New Car Market. 1998.
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