EconPapers    
Economics at your fingertips  
 

The Political Economy of Car Sales in Athens, Greece

Konstantinos Konstantakis and Panayotis Michaelides

MPRA Paper from University Library of Munich, Germany

Abstract: Greece is widely hailed to be among the most prominent victims of the recent global recession since the downfall of its economic activity, caused by local and international factors, has reached levels that are directly comparable to the Great Recession. In this context, we attempt to shed light on a prominent victim of this situation, i.e. the car sales industry in Athens, Greece over the time period 2000-2012 using monthly data. To this end, an appropriate econometric model, that incorporates a large number of potential determinants which account for the relevant factors, is used and several econometric techniques are employed such as stationarity testing; filtering; white noise testing; periodicity analysis; correlation analysis and causality testing. Our empirical investigation determines the macroeconomic and other variables that act either as pro- or countercyclical factors in business cycles fluctuations of the car sales industry in Athens.

Keywords: Business Cycles; Fluctuations; Crisis; Car Sales; Athens (search for similar items in EconPapers)
JEL-codes: C1 C2 E6 H2 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/74489/1/MPRA_paper_74489.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:74489

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2025-03-22
Handle: RePEc:pra:mprapa:74489