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Author:Kwoka, J.
Title:The sales and competitive effects of styling and advertising practices in the U.S. auto industry
Journal:Review of Economics and Statistics
1993 : NOV, VOL. 75:4, p. 649-656
Index terms:USA
CAR INDUSTRY
SALES
Language:eng
Abstract:This paper utilizes a detailed data set on most U.S. car models over a 22-year period to determine the impact of advertising and product styling. It finds that, while advertising and style change each increases a model's sales, advertising is short-lived but styling has a much longer impact. Rivals' styling reduces own model sales to the point that the overall market effect is self-cancelling. The results add several twists to previous analyses of this industry.
SCIMA record nr: 115683
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