Acta academica karviniensia 2012, 12(3):54-66 | DOI: 10.25142/aak.2012.040

ŠROTOVNÉ V KONTEXTU MODELOVÁNÍ POPTÁVKY PO AUTOMOBILECH

Marek Litzman, Luděk Kouba, Jitka Dušková
Bc. Marek Litzman, Ing. Luděk Kouba, Ph.D., Ing. Jitka Dušková, Ph.D., Ústav ekonomie PEF, Mendelova Univerzita v Brně, Zemědělská 1, 613 00 Brno, xlitzman@node.mendelu.cz, kouba@mendelu.cz, duskova@mendelu.cz

The scrappage scheme became one of the most discussed instruments within the aggregate demand stimulation during the world economic crisis 2008-2009. The aim of this paper is to suggest an equation using the available data to estimate the efficiency of the scrappage premium. The initial part of the paper introduces the history of the scrappage premium (since 1970s) and also important papers dealing with the previous schemes. The survey of significant texts focusing on the demand modelling is a base for our suggestion of the automobile demand equation. The suggested equation contents four independent variables: disposable income, car price index, price index of the basic complement (which means fuel) and a dummy variable recording a (non)implementation of the scrappage scheme.

Keywords: scrappage scheme, demand modelling, economic crisis
JEL classification: H2, H3, L62

Published: September 30, 2012  Show citation

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Litzman M, Kouba L, Dušková J. ŠROTOVNÉ V KONTEXTU MODELOVÁNÍ POPTÁVKY PO AUTOMOBILECH. Acta academica karviniensia. 2012;12(3):54-66. doi: 10.25142/aak.2012.040.
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