Vehicle Quota System and Its Impact on the Chinese Auto Markets : A Tale of Two Cities

This paper investigates the impact of the unique vehicle quota system of Shanghai, China, on two Chinese markets of passenger vehicles. The empirical findings suggest that conditional on purchase of the license quota, consumers intend to purchase high-end vehicles with high price since the customers who can afford the license quota are less price sensitive. Hence, this system puts the manufacturers producing low end cars at a disadvantage

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Year of publication:	2013
Authors:	Xiao, Junji
Other Persons:	Zhou, Xiaolan (contributor) ; Hu, Wei‐Min (contributor)
Publisher:	[2013]: [S.l.] : SSRN
Subject:	China \| Kfz-Industrie \| Automotive industry \| Kraftfahrzeug \| Motor vehicle \| Kfz-Markt \| Automotive market

Extent:	1 Online-Ressource (39 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 21, 2013 erstellt
Other identifiers:	10.2139/ssrn.2294217 [DOI]
Classification:	C25 - Discrete Regression and Qualitative Choice Models ; H11 - Structure, Scope, and Performance of Government ; L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013079031