Predicting New Car Registrations : Nowcasting with Google Search and Macroeconomic Data

Based on search queries data and a macroeconomic index (PMI) we attempt to predict new car registrations. As the forecasting horizon is short, the modelling is performed in accordance with the idea of nowcasting. The study covers 48 monthly observations for sixteen car producers present on Polish market. The proposed model explains the level of new car registrations for the five major makes and allows to forecast the number of registrations for the current and next month

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Year of publication:	2015
Authors:	Tomczyk, Emilia
Other Persons:	Doligalski, Tymoteusz (contributor)
Publisher:	[2015]: [S.l.] : SSRN
Subject:	Prognoseverfahren \| Forecasting model \| Suchmaschine \| Search engine \| Konsumentenverhalten \| Consumer behaviour \| Kfz-Gewerbe \| Automotive services industry

Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: E. Tomczyk, T. Doligalski, Predicting New Car Registrations: Nowcasting with Google Search and Macroeconomic Data, [in:] Sł. Partycki (ed.), E-społeczeństwo w Europie Środkowej i Wschodniej. Teraźniejszość i perspektywy rozwoju, Wydawnictwo KUL, Lublin 2015, p. 228-236 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 25, 2015 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013020398