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Learning by Consumers in the Demand for Japanese Cars

Charlotte Wojcik

Review of International Economics, 2001, vol. 9, issue 1, 94-107

Abstract: This paper provides an empirical analysis of the impact of consumer learning over time on the demand for Japanese cars, using both a multinomial logit demand model and the Berry–Levinsohn–Pakes demand model (Econometrica, vol. 63, 1995, 841–90). The data suggest that learning about particular models, manufacturers, and Japanese cars as a group had a positive impact on the demand for individual models during the 1970s and 1980s.

Date: 2001
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https://doi.org/10.1111/1467-9396.00266

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