Governmental regulation impact on producers and consumers: A longitudinal analysis of the European automotive market

Autor:	Ian Skinner, Duncan Kay, Dan Newman, Peter P. Wells, Jamie Beevor, Gena Gibson, Adarsh Varma
Rok vydání:	2013
Předmět:	Longitudinal study Public economics business.industry Automotive industry Transportation Management Science and Operations Research Price analysis Unit (housing) Economics Economic impact analysis Automotive market Marketing business Civil and Structural Engineering
Zdroj:	Transportation Research Part A: Policy and Practice. 47:28-41
ISSN:	0965-8564
Popis:	This paper analyses the issue of whether governmental regulation results in higher producer costs that are then passed on as higher prices to the consumer, with a longitudinal study of the European automotive market. Using a large data set for the period 1995–2010 the hedonic price analysis study concludes that the claims that regulation would result in higher per unit costs for new cars are not supported, at least as far as the pass-through into retail or list prices are concerned. Consequently, regulators need a better understanding of what the ‘cost of regulation’ claims entail over the longer term – with the implication that additional costs even where they arise are more easily absorbed than has hitherto been expected.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::5032ba47bc1284e7facc821d54143bcc https://doi.org/10.1016/j.tra.2012.10.023 Zobrazit plný text záznamu Full Text from ScienceDirect