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The impact of price change on consumer choice of automobiles


Mohd Mustafa, Muszafarshah and Abdul Razak, Nor Azam (2007) The impact of price change on consumer choice of automobiles. In: International Economic Conference on Trade and Industry (IECTI) 2007, 3 - 5 December 2007, Bayview Hotel Georgetown, Penang. (Unpublished)

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Abstract

The objective of this paper is to examine whether a change in the price of a given model of national automobiles affects the choice of alternative car models by consumers. Four models of national automobiles - Saga 1.3cc, Saga 1.5cc, Wira 1.3cc, and Wira 1.5cc - are considered over the period 2000–2002. The results based on the conditional logit model indicate that all of the alternative models are substitutes to each other.

Item Type: Conference or Workshop Item (Paper)
Additional Information: Organized by Faculty of Economics, Universiti Utara Malaysia
Uncontrolled Keywords: Conditional logit, Vehicle-type choice, Saga, Wira
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: College of Arts and Sciences
Depositing User: Mrs. Juwita Johari
Date Deposited: 21 Feb 2011 13:09
Last Modified: 21 Feb 2011 13:09
URI: http://repo.uum.edu.my/id/eprint/2463

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