The Demand Analysis of Typical Car Market in China

The Demand Analysis of Typical Car Market in China


Author:Sun Wei, Xie Shuping, Zhu Ailing, Lin Guohuai Journal:Commercial Research  Date:2008(8)

Keywords revenue effect; car market; demand gap

Abstract

Currently, China’s car market has got rapid development. The demand for cars is growing. The paper finds out the characteristics of the car market by analyzing the price index trend. With a survey on the disposable income of the urban residents from 2004-2006 measures the purchasing power of the car market. By constructing an appropriate econometric model, it clarifies the relationship among the demand of typical cars, the average disposable income and the price index.


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